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 the quarterly benefit, aimed at helping low- and modest-income individuals and families cope with rising living costs. This automatic tax-free Continue reading

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 as part of the federal government’s broader efforts to support low- and modest-income Canadians. In this detailed article, we’ll explain Continue reading

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 20, 2025, instead of the originally scheduled May 28. This unexpected change came as a proactive step to avoid disruptions Continue reading

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, sales tax, and property tax, and knowing when you’ll receive it can help with budgeting and financial planning. Here’s a Continue reading

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. That level had long been eyed as critical resistance, and the inability of bulls to drive and sustain a breakout Continue reading

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 further could put your benefit payments at risk, especially the Canada Child Benefit (CCB) and other essential credits. Unfiled Taxes Continue reading

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 that supports basic living expenses in retirement. Whether you’re already receiving benefits or preparing to apply, staying informed about the Continue reading

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, and families to understand what’s changing and what they may be entitled to. From a new average monthly pension of Continue reading

The Ontario Child Benefit is one of the most significant sources of financial assistance for low- to moderate-income families across the province. If you’re raising children under the age of 18, this monthly, tax-free benefit can help ease the burden of rising living costs. With the next Ontario Child Benefit payment scheduled for June 20, Continue reading

The Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit is a tax-free quarterly payment designed to assist individuals and families with low and modest incomes in offsetting the GST or HST they pay. The Canada Revenue Agency (CRA) has updated the income thresholds and payment amounts for the 2025 benefit year, based on the 2023 Continue reading