October 2025 brings a timely boost with the Climate Action Incentive Payment (CAIP)—part of Canada’s carbon pricing framework. Designed to return a portion of carbon tax revenue to households, this quarterly rebate offers financial relief ahead of the heating season. Administered by the CRA, it targets residents in provinces under the federal backstop: Alberta, Saskatchewan, Manitoba, and Ontario. What…
The Canada Child Benefit (CCB) is a tax-free monthly payment that helps families with the cost of raising children. In August 2025, eligible families can receive up to $285 per child, offering timely support during the back-to-school season. This payment, issued by the Canada Revenue Agency (CRA), can help cover essentials like school supplies, clothing, and childcare. Knowing when your payment will arrive is…
This October 2025, thousands of Canadian families will receive an extra $1,800 lump-sum payment through the Canada Child Benefit (CCB)—a one-time bonus designed to ease rising childcare and living costs. Managed by the Canada Revenue Agency (CRA) and added to the regular CCB, this bonus requires no separate application for those already receiving child benefits. Bonus Breakdown — What You Need to Know Feature Details Bonus Amount $1,800 (One-time…
The Ontario Teachers’ Pension Plan (OTPP) has transformed into a $266 billion investment powerhouse, serving over 343,000 active and retired educators. As Canada’s third-largest pension fund, OTPP was recently honoured with Best Pension Trading Team at the 2025 Global Markets Choice Awards—a testament to its strategic overhaul in trade execution and efficiency. Key Facts at a Glance Metric Value / Detail Assets Managed…
Rising costs—from groceries to healthcare—have stretched Canadian household budgets thin in 2025. In response, the federal government is rolling out a $2,200 one-time, tax-free direct payment to provide essential financial relief. Let’s break down who qualifies, critical timelines, application steps, estimated payment delivery, and smart ways to make the most of it. Why the $2,200 Payment Matters…
Good news for eligible Canadians: the Disability Tax Credit (DTC) has seen a significant boost in value this year. The federal base amount now stands at $9,428, with an additional $5,758 supplement available for individuals under 18. If you’ve made qualifying contributions, you could claim retroactive refunds for up to 10 years—potentially totaling tens of thousands of dollars. Disability Tax Credit…
A surprising rumor has been circulating: a $1,860 Old Age Security (OAS) bonus arriving in July 2025. For many seniors, that sounded like a significant payday. But the reality is different—and still helpful. There’s no special one-time Old Age Security payout. Instead, some seniors may combine multiple benefits—OAS, Canada Pension Plan (CPP), and Guaranteed Income Supplement (GIS)—to reach or…
The Canada Revenue Agency (CRA) has confirmed that three major payments will be issued in August 2025 to eligible Canadians. These benefits — the Canada Child Benefit (CCB), the Ontario Trillium Benefit (OTB), and CPP/OAS pensions — provide vital financial support to families, seniors, and low-income households. With rising living costs, higher energy prices, and inflation impacting everyday expenses, these payments are designed to help…
In 2025, many Canadian seniors are talking about a $3,716 monthly pension. While this may sound like a single payment from one program, it’s actually the combined total of three different benefits: Old Age Security (OAS), Canada Pension Plan (CPP), and the Guaranteed Income Supplement (GIS). Each program has its own eligibility criteria, payment rates, and application process. If you qualify…
Families in Quebec are set to receive a welcome boost this month, with the Canada Child Benefit (CCB) and the Quebec Family Allowance combining to deliver payments of up to $649.75 per child. This financial support comes at a crucial time, as the cost of food, housing, and childcare continues to rise across the province. The August 2025 payments reflect recent…
