Retirees and near-retirees in Canada are in for a welcome financial update: starting August 2025, eligible members of the Canada Pension Plan (CPP) could receive up to $2,900 more per year in benefits. That breaks down to a $240 monthly increase, offering significant relief to those relying on CPP as a core part of their retirement income. But not Continue reading
CPP Contribution History
Canada’s Pension Just Got A Boost – New Payments Up To $1,433 Start Soon!
Great news is on the horizon for Canadian retirees! The Canada Pension Plan (CPP) is increasing its monthly retirement payments starting in 2025. The maximum benefit will now reach $1,433, a significant boost from previous levels. This change is aimed at helping seniors cope with inflation, rising living costs, and maintaining a comfortable standard of living throughout retirement. Continue reading