As April 2025 approaches, many Canadian seniors are anticipating the upcoming combined Canada Pension Plan (CPP) and Old Age Security (OAS) payments, which could reach up to $3,500 monthly. This comprehensive guide will cover the essential details about these benefits, including eligibility requirements, payment amounts, application procedures, and strategies to maximize your retirement income. Overview … Read more
The GST/HST Credit provides financial relief to Canadians by helping offset the sales taxes (GST and HST) they pay on everyday goods and services. If you’re eligible, a payment could be on its way to you this week, courtesy of the Canada Revenue Agency (CRA). Starting in early April, these payments offer a financial break … Read more
In 2025, Canada’s Old Age Security (OAS) pension is expected to see a significant one-time increase of $2,350. This boost aims to help seniors facing rising living costs, such as healthcare, housing, and daily essentials. While the official confirmation is yet to be issued, this payment will be a welcome relief for many Canadian seniors. … Read more
