Managing finances with the help of government benefits is crucial for many Canadians. With various financial supports available, including the Canada Child Benefit (CCB), Canada Pension Plan (CPP), Old Age Security (OAS), and more, staying …
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Canadian seniors are set to receive a significant Old Age Security (OAS) payment increase in June 2025, with monthly amounts rising to $727 and $800 depending on age. This increase reflects adjustments made to keep up with the cost of living, and it’s …
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In 2025, Canada’s retirement pension programs have undergone an important update, offering more financial support for seniors. If you’re nearing retirement or already receiving benefits, it’s crucial to understand the recent changes to the Canada …
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Canada’s Survivor Benefit provides essential financial support for low-income Canadians aged 60–64 who have lost a spouse or common-law partner. The Allowance for the Survivor, which can offer up to $1,647.34 per month, is designed …
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In July 2025, the Canadian government officially reaffirmed the $500 Canada Housing Benefit, a one-time rental support initiative aimed at easing the housing burden on low- to moderate-income renters. Administered by the Canada Revenue Agency …
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Old Age Security (OAS) is a monthly government pension for seniors aged 65 and over, funded from general tax revenue—not earnings. In 2025, eligible seniors could receive an additional one-time payment of $2,350, designed to ease inflation, rising grocery …
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