Canada is rolling out a one-time $628 grocery rebate for eligible residents in December 2025. As grocery prices continue to weigh heavily on household budgets, this targeted support aims to ease food cost pressures for millions of Canadians. This rebate is part of broader cost-of-living relief and is structured to work alongside existing federal benefit programs. What … Read more
Canadian seniors are set to receive timely financial assistance as the federal government introduces a one-time $300 Seniors Support Payment scheduled just before the close of 2025. Designed to ease the burden of rising living costs during the holiday season, this payment will be issued via direct deposit. With the 26 December 2025 payout date … Read more
Canada is moving away from the long-standing retirement benchmark of age 65. Starting in 2026, the country’s retirement framework will shift to reflect longer life expectancy, improved health, and changing work preferences among older Canadians. This transition means many future retirees will need to rethink when—and how—they plan to stop working. Canada’s Retirement Age Is … Read more
The $533 GST/HST Credit Refund for January 2026 is an officially confirmed quarterly payment that eligible Canadians can expect at the beginning of the year. This payment is part of the federal GST and HST tax credit program, which helps low- and modest-income households offset some of the sales taxes they pay on daily purchases. … Read more
The Canadian government has introduced an essential financial relief initiative as the Canada Revenue Agency (CRA) approves a one-time $1,350 benefit for qualifying residents. Scheduled for distribution on December 26, 2025, this payment aims to help Canadians navigate the rising costs of living, especially during the year-end period. The benefit targets low- and middle-income individuals … Read more
As Christmas 2025 nears, many Canadians receiving retirement income are hearing about a supposed double Canada Pension Plan (CPP) payment worth around $1,600 landing in accounts on December 26, 2025. For retirees who count on CPP as a core part of their monthly budget, this news can be exciting — but it raises important questions about what this timing really means … Read more
The Canada Revenue Agency (CRA) has officially confirmed the Tax-Free Savings Account (TFSA) contribution limit for the 2026 tax year — a critical update for Canadians planning their savings and investment strategies. Knowing this limit and how it works can help you take full advantage of tax-free growth opportunities within your financial portfolio. What Is the 2026 TFSA Contribution Limit? … Read more
Canada’s cost of living continues to rise, and grocery bills remain one of the biggest household expenses. In response, the federal government has introduced a one-time $236 Grocery Rebate to provide financial relief to eligible Canadians. This rebate, administered through the Canada Revenue Agency (CRA), aims to support individuals, families, and seniors who are feeling the pressure of … Read more
The Canadian government has announced a new $300 one-time financial assistance program aimed at supporting seniors facing rising living costs. Scheduled for release just before the end of 2025, the payment will help older Canadians manage increased expenses during the holiday season, which typically sees higher costs for food, utilities, and other necessities. Overview of … Read more
Canadian drivers are being warned that a once-common habit could now cost them thousands of dollars. Eating while driving is increasingly being treated as distracted driving across Canada, and under stricter enforcement rules, motorists could face fines reaching up to $10,000 in serious cases. Authorities say the crackdown comes as distracted driving remains one of … Read more
