Articles

  1. How Canada’s old age security clawback threshold changes each yearCanada’s Old Age Security clawback threshold is the income level at which part of an OAS payment must be repaid. More precisely, the recovery applies to the…
  2. How part-time work changes GIS paymentsGIS (Guaranteed Income Supplement) is a Canadian income-tested payment for older adults who receive Old Age Security (OAS) or a qualifying provincial pension.…
  3. Ontario Guaranteed Annual Income System for People with DisabilitiesThe Ontario Guaranteed Annual Income System, usually called GAIS, is provincial income support for eligible Ontario residents with disabilities who have low…
  4. How To Change Direct Deposit Details For Federal BenefitsUpdating bank details can prevent missed or delayed payments when you move, switch accounts, or close an old account. For Canadians receiving CPP, OAS, GIS,…
  5. How a New Budget Savings Vehicle Could Affect Low-Income SeniorsA federal budget savings vehicle can sound like an immediate boost for older people, but its real value depends on the account rules, tax treatment and…
  6. Claiming the Children’s Fitness Amount With the Canada Child BenefitAustralian readers may encounter older Canadian tax guides that mention the Children’s Fitness Amount alongside the Canada Child Benefit (CCB). These were…
  7. How New Brunswick Seniors Receive Low-Income Benefit PaymentsNew Brunswick’s Low-Income Seniors Benefit is designed to provide extra provincial support to older residents with limited income. It sits alongside federal…
  8. Planning for lower GIS when a private pension startsA private pension can improve monthly cash flow while reducing the Guaranteed Income Supplement (GIS). This is because GIS is income-tested, so the pension…
  9. How Quebec’s Senior Assistance Credit Works with OASCanada’s federal Old Age Security (OAS) pension and Quebec’s senior assistance tax credit belong to different levels of government. OAS is a monthly federal…
  10. Resolving a Service Canada Dispute About CPP Earnings RecordsA missing year, an unexpectedly low contribution amount, or an incorrect employer entry can reduce your Canada Pension Plan (CPP) estimate. These records…