The Canada Revenue Agency (CRA) has confirmed a major financial relief measure for millions of Canadians — the $840 tax relief payment. This new benefit stems from the federal government’s middle-class tax cut aimed at strengthening household budgets amid high living costs. Beginning July 1, 2025, the measure will reduce the lowest federal personal income tax rate … Read more
Canadian students facing rising tuition fees and campus living costs are being urged to act quickly before the December 15, 2025 deadline to apply for the $350 Education Support Boost, a one-time federal payment under the Canada Student Financial Assistance Program (CSFAP). The initiative provides targeted financial aid to post-secondary learners hit hardest by tuition, rent, and textbook inflation, … Read more
The Canada Revenue Agency (CRA) has officially confirmed that the $2,200 support payment for eligible Canadian families will be deposited on December 12, 2025. This support measure, designed to help low- and middle-income households, is part of the federal government’s year-end affordability initiative aimed at reducing financial pressure during the most expensive time of the year. As families prepare for … Read more
Canada has introduced sweeping updates to its visa and entry rules just before the end of 2025, marking one of the most significant overhauls in years. The Immigration, Refugees and Citizenship Canada (IRCC) has confirmed tougher yet more structured procedures across Temporary Resident Visas (TRVs), Electronic Travel Authorizations (eTAs), and entry screening systems. These changes focus on balancing economic … Read more
Canada has entered a new era of retirement planning in 2025, officially ending the idea of 65 as a fixed retirement age. This shift doesn’t ban seniors from retiring at 65 or raise benefits automatically to age 67. Instead, it removes the rigid structure that once made 65 the universal cutoff, allowing Canadians to choose … Read more
The Canada Revenue Agency (CRA) has confirmed a new $300 one-time payment for seniors, scheduled for direct deposit on December 12, 2025. The measure forms part of the federal government’s year-end affordability relief plan, offering timely support to older Canadians as they navigate rising costs during the winter months. For many seniors, this payment arrives at the ideal moment … Read more
As December 2025 approaches, Canadian seniors can look forward to vital financial support through their monthly Canada Pension Plan (CPP), Old Age Security (OAS), and Guaranteed Income Supplement (GIS) benefits. These programs serve as the foundation of retirement income in Canada, helping older adults manage essential costs like housing, healthcare, and groceries—especially during the holiday season when expenses often … Read more
The Canada Revenue Agency (CRA) has confirmed that a new $1,350 one-time payment will be issued to eligible Canadians on December 10, 2025, providing essential relief as households continue facing rising living costs. The federal government says this measure will help millions of individuals, families, workers, and seniors manage everyday expenses before the holiday season. This payment is part of … Read more
The federal government has confirmed that the next round of Canada Carbon Rebate payments will be deposited on December 12, 2025, delivering significant financial support to millions of households across the country. The updated $1,120 annual rebate reflects inflation adjustments and higher carbon pricing revenues, offering timely help as Canadians prepare for a costly winter season. This quarterly payment, formally … Read more
In a landmark policy shift, the Government of Canada has confirmed that starting January 2026, the country will end the fixed retirement age of 65, giving older Canadians two new flexible options for accessing their federal retirement benefits. The reform is part of a national retirement modernization plan designed to reflect longer life expectancy, workforce changes, and the growing diversity of … Read more