In August 2025, Canadian seniors are set to benefit from a combined retirement income of nearly $2,500 per month through three major federal programs: the Canada Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS). While not Continue reading
Seniors
$7,500 Home Renovation Tax Credit In Canada- How Seniors, Caregivers, And Disabled Adults Can Benefit In 2025
As of August 2025, Canadian families have access to two major programs that can provide thousands in financial relief: the $7,500 Multigenerational Home Renovation Tax Credit (MHRTC) and the new Canada Disability Benefit (CDB) offering up to $200 monthly. These Continue reading
CRA Confirms One-Time Extra GST Credit For Canadians – Eligibility, Payment Dates, And Amounts Released
The Canada Revenue Agency (CRA) has officially confirmed a one-time extra GST/HST credit for Canadians in 2025. This new measure is designed to help low- and modest-income households struggling with rising food, rent, and utility Continue reading