If you’ve seen news of a $2,900 Canada Pension Plan (CPP) boost, you’re not alone—but the truth is more nuanced. While the CPP itself hasn’t suddenly increased by $2,900, the combined value of federal retirement benefits—including CPP, Old Age Security (OAS), and the Guaranteed Income Supplement (GIS)—can total up to $2,900 per month for certain retirees in 2025. Here’s a breakdown […]
Canada has officially released the Old Age Security (OAS) payment schedule for October 2025, reaffirming its dedication to supporting seniors aged 65 and above. This monthly benefit remains a cornerstone of retirement income, offering predictable deposit dates, inflation-adjusted payments, and clear eligibility criteria. Whether you’re already a beneficiary or nearing eligibility, this comprehensive guide will […]
In a time when paying tax on goods and services is unavoidable, Canadians are getting a welcome break. The GST/HST Credit offers eligible individuals and families up to $1,000 in tax-free payments annually, providing relief from the cost of everyday essentials. Whether you’re a student, senior, or low-income household, this benefit could significantly ease your financial stress—without the […]
