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Category: Finance

Canadian Seniors Can Get Up to $3,247Month in May 2025

New OAS, GIS, CPP Rates Announced: How Canadian Seniors Can Get Up to $3,247/Month in May 2025

On May 20, 2025 By Emily Houston In Finance

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 …

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CRA Benefits Coming in June 2025: Full List of Payments, Eligibility, Dates & Maximum Payouts for Canadians

On May 20, 2025 By Emily Houston In Finance

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 …

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Fact Check: Is the $250 Working Canadian Rebate Coming in Spring 2025? What You Need to Know

On May 18, 2025 By Emily Houston In Finance

In a move to support Canadians amid rising living costs, the federal government has introduced the $250 Working Canadian Rebate, set to be distributed in early spring 2025. This one-time, tax-free payment aims to provide …

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Canada Child Benefit Set to Increase by 2.7% in July 2025: Amount, Eligibility & Payment Dates

On May 17, 2025 By Emily Houston In Finance

Starting July 2025, the Canada Child Benefit (CCB) will see a 2.7% increase, providing additional financial support to families raising children under 18. This adjustment aligns with the federal government’s annual indexation to the Consumer …

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Is there Any Extra GST/HST Payment Coming in 2025: What Canadians Need to Know

On May 16, 2025 By Emily Houston In Finance

As of now, there is no officially confirmed “Extra GST/HST Payment” scheduled for 2025. The Canada Revenue Agency (CRA) continues to provide the regular GST/HST credit, a tax-free quarterly payment designed to assist individuals and …

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GAINS Payment Coming in May 2025: Who’s Eligible, How Much You’ll Get, and When It Arrives

On May 16, 2025 By Emily Houston In Finance

If you’re a senior living in Ontario, your GAINS Ontario May 2025 payment may offer a much-needed financial boost. The Guaranteed Annual Income System (GAINS) is a provincial benefit designed to top up the federal …

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Canada 2025 Middle-Class Tax Cut Explained: How the 1% Drop Will Boost Your Paycheque Starting This July

On May 15, 2025 By Emily Houston In Finance

Canadians are about to see a noticeable bump in their take-home pay beginning July 1, 2025, thanks to a new federal tax cut aimed squarely at the middle class. The Government of Canada, under newly …

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Apple Siri Eavesdropping Class Action Settlement: How to Claim Up to $20 Per Device in the $95 Million Payout

On May 14, 2025 By Emily Houston In Finance

Understanding the $95M Apple Siri Settlement and What It Means for Device Owners Apple Inc. has agreed to a $95 million class action settlement to resolve allegations that its Siri digital assistant unintentionally recorded private …

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Social Security Payments of Up to $2,000 Arriving Wednesday: Who Qualifies and What to Expect in May 2025

On May 12, 2025 By Emily Houston In Finance

Social Security Administration Announces Third Round of May Payments Some Social Security recipients can expect to receive a check of nearly $2,000 on Wednesday, May 14, as part of the monthly distribution schedule by the …

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What is the Expected Payout for BCBS Settlement 2025: $2.67 Billion Blue Cross Blue Shield Antitrust Lawsuit

On May 12, 2025 By Emily Houston In Finance

After more than a decade of legal battles, millions of Blue Cross Blue Shield subscribers are finally set to receive payouts from a $2.67 billion settlement. The long-awaited disbursement follows the resolution of a 2013 …

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  • Canadian Workers Eligible for Up to $600 from CRA Benefit This July
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  • Working Past 65? What You Need to Know About CPP, OAS, and Tax Planning

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