The CRA GST/HST Credit October 2025 Payment Date has been officially confirmed, marking the final installment of the year for millions of Canadians. With inflation and cost-of-living pressures continuing across the country, this tax-free quarterly credit is designed to bring timely relief to low- and modest-income households. Administered automatically by the Canada Revenue Agency (CRA), … Read more
In 2025, the Government of Canada announced a new financial relief measure to help families and individuals facing high living costs. The Canada Revenue Agency (CRA) will issue a $500 One-Time Tax Refund directly to eligible taxpayers. This payment will give quick support to millions of Canadians without the need for any application. It is … Read more
The Canada Pension Plan (CPP) is one of the most important retirement programs for Canadians. It is designed to provide income support after you stop working, but you don’t have to wait until age 65 to claim it. In fact, you can start collecting your CPP benefits at age 60. Many people are unsure whether … Read more
Canadian seniors rely on Old Age Security (OAS) as a vital source of monthly income. For those aged 75 and older, the maximum OAS pension has risen to $808.45 per month — thanks to a 1% inflation adjustment effective for the July-September 2025 quarter. The August payment, including this uplift, is scheduled to arrive on August 27, 2025, according to the official 2025 … Read more
If you’re a Canadian under age 65 facing a severe disability, and you’ve also lost a spouse who contributed to the Canada Pension Plan (CPP), you may qualify for both CPP Disability and CPP Survivor’s Pension. While each benefit has its own maximum value, Service Canada caps the combined monthly payment at $1,683.57 for 2025. In this guide, you’ll discover … Read more
In August 2025, thousands of Canadian seniors will receive their Guaranteed Income Supplement (GIS), a critical monthly benefit that supports low-income retirees. GIS is provided in addition to the Old Age Security (OAS) pension, helping older Canadians cover essentials like rent, groceries, and healthcare. The GIS amount in 2025 ranges between $660.78 and $1,097.75, depending on marital status, income, … Read more
The Canada Workers Benefit (CWB) remains one of the most important federal supports for working Canadians in 2025. With rising costs for housing, groceries, and transportation, the Canada Workers Benefit ensures that low- and moderate-income workers receive additional financial relief. In August 2025, many Canadians have already received their first advance Canada Workers Benefit payments, with the maximum reaching up to $1,238.99 depending on … Read more
Canadian retirees are set to see a significant improvement in their Canada Pension Plan (CPP) benefits beginning in August 2025. With the latest round of CPP enhancements, eligible seniors could receive up to $2,900 more annually, which works out to roughly $240 extra per month. This boost is part of the government’s long-term strategy to strengthen the retirement system and … Read more
Canadian seniors, caregivers, and adults with disabilities now have a powerful new way to boost financial resilience while improving living conditions. The Multigenerational Home Renovation Tax Credit (MHRTC) offers a refundable tax credit worth 15% of renovation costs, up to a maximum of $7,500 per eligible person. Whether you’re building a safe secondary suite or … Read more
A powerful cost-of-living boost is on the way for households across several provinces. The Canada Revenue Agency (CRA) will deliver the $500 Climate Action Incentive Rebate (CAIP) this October 2025, marking the third quarterly installment in a year designed to ease rising fuel and heating costs. This tax-free rebate—automatically processed when you file your taxes—is … Read more
