Relief is on the way for thousands of Canada’s most financially vulnerable seniors. Starting July 2025, the federal government will increase the Guaranteed Income Supplement (GIS) by up to \$1,395 annually—equivalent to an additional \$116.25 per month for those who qualify. The move comes at a time when many older Canadians are grappling with rising … Read more
With gas prices, heating bills, and grocery costs all pushing higher in 2025, many Canadians are watching their monthly budgets stretch thinner than ever. Now, the federal government is proposing an additional \$500 boost to the Canada Carbon Rebate (CCR)—a move set to put more money back into the pockets of eligible households across the … Read more
Canadians living in certain provinces are about to receive a welcome financial boost as the Climate Action Incentive Payment (CAIP) for July 2025 is set to arrive. With energy bills climbing and carbon pricing costs pushing household budgets higher, this tax-free quarterly rebate is designed to help offset the impact of Canada’s federal climate policies. … Read more
For over 68 million Americans, Social Security benefits represent more than just a government program—they are a lifeline. Whether it’s for retirees, disabled individuals, or survivors of deceased workers, these monthly payments form the backbone of financial stability for millions. In August 2025, the Social Security Administration (SSA) will issue payments that reflect the 2.5% … Read more
As Canadians navigate another year of higher energy costs and persistent inflation, the Canada Carbon Rebate—officially known as the Climate Action Incentive Payment (CAIP)—is set to deliver its third quarterly installment of 2025 in mid-August. This tax-free quarterly payment, administered by the Canada Revenue Agency (CRA), returns a portion of carbon tax revenues directly to … Read more
Rising rents and growing affordability challenges are putting pressure on Canadian households, but targeted help is coming. The federal government has confirmed that Rent Relief Canada 2025 will deliver a one-time \$430 payment in August 2025 to support eligible renters struggling with high housing costs. The payment will be non-taxable, won’t reduce other benefits, and … Read more
In a year marked by rising grocery prices, increasing rent, and higher transportation costs, the Canada Revenue Agency (CRA) has confirmed welcome news for low- and modest-income workers. The Canada Workers Benefit (CWB) will once again provide up to \$1,428 per quarter in 2025 for eligible individuals — totalling as much as \$5,712 annually. This … Read more
As the cost of living continues to rise, many Canadians living with disabilities are set to receive meaningful financial relief in 2025. The Canada Revenue Agency (CRA) has confirmed major updates to the Disability Tax Credit (DTC), increasing potential refunds to as much as \$9,428 for eligible individuals, with additional amounts for minors and dependents. … Read more
With inflation continuing to squeeze Canadian households, many individuals and families are finding it increasingly difficult to keep up with basic living expenses. Rent, groceries, utilities, and healthcare costs are rising faster than incomes, leaving a growing gap for low- and moderate-income earners. In a bid to ease that pressure, the Canada Revenue Agency (CRA) … Read more
Canadian households have been feeling the pinch as grocery prices continue to climb, making everyday essentials harder to afford. In response, the federal government has introduced the \$628 Canada Grocery Rebate—a one-time payment aimed at helping low- and middle-income families offset some of their food costs. The rebate, administered by the Canada Revenue Agency (CRA), … Read more