As the cost of living continues to rise across Canada, the CRA Parental Benefits remain a critical support system for parents welcoming a new child in 2025. These benefits offer a financial cushion during one of life’s most demanding and transformative times—helping families navigate the early stages of parenting with peace of mind. Whether you’re … Read more
There’s been quite a buzz lately regarding a special payment for Canadian seniors. The headline making rounds is: Mark Carney Announces $1,576 Monthly for Seniors in April 2025. But is it official? Let’s break it down. What’s the $1,576 OAS Payment All About? As per recent discussions and speculations, seniors in Canada may receive a … 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