Ontario residents are in for a welcome surprise this August. The Canada Revenue Agency (CRA) has approved three enhanced benefit payments that aim to relieve the financial pressure of rising living costs. These benefits include a boosted Canada Child Benefit (CCB), an upgraded Ontario Trillium Benefit (OTB), and increased support for seniors through Canada Pension Plan (CPP) and Old Age Security (OAS). If you’re […]
As the cost of living in Canada continues to rise, many individuals and families are feeling the financial strain. In response, the Canada Revenue Agency (CRA) has introduced a powerful new initiative—the CRA $3,900 Monthly Payment Program—aimed at supporting low- and moderate-income Canadians with regular monthly assistance. This guide explains who qualifies, how much you can receive, and how to apply for this much-needed support. […]
As food prices continue to strain household budgets, the Canada Revenue Agency (CRA) has officially confirmed the $234 Grocery Rebate for August 2025. This one-time, tax-free payment is part of the government’s ongoing commitment to assist low- and modest-income Canadians coping with rising grocery bills. Set to be distributed in mid-August, this benefit will provide direct financial relief to millions of eligible recipients across […]
The Canada Revenue Agency (CRA) is set to distribute the next installment of the GST/HST credit in August 2025, with eligible low- and moderate-income Canadians receiving up to $179. This tax-free quarterly benefit helps offset the Goods and Services Tax (GST) or Harmonized Sales Tax (HST) paid on everyday purchases. If you live in Canada […]
The Canada Revenue Agency (CRA) has officially announced that eligible households across select provinces will start receiving a $500 Climate Action Incentive (CAI) rebate beginning October 15, 2025. This tax-free quarterly payment is a crucial part of Canada’s climate plan, designed to offset the financial impact of carbon pricing—especially for families managing higher fuel and […]
In a move to ease the financial burden on low-income Canadians, especially seniors, the Canada Revenue Agency (CRA) will issue a $250 tax-free relief payment in August 2025. This one-time support comes as a response to the continued rise in inflation, with costs of groceries, utilities, and healthcare steadily increasing across the country. Designed to offer immediate assistance to vulnerable individuals, this relief boost will be […]
As energy prices continue to climb, Canadians are getting financial relief through the Canada Carbon Rebate (CCR)—a tax-free quarterly payment issued by the Canada Revenue Agency (CRA). Formerly known as the Climate Action Incentive Payment (CAIP), this benefit helps cover the rising costs of fuel, heating, and other energy-related expenses caused by federal carbon pricing. […]
The Canada Revenue Agency (CRA) has officially confirmed that eligible Ontario residents will receive a minimum of $360 tax-free through the Ontario Trillium Benefit (OTB) this year. This financial assistance is designed to help individuals and families handle the burden of increasing living expenses such as energy costs, housing, and sales tax. What Is the Ontario Trillium Benefit? The Ontario Trillium Benefit is a […]
The Canada Revenue Agency (CRA) has officially confirmed that eligible Canadians could receive up to $1,238.99 in July 2025 as an advance payment through the Canada Workers Benefit (CWB). This refundable tax credit supports low‑income workers, and advanced payments make cash flow more manageable throughout the year. Find out eligibility, amounts, payment schedule, and how […]
As cost-of-living pressures continue to affect Canadians, the Canada Revenue Agency (CRA) has increased five essential federal benefits starting in July 2025. These changes aim to help families, seniors, workers, and individuals with disabilities cope with rising prices and economic uncertainty. The increases are largely driven by annual inflation adjustments and a reduction in the lowest federal income tax rate from 15% to 14% […]
