After nearly a decade at the helm, Justin Trudeau, the 53-year-old Canadian Prime Minister, has announced his resignation as the leader of the Liberal Party. Trudeau’s decision comes amidst…
Canadian seniors heavily rely on the Old Age Security (OAS) program to support their financial needs during retirement. Speculations about a $1,790 + Extra $943 OAS Benefits Per Month…
Starting January 2025, the Canada Revenue Agency (CRA) will introduce an updated Canada Pension Plan (CPP) benefit, featuring a new maximum monthly payment of $2,166 for eligible retirees. This…
The Ontario Child Benefit (OCB) is a critical financial assistance program designed to support low-income families in Ontario. Administered by the Canada Revenue Agency (CRA), the OCB provides up…
As 2025 begins, discussions around a $2200 one-time payment by Service Canada are gaining traction among senior citizens eagerly awaiting announcements from the Canada Revenue Agency (CRA). These payments,…
The Canadian government’s recent proposal to modify the capital gains tax has introduced a period of uncertainty for taxpayers. Despite the prorogation of Parliament, which has stalled the legislative…
As we usher in 2025, Canadian retirees can anticipate significant changes to the Canada Pension Plan (CPP) and Old Age Security (OAS) programs. These adjustments aim to enhance financial…
Planning for retirement often comes with a host of questions about government support programs, such as Old Age Security (OAS). Key inquiries include: Do you need to apply for…
The political landscape in Canada underwent a seismic shift as Prime Minister Justin Trudeau announced his resignation as leader of the Liberal Party, ending a nine-year tenure. His departure…
Attention Canadian taxpayers! On January 3rd, the Canada Revenue Agency (CRA) will release the year’s first GST/HST credit payment. This initiative is aimed at helping individuals and families with…
