Millions of Canadians facing rising cost-of-living pressures are set to receive a $250 one-time relief boost from the Canada Revenue Agency (CRA) in August 2025. This tax-free payment is designed to assist low- and middle-income households struggling with high inflation, rent, and daily expenses. In this article, we cover who qualifies, when the payment will be made, and how to ensure you receive it. What Is the CRA’s Continue reading
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CRA Confirms $179 GST/HST Credit – Check Your Eligibility And Payment Details Now
As Canadians continue to face rising expenses on basic needs, the Canada Revenue Agency (CRA) is providing targeted relief through the GST/HST credit, delivering up to $179 to qualified individuals. This tax-free quarterly benefit helps low- and moderate-income households offset costs related to goods and services tax (GST) or harmonized sales tax (HST) paid on essentials such as groceries and utilities. This article explains who qualifies, Continue reading
Canada Child Benefit Rises Again – See Your New August 2025 Payment
Starting August 2025, millions of Canadian families will receive higher monthly payments through the Canada Child Benefit (CCB), as the Canada Revenue Agency (CRA) adjusts benefit amounts to keep pace with inflation. With the rising cost of living, especially in areas like groceries, rent, and childcare, these updates are aimed at giving parents more financial support when they need it most. Whether you’re a Continue reading
3 CRA Red Flags That Could Trigger Trouble When Withdrawing RRSPs In Retirement
Retirement planning often centers on Registered Retirement Savings Plans (RRSPs)—a proven way to defer taxes until you retire. But today’s retirement landscape is changing. Many Canadians continue working part-time into their senior years due to rising costs. This shift has triggered three key CRA red flags that could drastically increase your taxes or spark penalties if RRSP Continue reading
Canada Grocery Rebate September 2025 – Payment Date Confirmed And Full Eligibility Breakdown
With grocery prices still rising across Canada, the federal government is offering continued support through the Canada Grocery Rebate, confirmed for September 2025. This rebate helps low- and modest-income households offset the growing cost of food, including essentials like milk, produce, and bread. The Canada Revenue Agency (CRA) has now confirmed the official payment date and eligibility details. This update is Continue reading