In 2025, Canada’s senior citizens are getting some important updates to their monthly retirement payments. The Government of Canada has made changes to the Canada Pension Plan (CPP) and Old Age Security (OAS) to help seniors deal with the rising cost of living. These changes are meant to give better financial help, especially as things Continue reading
CPP
Canada’s 2026 CPP Survivor Benefit Update- New Rates, Eligibility, And How To Apply
The Canada Pension Plan (CPP) Survivor Benefit is set to undergo a major revision in January 2026, with enhanced monthly payments, broader eligibility criteria, and streamlined application processes. These changes are part of the federal government’s ongoing CPP enhancement efforts to provide stronger financial support to the surviving spouses, common-law partners, and dependent children of deceased CPP contributors. As inflation rises and cost-of-living challenges intensify, the Continue reading
New Pension Reforms In Canada- Is 67 The New Retirement Age Instead of 65?
As Canada enters 2025, the conversation surrounding retirement age and pension withdrawal rules has taken center stage. With an aging population, growing financial pressure on pension systems, and longer life expectancy, policymakers are actively discussing raising the retirement age from 65 to 67 by 2030. This article explores what’s driving these proposals, the specific changes being considered, and how Canadians of all Continue reading
