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
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CRA Confirms Canada Student Tax Credits 2025 – Tuition, Loan Interest & Moving Expenses Explained
Studying in Canada is a big dream for many, but the cost of tuition fees, student loans, and moving for education can be a heavy burden. The good news is that the Canada Revenue Agency (CRA) provides several student tax credits and deductions to help reduce these costs. For the 2025 tax year, students, recent 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
New CRA Payment Of $300 To Arrive In 2025 – Who Gets It And When To Expect On Your Account
The $300 CRA Federal Payment 2025 is a one-time financial support offered by the Canadian government to help people who are struggling with high living costs. This payment is designed to help with essential expenses like food, rent, electricity bills, and other daily needs. Many Canadians may find the rules and dates for this payment 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
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
Unlock Your $179 GST/HST Credit In August 2025 – Who Qualifies And How To Get It
The GST/HST Credit is a vital financial assistance program designed by the Canadian government to help low- and moderate-income Canadians offset the taxes they pay on everyday goods and services. For August 2025, the government will be providing a $179 credit payout to eligible individuals and families. This credit is part of the Goods and Continue reading
Ontario Minimum Wage Rises In October 2025 – See The New Rates
Starting October 1, 2025, workplaces across Ontario will see a rise in the minimum wage, designed to reflect cost-of-living changes and offer better support to low-income workers. The general hourly rate increases to $17.60, up from $17.20—a significant step for hourly earners and modern work categories like remote employees and outdoor guides. If you’re planning your budget, reviewing Continue reading
Canada To Roll Out Grocery Card Program In September 2025 – Check Eligibility Now
In a landmark move to fight food insecurity, the Canadian federal government has confirmed the launch of the Canada Grocery Card Program 2025. Starting September 15, 2025, this initiative will deliver monthly grocery support to low-income families, aiming to ease the strain caused by inflation and rising food prices. This program is more than a benefit—it’s a shift toward direct, flexible, and dignified assistance that allows Continue reading