In 2025, the Canada Revenue Agency (CRA) and Service Canada have increased the maximum weekly Employment Insurance (EI) benefit to $695, offering a much-needed financial cushion for those who lost their jobs through no fault of their own. Whether it’s due to layoffs or company shutdowns, this payment is designed to help Canadians stay financially … Read more
In 2025, the Canadian government continues to support parents through Employment Insurance (EI) Parental Benefits, even though it’s often mistakenly referred to as the CRA Parental Benefit. While the Canada Revenue Agency (CRA) doesn’t directly issue parental benefits, Service Canada administers them under the Employment Insurance umbrella. Whether you’re welcoming a newborn or adopting a … Read more
A fresh and unique proposal has caught the attention of American taxpayers — the $5,000 DOGE Dividend Stimulus Payment 2025. Spearheaded by former President Donald Trump and tech entrepreneur Elon Musk, this initiative aims to return a portion of federal savings directly to the people. While it has generated plenty of buzz and interest, it … Read more
In Canada, the Canada Revenue Agency (CRA) manages major financial benefits for seniors, including the Old Age Security (OAS) and Canada Pension Plan (CPP). These programs are crucial parts of Canada’s retirement system and are relied upon by millions of Canadians for financial support in their later years. Every year, CRA updates the rules and … Read more
Every year, the Canada Revenue Agency (CRA) rolls out the GST/HST Credit to ease the financial load on eligible low-to-moderate income residents. This tax-free quarterly payment is designed to help offset the Goods and Services Tax (GST) or the Harmonized Sales Tax (HST) paid on purchases. It’s a welcome relief for many households, especially when … Read more