The Canada Pension Plan (CPP) Survivor’s Pension is a financial assistance program for surviving spouses or common-law partners of deceased CPP contributors. In 2025, the benefit amount has increased, offering greater financial security for those in need. This guide explains who qualifies, how much survivors can receive, the application process, and key financial planning tips … Read more
In March 2025, Canada conducted two significant Express Entry draws, issuing a total of 5,225 Invitations to Apply (ITAs) for permanent residency. These draws underscore Canada’s dedication to attracting skilled individuals to bolster its economic growth and cultural diversity. Breakdown of the March 2025 Express Entry Draws French Language Proficiency Draw This draw specifically targeted … Read more
The Canadian tax system offers various tax credits and deductions to ease the financial burden on students. With changes implemented in 2025 under the new Canadian Prime Minister, staying informed about available benefits is crucial. Taking advantage of these credits can help reduce student loans, lower educational expenses, and save money. This guide outlines all … Read more
The Canadian government offers various financial support programs to assist seniors, notably the Old Age Security (OAS) and the Guaranteed Income Supplement (GIS). These initiatives aim to help low-income Canadians manage essential living expenses and maintain financial stability during retirement. Eligible seniors can receive up to $2,460 annually through these supplements. Understanding the $2,460 Pension … Read more
The onset of President Donald Trump’s trade war has raised concerns about its impact on Canadian pension funds. While tariffs could pose economic challenges, institutional investors are maintaining a strategic approach to navigate the uncertainties. How Are Pension Plans Responding to the Tariffs? A major question remains: Will the 25% tariffs impose significant risks on … Read more
In March 2025, Canadian seniors receiving Canada Pension Plan (CPP) benefits will see a 2.7% cost-of-living adjustment (COLA), reflecting the government’s commitment to maintaining retirees’ purchasing power amid inflation. Understanding the 2.7% CPP Increase The CPP is designed to adjust annually based on the Consumer Price Index (CPI), ensuring that benefits align with the current … Read more
Canada’s Express Entry system has undergone significant updates for 2025, introducing new categories and revising existing ones to better align with the nation’s economic needs. These targeted draws focus on specific occupations across various sectors, offering streamlined pathways for skilled professionals seeking permanent residency. This article provides a detailed overview of the eligible occupations under … Read more
In March 2025, Ontario residents can anticipate several key benefit payments designed to provide financial support across various demographics. These benefits encompass assistance for families, seniors, and individuals requiring financial aid. Below is a comprehensive overview of the scheduled benefit payments, their respective dates, and pertinent details to help beneficiaries prepare accordingly. 1. Ontario Trillium … Read more
The Old Age Security (OAS) pension is a vital financial support for Canadian seniors, ensuring a stable income during retirement. In 2025, significant adjustments have been made to OAS payments, influenced by inflation and residency factors. Understanding these changes is crucial for seniors planning their finances. 2025 OAS Payment Details The OAS payment amounts for … Read more
The Old Age Security (OAS) payment, a vital financial aid for Canadian seniors, is set for a historic 194% increase, raising the monthly payment to $1,970 starting in March 2025. This remarkable boost will significantly enhance the financial security of retirees across Canada. But who qualifies for this increase, and how does it impact your … Read more