Finance

The Canada Revenue Agency (CRA) continues to provide crucial financial support to Canadians through a series of government benefits. If you’re a senior, parent, low-income earner, or energy credit recipient, you could receive one or more CRA benefit checks in May and June 2025. Here’s a comprehensive guide to help you understand what benefits are Continue reading

If you’re a Canadian senior aged 65 or older, you may already be aware of the federal government’s Old Age Security (OAS) program — one of the cornerstones of Canada’s retirement income system. Whether you’re currently receiving OAS or approaching retirement age, staying informed about the latest payment schedules and eligibility rules is crucial. For Continue reading

With the rising cost of living, many Canadians are seeking relief from inflationary pressures, particularly in the grocery aisle. In 2025, discussions about a potential $628 grocery rebate have captured national attention. Here’s a detailed breakdown of what this rebate entails, eligibility criteria, and whether Canadians can expect such financial support this year. What is Continue reading

The Canadian housing market has always been a dynamic landscape, and in 2025, homeowners and prospective buyers are grappling with a fresh wave of rising fixed mortgage rates. This shift, driven by a mix of economic pressures and global influences, has sparked widespread discussion about affordability and financial planning. Drawing from insights in a recent Continue reading

The Canada Revenue Agency (CRA) offers a range of free grants and benefits to support Canadians across various life stages and financial situations. These programs are designed to provide financial assistance without any repayment obligations. Below is a comprehensive guide to the major benefits available in 2025, including eligibility criteria, application procedures, and payment schedules. Continue reading

In early 2025, a viral claim began circulating on social media and through various online platforms, stating that the Canada Revenue Agency (CRA) would be issuing a $928 one-time payment to eligible Canadians. The claim suggests this payment would be non-taxable, automatic, and based on 2024 income. Many posts assert that individuals earning less than Continue reading

In welcome news for Canadian retirees, significant updates to the country’s key senior support programs — Old Age Security (OAS), Guaranteed Income Supplement (GIS), and the Canada Pension Plan (CPP) — have officially been rolled out for May 2025. These adjustments aim to provide stronger financial protection against rising living costs and inflation, ensuring that Continue reading

As summer approaches, many Canadians are set to receive a fresh round of financial support from the Canada Revenue Agency (CRA). Whether you’re a parent, senior, low-income resident, or person with a disability, June 2025 brings several important benefit payments that can help offset the rising cost of living. In this comprehensive guide, we’ll break Continue reading