In 2025 with grocery prices at historic highs, a rumor about a \$978 grocery rebate from the Canada Revenue Agency (CRA) has quickly gained traction across social media and online forums. While many Canadians are hopeful for another round of federal grocery relief, no such payment has been officially confirmed. However, the strong public reaction … Read more
Canadian families are set to receive a welcome financial boost this August as the Canada Child Benefit (CCB) sees its annual inflation adjustment. Parents of children under six could receive more than \$660 per child, while those with children aged six to 17 will see payments exceeding \$562 per child. The August 2025 payment arrives … Read more
In 2025, the concept of retirement in Canada is facing fresh debate. While the official retirement age remains at 65, new discussions in Ottawa suggest that significant shifts could be coming—possibly altering when Canadians stop working, how much they contribute to pensions, and what they can collect from the Canada Pension Plan (CPP) and Old … Read more
Canadian retirees are getting a financial boost in 2025 as the Canada Pension Plan (CPP) rolls out its latest payment increases. Starting in January 2025, eligible seniors will see their monthly benefits rise, with maximum payments reaching \$1,364.60—a move designed to help offset the rising cost of living. The upgrade isn’t just about bigger cheques—it’s … Read more
Canadians living with severe and prolonged disabilities will see important changes to the Disability Tax Credit (DTC) in 2025. The Canada Revenue Agency (CRA) has updated refund values, applied inflation adjustments, and strengthened the program’s role as a gateway to other disability benefits. For eligible individuals and families, the DTC can mean thousands of dollars … Read more
Canadian families may soon see one of the most significant boosts to the Canada Child Benefit (CCB) in recent years, thanks to a proposed \$1,200 annual top-up per child. If approved, the new measure would take effect starting July 2025, offering vital relief to households navigating high inflation, steep housing costs, rising food prices, and … Read more
Canadian households struggling with high fuel costs, heating bills, and general living expenses are set to receive a welcome boost this fall. The Canada Climate Action Incentive Rebate (CAIP)—a quarterly, tax-free payment—will deliver up to \$500 per adult in October 2025, with extra amounts for spouses and children. This payment is part of the federal … Read more
For students across Canada, the cost of higher education has been climbing year after year. Tuition fees, textbooks, housing, and transportation costs are putting greater financial pressure on young people pursuing their academic dreams. But in 2025, the federal government is making a significant move to help. The Canada Student Grant Increase 2025 is designed … Read more