Big tax changes are coming to Canada in 2025, impacting income taxes, retirement savings, and other financial elements that affect both individuals and businesses. The government’s proposed adjustments aim to
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Big tax changes are coming to Canada in 2025, impacting income taxes, retirement savings, and other financial elements that affect both individuals and businesses. The government’s proposed adjustments aim to
Continue readingThe Canada Pension Plan (CPP) has undergone a major shift in 2025, significantly affecting how current and future retirees receive benefits. These changes aim to increase retirement income security, especially for middle-income
Continue readingThe Canada Workers Benefit (CWB) is a vital initiative aimed at providing financial support to low-income workers across Canada. In April 2025, eligible workers will receive their Advanced Canada Workers
Continue readingIn April 2025, the Canadian government increased the Old Age Security (OAS) payments by $700 to offer additional financial support to seniors. This increase helps older Canadians cover their essential
Continue readingBig news for Canadian seniors: the federal government has increased monthly retirement benefits for 2025. Eligible retirees could now receive between $816 and $1,364 per month through enhanced Canada Pension Plan (CPP) and Old Age
Continue readingFor many families in Alberta, managing the rising cost of living can be challenging, especially when raising children. The Alberta Child & Family Benefit (ACFB) is a program designed to
Continue readingIn April 2025, the Canadian government announced an annual increase of $3,900 to the Old Age Security (OAS) benefits, encompassing the Guaranteed Income Supplement (GIS), Allowance, and Survivor’s Allowance. This
Continue readingCanadians relying on their Canada Pension Plan (CPP) have some exciting news coming this April 2025. A potential payment of up to $2,928 is scheduled, plus an additional one-time $825 bonus. With inflation continuing to strain household
Continue readingThe Canadian government is introducing a one-time rent relief payment in April 2025 to help low-income tenants cope with rising housing costs. This initiative, part of the Canada Housing Benefit
Continue readingRecent updates from the Canada Revenue Agency (CRA) have highlighted potential monthly payments of up to $3,800 for eligible Canada Pension Plan (CPP) and Old Age Security (OAS) recipients. This
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