Buzz: Canada CRA $2,350 Relief Payment February 2025: Rumors of making $2,350 relief payment available to seniors in Canada continue. To date, no government program has announced a one-time payment to seniors of $2,350. There are only three benefits available through the Canada Revenue Agency: Old Age Security (OAS), Canada Pension Plan (CPP), and the … Read more
In February 2025, CRA Direct Deposit will be available. $2,600 in value. The availability of $2,600 direct deposits across qualified Canadian credit accounts at the beginning of February 2025 has recently been announced by CRA. Low-income households, the elderly, people with disabilities, and other specific taxpayers will receive financial assistance through this program. This guide … Read more
One of the new financial programs that the federal government has established to ensure low-to-moderate-income Canadians will benefit from them is the $300 Federal Payment for Canadians in 2025. Below is a post breaking down crucial information on qualification and when one can receive their payment.Staying up to date on any new development will help … Read more
The Canadian parents look forward to the increase in their Canada Child Benefit (CCB) in July 2025. On a positive note, however, the rise forthcoming will not be that high like those of the last two years. Annual CCB Adjustments and Indexation The Canadian government aligns it every July with the cost of living adjustments … Read more
As recently disclosed by the Canadian Government, the release of an attractive financial relief initiative for 2025 gives direct deposits of $2,200 eligible low-income seniors and citizens. Such an initiative would be fruitful in helping Canadians who are undergoing hardships through increasing living costs, which is negatively affecting the economy. This paper provides information regarding … Read more
Canada’s GST/HST break on grocery items is coming to an end soon, and if you’re looking to save on your next grocery bill, now is the time to stock up! As of Saturday, February 15, 2025, the temporary freeze on the Goods and Services Tax (GST) and Harmonized Sales Tax (HST) will expire, and certain … Read more
$500 Canada Rent Assistance This $500 Canada Rent Assistance program helped millions of low-income renters across the country when it was hit with expensive housing costs back in 2022. It was one-time, and a temporary program, but was much needed by many families in the most critical time economically. And though that is done and … Read more