Kathy Hilton

As the cost of living continues to rise, the federal government has made significant updates to CPP OAS Retirement Changes Canada 2025. These changes affect monthly payment amounts, eligibility thresholds, and indexation rates for Canadian retirees. Whether you’re already collecting retirement benefits or planning to apply soon, it’s important to understand how these CPP OAS Continue reading

Millions of Canadian families will see a welcome increase in the Canada Child Benefit (CCB) this July. The $666 Canada Child Benefit refers to the maximum monthly payment per child under six, rising due to a 2.7% inflation adjustment. Here’s your full guide to the amount, eligibility, and payment dates based on the latest CRA Continue reading

The federal government is set to issue the next quarterly GST/HST Canada Credit July 2025 payment on Friday, July 4, 2025, providing a much-needed financial relief for millions of low- and modest-income Canadians. With the new benefit year starting this July, the Canada Revenue Agency (CRA) has also increased maximum payment amounts due to annual Continue reading

Millions of low- and modest-income Canadians will see a helpful financial boost this summer as the GST/HST Canada Credit for July 2025 rolls out. This non-taxable quarterly payment is designed to offset part of the goods and services tax (GST) or harmonized sales tax (HST) that Canadians pay throughout the year. Here’s a detailed breakdown Continue reading

As of 2025, seniors across Canada are facing newly updated rules for renewing their driver’s licenses. These changes aim to strike a balance between public safety and personal independence, reflecting the government’s effort to address the growing number of older drivers on the road. The updates include more frequent renewal cycles, mandatory medical evaluations, and Continue reading

The Canadian dollar recorded its biggest daily gain in over a month on Thursday, rising sharply against a weakening U.S. dollar as markets digested weaker-than-expected U.S. economic data and renewed concerns about the Federal Reserve’s leadership. The loonie’s advance comes ahead of a key domestic GDP release that could shape expectations for the Bank of Continue reading

The USD/CAD currency pair tumbled to a fresh weekly low of 1.3626 as the Canadian dollar gains strength, reversing earlier attempts to break above the 50-day simple moving average (SMA) of 1.3790. This sharp pullback puts the exchange rate on course to potentially revisit the June low of 1.3540 as broader economic factors weigh heavily Continue reading

As the cost of living in Canada continues to climb, the federal government is stepping in to provide targeted financial relief for low- and modest-income households. While social media has been buzzing about a new $300 payment, the truth is more nuanced. There is no new federal $300 program, but many Canadians will receive $300 Continue reading

Canada’s retirement benefits are getting a fresh infusion this summer. Starting July 2025, both the Canada Pension Plan (CPP) and Old Age Security (OAS) monthly payments will increase, bolstered by inflation adjustments and CPP enhancements rooted in Canada’s official policy framework. Here’s a comprehensive look at what’s coming, who benefits, and when the funds hit Continue reading

Relief for Renters: Federal Government Steps In Amid Housing Crisis As rents continue to surge across Canada’s major cities, the federal government has announced a new financial support measure for low- and modest-income tenants. A one-time $430 rent relief payment will be made available starting July 2025 through the Canada Revenue Agency (CRA). This tax-free Continue reading