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
We’re now understanding the CRA (Canada Revenue Agency) benefits and their payment fairly well for February 2025 for sponsorship. If the Canada Child Benefit (CCB), Old-Age Security (OAS), or the Canada Pension Plan (CPP) is coming to you, you know payments are coming; therefore, you can plan your other things well. This article will give … 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