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Category: Finance

Is OAS Going Up in 2025 What Canadian Seniors Need to Know Now

Is OAS Going Up in 2025? What Canadian Seniors Need to Know Now

On May 25, 2025 By Emily Houston In Finance

Seniors across Canada who rely on the Old Age Security (OAS) program can expect a small but welcome OAS increase in 2025, beginning this summer. The Government of Canada has officially announced that OAS benefits …

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USD/CAD Rebounds as Canadian Dollar Weakens Ahead of Monthly Low

On May 25, 2025 By Emily Houston In Finance

USD/CAD has staged a modest recovery, bouncing from just above the monthly low of 1.3751. However, the pair remains under pressure below its 50-day Simple Moving Average (currently around 1.4033), suggesting that bearish sentiment still …

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CRA to Increase GST/HST Credit Amount 2025 in July: Full Breakdown of Payment Dates, Eligibility, and New Rates

On May 24, 2025 By Emily Houston In Finance

Starting in July 2025, millions of Canadians will see more money in their pockets thanks to an increase in the GST/HST Credit amount 2025. The Canada Revenue Agency (CRA) has confirmed a 2.7% increase in …

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CRA One-Time Payment Coming in Spring 2025: Who Qualifies for the $250 Boost & When It Arrives?

On May 24, 2025 By Emily Houston In Finance

The CRA one-time payment 2025 is a welcome relief for many Canadians feeling the ongoing pinch of rising costs. This spring, the Canada Revenue Agency (CRA) will issue a one-time $250 payment to eligible individuals …

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Group of these Canadian Retirees Got Early CPP Payment Cheques in May 2025

On May 24, 2025 By Emily Houston In Finance

In a rare move, Canadian seniors, veterans, and individuals with disabilities received an early financial boost this May as the federal government advanced Canada Pension Plan (CPP) and Old Age Security (OAS) payments to May …

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CRA Trillium Payment Coming in June 2025: Your Complete Guide to Amounts, Eligibility & When to Expect Your Money

On May 24, 2025 By Emily Houston In Finance

If you’re receiving the Ontario Trillium Benefit (OTB) or plan to apply in 2025, staying on top of the Trillium payment dates is essential. This tax-free monthly benefit is designed to help with energy costs, …

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Canadian Dollar Strengthens as USD/CAD Retreats After 1.4000 Rejection

On May 24, 2025 By Emily Houston In Finance

The USD/CAD currency pair has become a key focal point in the broader trend of U.S. Dollar weakness. This week, the pair resumed its slide after failing to maintain levels above the 1.4000 psychological barrier. …

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Late Tax Filers Risk Losing Canada Child Benefit and Other Rebates Here’s Why

On May 24, 2025 By Emily Houston In Finance

Tax season may be officially over in Canada, but if you haven’t yet filed your return, the Canada Revenue Agency (CRA) says there’s still time — and good reason — to do so. Delaying any …

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May 2025 Old Age Security Payment: Everything Canadian Seniors Need to Know About This Month’s OAS, GIS & Allowance Payouts

On May 23, 2025 By Emily Houston In Finance

The May 2025 Old Age Security deposit is right around the corner, and for millions of Canadian seniors, this payment is more than just a financial formality — it’s a critical source of monthly income …

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New $1,433 CPP Payments Coming on May 28, 2025: Full Breakdown for Retirees and Families

On May 23, 2025 By Emily Houston In Finance

Canada’s retirement landscape is evolving in 2025, and the Canada Pension Plan (CPP) remains at the center of that shift. With higher payments and more generous survivor and death benefits, it’s essential for retirees, widows, …

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