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
In August 2025, the Canadian government confirmed the rollout of an enhanced Widow Pension program, offering widows and surviving spouses up to $3,555 per month. Alongside this, eligible survivors will also have access to a one-time death benefit and child assistance payments. This program builds upon the Canada Pension Plan (CPP) Survivor’s Pension and aims to provide financial stability, dignity, and security for families who … Read more
When a spouse or common-law partner who was receiving Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) passes away, the surviving partner—if under age 65—may be eligible for a special financial safety net: the Allowance for the Survivor. In 2025, this benefit can be as much as $1,663.81 per month, offering vital financial relief for widowed … Read more
In August 2025, the Government of Canada confirmed the rollout of a $430 one-time rent relief payment to eligible renters. With rental prices climbing across the country, especially in large urban centers, this program is designed to provide short-term support for households struggling to keep up with housing costs. This relief initiative helps renters manage financial pressure by offering direct payments, ensuring stability, … Read more