The Canada Child Benefit (CCB) is a no-tax-moshed-out monthly payment released by the Government of Canada intended to provide the economic assistance families require to raise children under the age of 18 years. It is handled by the Canada Revenue Agency (CRA), which pays out the money upon achieving specific family income levels, the number … Read more
In the early morning, light filtering through the window of Margaret Wilson’s kitchen in Winnipeg caught the rising steam from her tea. Margaret is 76 and reviews her monthly budget, a practice that is becoming harder and harder with time. “My husband passed away three years ago,” she says, cupping her hands around the mug … Read more
The last Christmas saw a conversation with Uncle Peter that resonated with me. When he was asked about his retirement, he responded in resignation: “I’m getting by, but I wish someone had told me how to maximize my CPP before I retired. I’m leaving money on the table every month.” This made me wonder: how … Read more
Canada Pension Plan (CPP) is a basis for Canada’s pension system, which provides financial assistance to retired persons, disabled people and people with deceased contributors. In February 2025, a potential $2,385 CPP bonus payment was reported. This article is intended to make sense of these talks, provide eligibility criteria, and information about payout dates. $2,385 … Read more
As Canadians approach retirement, knowing how inflation affects the Canada Pension Plan (CPP) becomes more crucial. With economic uncertainty and increased living expenses, many retirees and future retirees are asking: what will we see for CPP payment hikes in 2025? Let’s take a look at the estimated CPP inflation increases for 2025, how they’re determined, … Read more