Periodically updated to keep pace with inflation, the benefit ensures seniors remain financially independent while managing rising food, health, and living costs. To most Canadians aged 65 and older, the Old Age Security (OAS) pension is more than a mere allowance — it’s a security blanket that guarantees dignity and peace of mind in retirement. … Read more
In 2025 Canadian families are still battling the high cost of food, even as overall inflation slows. Grocery prices remain more than 25% higher than pre-pandemic levels, leaving households with significantly larger bills for essentials like bread, milk, meat, and produce. To address this growing strain, major supermarkets across Canada have introduced a grocery price … Read more
As November 2025 approaches, social media has erupted with talk of a “CRA Double Payment” — a supposed windfall where Canadians will get two deposits from the Canada Revenue Agency (CRA) in the same month. Posts on TikTok, YouTube, and Facebook claim that a special government payout or bonus is on the way, sparking excitement … Read more
The $200 Monthly Support under the Canada Disability Tax Credit (DTC) remains one of the most important financial lifelines for Canadians living with disabilities in 2025. With rising living costs, this non-taxable monthly benefit offers much-needed relief to individuals and families struggling to manage medical expenses, adaptive equipment, and daily household costs. The program, administered … Read more
The Canada Revenue Agency (CRA) runs several programs to ease the financial pressure of rising living costs for Canadians. In September 2025, the government introduced a $680 CRA one-time payment aimed at supporting lower- and middle-income families. Unlike ongoing CRA benefits, this is a separate initiative to provide direct relief at a time when many … Read more
The Government of Canada has officially confirmed a $250 one-time relief payment to be issued in September 2025, aimed at helping households cope with the rising cost of living. With food prices climbing, rent increasing, and utility bills surging, this extra support will give millions of Canadians a much-needed financial cushion. Administered by the Canada … Read more
The Canada Child Benefit (CCB) is one of the most important financial assistance programs offered by the Government of Canada to help families raise children. It is a tax-free monthly payment managed by the Canada Revenue Agency (CRA). Families rely on this benefit to cover essential costs like food, clothing, education, and other needs. The … Read more
With the cost of living continuing to rise across Canada, retirees are increasingly anxious about their pension income. Recent discussions surrounding the $1,433 Canada Pension Plan (CPP) have created both hope and confusion among seniors. Many are wondering if this figure represents a new benefit amount, a one-time payment, or simply the maximum monthly pension … Read more
Social media has been flooded with claims that every Canadian will soon receive a $1,306 payment this October. The posts, often shared thousands of times, suggest that the Government of Canada is set to issue a large, one-time “cost of living” payout to all citizens. Understandably, the idea of a quick financial boost during a … Read more
For decades, turning 65 has been the milestone for Canadian seniors to begin receiving Old Age Security (OAS) and often Canada Pension Plan (CPP) payments. But recent speculation suggests this tradition may soon change. Rumours have circulated that by the end of 2025, the official retirement age could rise to 67, delaying benefits for millions. … Read more