The Canada Revenue Agency (CRA) has officially announced the details for the 2025 GST/HST Credit, a vital tax-free benefit aimed at helping low- and middle-income households manage the rising cost of living. This quarterly credit provides much-needed relief for millions of Canadians, with automatic eligibility checks once you file your annual income tax return. No separate application is Continue reading
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$500 Canada Housing Benefit 2025 – Who Qualifies And When Payments Arrive
In July 2025, the Canadian government confirmed the continuation of the $500 Housing Benefit, designed to provide a critical, one-time payment to low-income renters burdened by rising rent costs. Managed by the Canada Revenue Agency (CRA), this temporary support is an integral part of Canada’s strategy to improve housing affordability in major cities where rent remains exceptionally high. What Is the $500 Housing Continue reading
Canada’s $1,800 CCB Bonus Arrives In October 2025 – Eligibility Rules & Payment Schedule Revealed
Canadian families are poised to receive a significant financial boost this fall: a one-time $1,800 bonus added to the Canada Child Benefit (CCB) in October 2025. This initiative comes at a critical time as rising inflation and childcare costs squeeze household budgets. Administered through the Canada Revenue Agency (CRA), the bonus is automatically issued—no extra application is needed for eligible families. Continue reading
$4,000 CPP & OAS Bonus In 2025 – Find Out If You Qualify For This Major Payout
Good news for Canadian seniors: Canada Pension Plan (CPP) and Old Age Security (OAS) are both increasing in 2025—not via a one-time bonus, but through enhanced monthly payments, which together could add up to approximately $4,000 extra per year for qualifying retirees. These enhancements are designed to offer better financial stability amid ongoing living cost pressures. What’s Changing in 2025? The CPP maximum monthly Continue reading
No More Retiring At 65 – New OAS & CPP Age Rules Set To Transform Retirement In Canada
In Canada, the traditional milestone at age 65—when Old Age Security (OAS) and the Canada Pension Plan (CPP) typically begin—no longer guarantees a comfortable retirement. With people living longer, government incentives for delaying benefits, and rising living costs, the decision on when to retire is becoming more flexible. The age of 65 is no longer the automatic choice for Continue reading
$1,860 OAS Payment In August 2025 – See Who Qualifies And When You’ll Get Paid
Rumors of a $1,860 Old Age Security (OAS) payment hitting Canadian seniors’ bank accounts in August 2025 have sparked excitement — and confusion. While it’s true that OAS payments are increasing this year, the widely shared $1,860 figure doesn’t reflect a single OAS deposit. Instead, it appears to combine multiple retirement benefits, such as OAS, the Canada Continue reading
CRA’s $566 Canada Workers Benefit Advance – Extra Support For Low-Income Workers This Year
The Canada Workers Benefit (CWB) is gaining renewed attention in 2025 thanks to a one-time advance payment of up to $566, issued this May. The CWB is a refundable tax credit designed to support low-income workers, helping them meet essential costs like rent, groceries, and utilities. Whether you’re single, supporting a family, or living with a disability, this boost offers much-needed Continue reading
Seniors To Receive $969 Monthly OAS Payments – Eligibility, Payment Dates & How To Claim
Canadian seniors are closely watching a potential rise in Old Age Security (OAS) to $969 per month in 2025. Thanks to cost-of-living adjustments (COLA) and strategic payment deferrals, those who delay claiming their pension can significantly boost their monthly income. Understanding how OAS works, eligibility rules, deferral options, and the claim process empowers retirees to make informed decisions that maximize their financial security. What Is Old Continue reading
Your $496 GST/HST Credit Is On The Way – CRA Confirms 2025 Payment Dates
The GST/HST Credit is a tax-free benefit designed to help low- and middle-income Canadians manage the rising cost of living. For 2025, eligible individuals can receive up to $496 annually, paid in four equal instalments throughout the year. This credit helps offset the impact of the Goods and Services Tax (GST) or Harmonized Sales Tax (HST), offering much-needed relief at a Continue reading
Ontario Minimum Wage Rises To $23.86 Per Hour In 2025 – Key Changes Every Worker Should Know
Starting October 1, 2025, Ontario’s minimum wage will rise from $17.20 to $17.60 per hour, a 2.4% increase aimed at helping workers cope with rising living costs. This annual adjustment, tied to the Consumer Price Index (CPI), ensures wages keep pace with inflation. The change will benefit thousands of full-time, part-time, and seasonal workers across the province, while also impacting businesses in Continue reading