Retirement planning is one of the most important financial steps in life, and in 2025, Canadians aged 65 and older have a clear advantage through the Canada Pension Plan (CPP). The maximum CPP retirement pension at age Continue reading
Canada
CRA Benefits September 2025 – Payment Dates, Tax Credit Amounts & Refund Types
The Canada Revenue Agency (CRA) administers a wide range of tax credits and benefits to help Canadians reduce tax liability and receive financial assistance. For September 2025, seniors, families, workers, and individuals with disabilities can expect multiple payments Continue reading
Canada’s New Driving License Rules For Seniors Over 70 Take Effect From September 2025
Canada is rolling out significant updates to how provinces assess the driving ability of seniors aged 70 and above, starting in September 2025. Far from a sweeping ban, these changes aim to maintain safety on the road Continue reading
September 2025 CPP/OAS Pension Boost – $2,200 Increase Could Double Retirement Payments
Canadian retirees are set to see another important adjustment to their pensions this fall. The Canada Revenue Agency (CRA) will roll out the next Cost-of-Living Adjustment (COLA) for Canada Pension Plan (CPP) and Old Age Security (OAS) benefits in September 2025. With the country Continue reading
$6,748 Canada Child Benefit Coming September 19, 2025 – Who Qualifies And When You’ll Get Paid
September is an important month for Canadian families who rely on the Canada Child Benefit (CCB). The next CCB installment is scheduled for September 19, 2025, providing crucial financial support to households during the busy back-to-school season. Continue reading
Say Goodbye To Retiring At 65 – The New Age For Collecting OAS And CPP In Canada
For decades, 65 was the golden retirement age in Canada. Workers would finish their careers, collect Old Age Security (OAS) and the Canada Pension Plan (CPP), and enjoy their retirement years. But in 2025, that traditional timeline is being reshaped. With Continue reading
CRA Confirms One-Time $500 Canada Housing Benefit – Who Qualifies, How To Apply & Payment Dates
As housing costs soar across Canada, the federal government—via the Canada Revenue Agency (CRA)—has confirmed the return of a one-time $500 housing benefit in 2025. This tax-free assistance aims to ease the rent burden for low-income renters. The program offers Continue reading
$1,590 Canada Workers Benefit 2025 – Payment Dates, Eligibility & How Much You’ll Get
The Canada Workers Benefit (CWB) offers vital support to low-income workers across the country. In 2025, singles may qualify for a base amount of up to $1,590, while families could receive as much as $2,739, with an additional disability supplement for eligible Continue reading
3 Costly RRSP Withdrawal Mistakes That Could Trigger CRA Penalties In Retirement
Registered Retirement Savings Plans (RRSPs) are one of Canada’s most effective retirement tools. They allow your money to grow tax-sheltered for decades, helping you build wealth for the future. But with this tax advantage comes Continue reading
$628 Grocery Rebate In Canada This September 2025 – CRA Eligibility And Payment Details Revealed
With grocery prices hitting record highs, many Canadians are seeking relief that actually eases the burden. The Canada Revenue Agency (CRA) is stepping in with a one-time grocery rebate of up to $628, set to land in your bank account Continue reading