As Canada’s June 2025 approaches, many seniors are anticipating the arrival of a $2,455 Old Age Security (OAS) deposit. This isn’t a standard monthly payment but a one-time deposit resulting from retroactive OAS or Guaranteed Income Supplement (GIS) payments. This article breaks down how the OAS program works, what leads to larger deposits, and how … Read more
Starting July 2025, thousands of Canadian families and workers will receive a $615 quarterly payment as part of the newly revamped Canada Workers Benefit (CWB) program. This refundable tax credit is designed to support low-income individuals and families by delivering financial aid more frequently, directly addressing economic challenges as they arise throughout the year. Let’s explore the details of this financial boost, including eligibility requirements, … Read more
The Canada GST Credit is an essential financial assistance program aimed at providing relief to eligible low- and moderate-income Canadians. With the Canada GST Credit coming next week, many Canadians are eager to know how they can claim this benefit and whether they qualify. This article will guide you through who can claim the GST Credit, the payment schedule, and how to apply, … Read more
As the cost of living continues to challenge Canadian households, government benefits remain a critical source of support. From the Canada Child Benefit (CCB) to Old Age Security (OAS) and GST/HST Credit, knowing the payment dates and how to apply is essential for millions. This guide outlines the key benefit cheques arriving in June and July 2025, eligibility details, and how to ensure you receive your payments. … Read more
The Canada Revenue Agency (CRA) has officially announced the GST/HST Credit 2025 details, confirming a maximum annual benefit of $496 for eligible individuals. This tax-free quarterly payment helps low and modest-income Canadians offset the Goods and Services Tax (GST) or Harmonized Sales Tax (HST) they pay throughout the year. With rising living costs across the … Read more
As part of the ongoing support for seniors across Canada, the Canada Revenue Agency (CRA) is rolling out a significant financial boost for eligible individuals. The much-discussed $2,700 payment for seniors aims to ease the financial burden faced by older Canadians. But with so much information floating around, it’s essential to understand the facts. In this article, … Read more
For Canadian seniors, Old Age Security (OAS) is a vital income support program. With the June 2025 payments just around the corner, Canadian seniors who are 65 years and older could receive up to $800 depending on their age. This article provides the latest details on the upcoming June Old Age Security payment, eligibility criteria, … Read more
There’s been a lot of buzz lately about a $3,500 Old Age Security (OAS) payment heading to seniors in Canada—but here’s the truth: as of June 2025, no one-time $3,500 cheque has been confirmed. What is real is that some seniors can receive around $3,500 per month when combining three government programs: OAS, Guaranteed Income Supplement (GIS), and Canada Pension Plan (CPP). This article clarifies what’s genuine, who qualifies, how … Read more
The Canada Pension Plan (CPP) is seeing a significant increase in monthly payments for seniors, with a new maximum of $1,560 per month starting in 2025. This move is part of Canada’s long-term retirement enhancement strategy to protect older Canadians from the growing cost of living. Let’s break down who qualifies, when the payments will … Read more
Canada’s Canada Pension Plan (CPP) and Old Age Security (OAS) are vital for seniors’ financial security during retirement. In 2025, eligible seniors can receive up to $1,700 per month in benefits, with some individuals receiving even higher amounts, depending on their contributions and age. This article will walk you through everything you need to know about the Canada Pension Plan, OAS, and how … Read more
