Canadian retirees are buzzing with questions about the \$1,360 Canada Pension Plan (CPP) direct deposit scheduled for August 27, 2025. Unlike the regular monthly pension, this specific amount is linked to cost-of-living adjustments (COLA) and retroactive corrections carried out by the Canada Revenue Agency (CRA) and Service Canada. For many seniors, the appearance of a … Read more
As 2025 unfolds, Canadian households grappling with higher grocery bills, heating costs, and rising energy expenses are set to see some relief. The federal government has confirmed an enhanced Canada Carbon Rebate, formerly known as the Climate Action Incentive Payment (CAIP). This upgraded program not only provides larger quarterly payments but also simplifies how Canadians … Read more
As Canadian households continue to navigate the high costs of groceries, rent, and fuel, the federal government is stepping in with expanded support for workers. Beginning July 2025, the Canada Workers Benefit (CWB) is being boosted with higher payment amounts, inflation-adjusted income thresholds, and specific provincial enhancements. For many low- and modest-income workers, this program … Read more