If you’re a student aged 18 to 24 in Canada, there’s good news on the horizon. In 2025, the Canada Pension Plan (CPP) continues to offer monthly financial support of $301.77 to eligible full-time students whose parents are either disabled or deceased and contributed to CPP. This benefit can help ease the financial stress of tuition, books, and living … Read more
As Canadians approach April 2025, the government is set to roll out several key benefit payments. These payments, managed by the Canada Revenue Agency (CRA) and Service Canada, will provide essential financial relief for individuals and families. From support for families with children to pensioners, the benefits will assist Canadians in navigating the rising cost … Read more
Alberta’s economic vitality has significantly bolstered Canada’s retirement funding, particularly through the Canada Pension Plan (CPP). Between 1981 and 2022, Alberta’s contributions to the CPP have substantially exceeded the benefits received by its retirees, highlighting the province’s pivotal role in sustaining Canada’s retirement infrastructure. Alberta’s Net Contribution to the CPP From 1981 to 2022, Alberta workers contributed … Read more
The Canada Pension Plan (CPP) is a vital financial support program for seniors and those facing financial challenges. As inflation continues to affect everyday expenses, the CPP benefits offer significant relief to eligible Canadians. This article outlines the upcoming CPP April 2025 Payment, providing crucial information about the payment dates, eligibility requirements, and how to … Read more
Great news is coming for Canadian seniors in 2025. If you’re 65 or older, you may be eligible for the Old Age Security (OAS) pension, and the quarterly total for some recipients will reach up to $2,120. These payments provide critical monthly financial assistance to retirees, helping offset the cost of living and supporting long-term retirement stability. … Read more
As of March 2025, Canadian retirees who are receiving Canada Pension Plan (CPP) and Old Age Security (OAS) benefits will experience changes aimed at ensuring their financial stability. These adjustments are crucial for retirees to cope with inflation and maximize their pension income. Whether you’re already receiving benefits or planning your retirement, staying informed about … Read more
As the cost of living continues to rise, many Canadians are feeling the financial strain, particularly when it comes to affording groceries. To alleviate this burden, the Canadian government has introduced the 2025 Grocery Rebate, a financial relief measure aimed at supporting eligible individuals and families. This article provides a comprehensive overview of the rebate, including … Read more
Recent discussions have emerged regarding a potential $3,200 pension boost from the Canada Revenue Agency (CRA) in April 2025. This article aims to clarify the details surrounding this topic, including eligibility criteria, payment schedules, and the accuracy of these claims. Clarifying the $3,200 Pension Boost As of now, there is no official confirmation from the … Read more
The Canada Revenue Agency (CRA) recently announced an important update for taxpayers regarding capital gains tax filing deadlines. To provide relief and ensure compliance, the CRA has granted an additional month for taxpayers to report capital gains on their annual tax returns. This article covers everything you need to know about the new deadlines, updated rules, and … Read more
Canadian seniors aged 65 and above can look forward to their Old Age Security (OAS) payments scheduled for deposit on Thursday, March 27, 2025. These monthly payments provide crucial financial support during retirement. Understanding Old Age Security (OAS) OAS is a government-funded pension program designed to assist seniors with their living expenses. Unlike the Canada Pension Plan … Read more