The Canada Revenue Agency (CRA) has begun issuing a $2,600 deposit to eligible Canadians starting Friday, July 2025, as part of a broader initiative to combat inflation, support low-income households, and stabilize post-pandemic finances. While this may appear to be a lump-sum benefit, the amount is actually a combination of multiple federal and provincial payments that certain recipients will receive this month. Continue reading
OAS
$3800 Pension Boost For Retirees In Canada- CPP – OAS Direct Pension Date
Rumors of a $3,800 pension boost have been circulating online, causing confusion among Canadian retirees. Many seniors, already grappling with the rising cost of living, hoped this increase would offer some relief. However, as of July 2025, the Canada Revenue Agency (CRA) and federal government have made no official announcement of such a one-time pension Continue reading
Forget Retiring At 65 – New OAS And CPP Age Rules Are Reshaping Retirement In Canada!
For decades, turning 65 was a milestone that signaled the end of a long working life and the beginning of retirement in Canada. It was also the age when most Canadians began collecting Old Age Security (OAS) and Canada Pension Plan (CPP) benefits. But in 2025, retirement looks very different. With longer life expectancies, inflation, and policy changes, the concept of retiring at 65 is quickly Continue reading
CRA Extra Retirement Payments Coming This Month – See If You Qualify And When You’ll Get Paid
Good news for Canadian seniors—extra retirement payments are arriving this month from the Canada Revenue Agency (CRA). These include scheduled increases for Old Age Security (OAS), Canada Pension Plan (CPP), and the Guaranteed Income Supplement (GIS), designed to help retirees keep pace with rising living costs. The next set of payments is expected to be deposited on July 29, 2025, and Continue reading
$978 Grocery Rebate Arriving In Canada July 2025 – Find Out If You’re Eligible
To address rising food prices, the Canada Revenue Agency (CRA) has approved a new grocery rebate for July 2025, offering up to $978 in tax-free relief to low- and moderate-income households. This one-time payment is a strategic move to help Canadians manage the burden of grocery inflation, which remains a pressing issue across the country. Continue reading
OAS July 2025 Payment Date Confirmed – How Much Will Canada Seniors Get And When?
The Old Age Security (OAS) payment for July 2025 has officially been confirmed, bringing reassurance to millions of seniors across Canada. As one of the key federal pension benefits, OAS provides vital monthly income support for Canadians aged 65 and older. According to the latest government update, the OAS July 2025 payment will be deposited on Wednesday, July 30, 2025. Continue reading
CRA Confirms $496 GST/HST Credit Payment Dates For 2025 In Canada
The Canada Revenue Agency (CRA) has officially confirmed the GST/HST Credit payment schedule and maximum benefit for 2025, helping millions of low and modest-income Canadians manage their cost of living. This tax-free quarterly credit provides relief from the Goods and Services Tax (GST) or Harmonized Sales Tax (HST) paid on purchases, with eligible individuals receiving Continue reading