Canadian seniors are set to receive a one-time $2,500 CPP boost this November, as the federal government and Canada Revenue Agency (CRA) introduce new economic support measures in response to rising inflation, healthcare expenses, and cost-of-living pressures. This non-taxable payment will be delivered via direct deposit to eligible Canada Pension Plan (CPP) recipients starting November…
Canadian retirees have something to look forward to—Canada Pension Plan (CPP) payments are increasing from July to December 2025. This mid-year update offers crucial financial support to pensioners grappling with rising inflation and living expenses. Here’s everything you need to know about the new CPP rates, eligibility, and payment schedule. Why Is the Canada Pension…
If you’re a senior living in Canada, you could receive up to $1,700 per month in 2025 through a combination of the Canada Pension Plan (CPP) and Old Age Security (OAS). These federal programs offer essential retirement income, and the amounts have been adjusted for inflation to support rising living costs. This guide covers eligibility,…
