In a major win for families caring for children with disabilities, the Canada Revenue Agency (CRA) has announced a $2,000 increase to the Child Disability Benefit (CDB) starting July 2025. This move is designed to ease the financial burden on households managing the rising costs of caregiving, therapies, medical needs, and adaptive equipment. It reflects … Read more
Starting July 2025, millions of Canadian retirees will see a boost in their monthly income through automatic cost-of-living adjustments to Canada Pension Plan (CPP) and Old Age Security (OAS) payments. The Guaranteed Income Supplement (GIS) is also rising, offering even more support to low-income seniors. With the maximum CPP retirement pension increasing to $1,433/month, and … Read more
Starting July 2025, millions of Canadian retirees will see a boost in their monthly income through automatic cost-of-living adjustments to Canada Pension Plan (CPP) and Old Age Security (OAS) payments. The Guaranteed Income Supplement (GIS) is also rising, offering even more support to low-income seniors. With the maximum CPP retirement pension increasing to $1,433/month, and … Read more
Rumors have spread online suggesting a one-time $770 Old Age Security (OAS) increase for Canadian seniors in July 2025. But is there any truth to this widely circulated claim? The answer is no. While OAS payments are adjusted quarterly based on the Consumer Price Index (CPI) to reflect inflation, these changes are incremental, not massive. … Read more
Starting in 2026, the Canadian federal government will officially launch a groundbreaking Universal Basic Income (UBI) pilot, marking a major shift in how income support might look in the future. The pilot will offer direct monthly payments to a selected group of individuals, providing a stable financial base with no work requirements. The Canada Universal … Read more
As inflation and fuel costs continue to climb across Canada, the Canada Carbon Rebate 2025 is stepping in as a vital source of support for millions of households. Previously known as the Climate Action Incentive Payment (CAIP), this program delivers tax-free quarterly payments aimed at easing the burden of carbon pricing and encouraging environmentally responsible … Read more
As of July 11, 2025, the Canada Revenue Agency (CRA) has started issuing advance payments for the Canada Workers Benefit (CWB) for the new benefit year. Eligible low-income workers could receive as much as $1,238.99, depending on their province, income, and household type. With cost of living pressures mounting across the country, the CWB is … Read more
Canada has confirmed a $2,200 one-time, non-taxable direct deposit for seniors, people with disabilities, and low-income individuals, set to be distributed on October 29, 2025. This financial relief will be sent automatically to those already receiving Old Age Security (OAS), Guaranteed Income Supplement (GIS), or Canada Pension Plan Disability (CPP-D) benefits. If you are not … Read more
As the cost of groceries continues to rise in 2025, the Canada Revenue Agency (CRA) has confirmed a new one-time Grocery Rebate aimed at helping households cope with increasing food expenses. The Grocery Rebate 2025, set at a base amount of $234, will begin distribution starting July 15, 2025. This targeted support is part of … Read more
As fuel and home heating costs surge across Canada, the federal government is stepping up with financial relief aimed at protecting households from energy price shocks. The $500 Climate Action Incentive Rebate (CAIR) has been officially scheduled for October 2025, and it will be issued to eligible households through the Canada Revenue Agency (CRA). This … Read more