In a heartwarming tale that has captivated coin enthusiasts and collectors alike, a rare Canadian penny was discovered in an old cookie tin, leading to a life-changing windfall for its finder. The penny, identified as the elusive 1936 Dot Cent, is one of the rarest coins in Canadian numismatic history. The discovery was made by … Read more
As the cost of living continues to rise, many Canadian retirees are looking for reassurance in their monthly income. In April 2025, a combined benefit payout of up to $3,500 is expected through the Canada Pension Plan (CPP) and Old Age Security (OAS) programs, including possible supplements like the Guaranteed Income Supplement (GIS). These programs are vital financial supports for seniors, and understanding … Read more
In a significant move to support seniors facing rising living costs, the Canada Revenue Agency (CRA) has announced a $2,350 payment for eligible individuals in April 2025. This initiative combines the Old Age Security (OAS) and Guaranteed Income Supplement (GIS) benefits, aiming to provide substantial financial relief to low-income seniors. Understanding the $2,350 CRA Payment The $2,350 CRA payment is a combined monthly benefit from the OAS and GIS programs. It’s … Read more
To combat rising grocery prices and help Canadians deal with the ongoing cost of living crisis, the federal government is once again offering a one-time Grocery Rebate in 2025. This payment, which may arrive in April or May, provides up to $250 to eligible individuals and families and is automatically issued through the Canada Revenue … Read more
In April 2025, the Canadian government introduced a one-time rent relief payment of $430 to assist low-income renters facing housing affordability challenges. This initiative, part of the Canada Housing Benefit (CHB) program, aims to provide immediate financial support to eligible individuals, particularly seniors and families with limited incomes. Eligibility Criteria To qualify for the … Read more
The Canada Disability Benefit (CDB) has officially been approved for rollout in 2025, marking a major step toward reducing poverty among Canadians living with disabilities. This new federal financial support aims to bridge the gap in income and living costs for working-age individuals with disabilities across the country. With payments starting in July 2025, this benefit will provide up to … Read more
As April 29, 2025 approaches, many retired Canadians are preparing for their Canada Pension Plan (CPP) and Old Age Security (OAS) deposits. Rumors have been circulating about retirees receiving $6,000 per month, sparking both hope and confusion. While CPP and OAS payments offer significant support, let’s break down the facts to clarify if this $6,000/month benefit is true, who qualifies, and what to expect … Read more
