The recent prorogation of Parliament has led to significant uncertainty surrounding the proposed increase in the capital gains tax inclusion rate. Initially slated to take effect on June 25,…
The confirmation of the $1,600 CPP bonus payment for January 2025 has sparked widespread interest among Canadians. Many are eager to learn about eligibility and the steps needed to…
Canadian Western Bank (CWB) has announced the immediate termination of its Dividend Reinvestment Plan (DRIP) in light of its forthcoming acquisition by the National Bank of Canada (NBC). This…
Canada Pension Plan (CPP) payments are set to rise by 2.6% in 2025, marking a significant decrease compared to the 4.4% increase seen last year. This slower growth, while…
In 2025, Canadian seniors are set to receive significant enhancements to their retirement incomes through the Old Age Security (OAS) program and the Canada Pension Plan (CPP). These updates…
In January 2025, eligible Canadians will benefit from a one-time $1,660 extra payment from the Canada Pension Plan (CPP). This initiative, designed to offset rising living costs, aims to…
For Canadians relying on the Canada Pension Plan (CPP) and Old Age Security (OAS), January 2025 offers promising financial support. Eligible low-income seniors are slated to receive up to…
The Canada Revenue Agency (CRA) is set to issue a one-time payment of up to $1,660 to qualified recipients of the Canada Pension Plan (CPP) in January 2025. This…
The Canadian government is dedicated to improving the quality of life for seniors, especially those with limited financial resources. In 2024, eligible seniors could receive an additional $1,518 annually,…
The Canadian government is introducing significant tax reforms for 2025, impacting individuals and businesses alike. These changes, which range from higher savings limits to enhanced pension plans, aim to…
