CRA Confirms Increases In 5 Key Benefits For July 2025 – Check Amounts, Dates, And Eligibility
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% […]