Articles

  1. How Old Age Security Keeps Pace With InflationOld Age Security (OAS) is a monthly benefit designed to provide a basic income to many Canadians aged 65 and older. Its payment amount is not permanently…
  2. Your guide to the Canada Training Benefit: grants and leaveThe Canada Training Benefit helps eligible workers manage the cost and time involved in upgrading their skills. It is a federal support package built around…
  3. Set Up Direct Deposit for Canadian Government BenefitsDirect deposit is a convenient way to receive payments from the Canada Revenue Agency (CRA) and Service Canada. Instead of waiting for a cheque, eligible…
  4. Canada Caregiver Credit: Eligibility, Amounts, and Claiming RulesThe Canada caregiver credit is a federal non-refundable tax credit for people who support a family member with a physical or mental infirmity. It can reduce…
  5. How to Apply for the GST/HST Credit and Know Your Payment DatesThe GST/HST credit is a tax-free quarterly payment that helps individuals and families with low or modest incomes offset some of the goods and services tax or…
  6. What happens to CPP when you move abroadMoving outside Canada does not usually erase the Canada Pension Plan (CPP) contributions you made during your working years. If you qualify for a CPP…
  7. How Family Income And Child Count Shape The Canada Child BenefitThe Canada Child Benefit (CCB) is a tax-free monthly payment designed to help eligible families with the cost of raising children under 18. The amount is not…
  8. OAS Deferral: Should You Wait Until Age 70 for a Higher PaymentOld Age Security is a taxable monthly benefit available to many Canadians beginning at age 65. Unlike the Canada Pension Plan, OAS is based mainly on age and…
  9. Can You Work While Receiving CPP? The Earnings Test ExplainedMany Canadians continue working after starting their Canada Pension Plan retirement pension. Employment income does not automatically reduce or suspend regular…
  10. How spousal CPP sharing can affect your retirement incomeCanada Pension Plan (CPP) sharing allows eligible spouses or common-law partners to divide part of their CPP retirement income. The arrangement can create a…