As May 2025 approaches, eligible Ontario residents are preparing for the next installment of the Canada Trillium Benefit (CTB). This tax-free monthly payment supports low-to-moderate-income households by combining three key credits: the Ontario Energy and Property Tax Credit (OEPTC), the Northern Ontario Energy Credit (NOEC), and the Ontario Sales Tax Credit (OSTC). The Canada Revenue … Read more
Canadian seniors relying on retirement income could receive a Guaranteed Income Supplement (GIS) payment of up to $1,086.88 in May 2025. As living costs continue to rise, the GIS remains a vital support system for low-income pensioners across the country. But not everyone qualifies automatically—and missing a step could delay or stop your payment. This guide explains who qualifies, how much … Read more
The Canadian government has officially approved the Canada Disability Benefit, offering $2,400 per year to eligible individuals with disabilities. The aim is to improve quality of life and ease financial burdens associated with healthcare, living costs, and support services. Set to roll out from July 2025 to June 2026, this benefit is a critical step … Read more
The GST/HST Credit is a critical lifeline for many Canadians with low or moderate incomes, helping offset the burden of sales taxes on everyday goods and services. As of May 2025, a one-time relief payment will be added to the regular quarterly payments, bringing extra financial support to millions of households struggling with inflation and rising living costs. This article explores the updated credit amounts, eligibility criteria, payment … Read more
Millions of Canadians rely on monthly Canada Pension Plan (CPP) payments during retirement. In May 2025, qualified individuals may receive up to $2,385 in combined pension benefits, depending on eligibility and income. This amount includes CPP, Old Age Security (OAS), and the Guaranteed Income Supplement (GIS)—a vital financial support for seniors. This article breaks down who qualifies, how much you could … Read more
To ease the burden of rising living costs, the Canadian government has introduced a new Canada Family Benefit (CFB) for 2025, providing $445 monthly payments to eligible families with children under 18. This initiative enhances existing child support programs and plays a key role in reducing child poverty and supporting household affordability. Here’s everything you … Read more
Thousands of Canadian seniors could see a $1,999 Guaranteed Income Supplement (GIS) top-up payment arriving this month, but not everyone qualifies. This financial boost is part of the Canadian government’s commitment to support low-income seniors who receive the Old Age Security (OAS) pension but still struggle to meet their basic living expenses. While many await … Read more
In response to rising grocery prices and inflation, the Canadian government has introduced a one-time $628 Grocery Rebate for eligible low- and middle-income households. Administered by the Canada Revenue Agency (CRA), this rebate aims to provide financial relief to Canadians struggling with the increased cost of living. Payments commenced in April 2025 and continue into … Read more
As the cost of living continues to rise, the Canadian government has introduced the August 2025 Grocery Rebate to provide financial relief to eligible citizens. This one-time payment aims to assist low- and middle-income households in managing their grocery expenses. Here’s everything you need to know about the rebate, including eligibility criteria, payment amounts, and how to receive … Read more
In 2025, Canadian seniors have the opportunity to receive up to $2,500 per month by combining benefits from the Canada Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS). These enhancements aim to provide greater financial stability for retirees. This article outlines the details of each program, eligibility criteria, and strategies … Read more