December

CRA Announces $1,120 Carbon Rebate for Canadians — Payments Coming December 26, 2025

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CRA Announces $1,120 Carbon Rebate for Canadians

Good news for Canadian households: the Canada Revenue Agency (CRA) has confirmed a carbon rebate payment of up to $1,120 scheduled for December 26, 2025. With winter heating costs and year-end expenses rising, this tax-free payment could ease financial pressure for millions of residents before the new year. The carbon rebate, part of Canada’s federal … Read more

Canada Approves CPP and OAS Boost for Seniors — Direct Deposits Arrive December 26, 2025

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Canada Approves CPP and OAS Boost for Seniors — Direct Deposits Arrive December 26, 2025

Canadian seniors are set to receive a welcome year-end financial boost as the federal government moves forward with Canada Pension Plan (CPP) and Old Age Security (OAS) payments scheduled for December 26, 2025. The post-Christmas deposit timing is designed to help retirees manage rising living costs and prepare financially for the new year. The announcement … Read more