Government Payments to Boost Canadians Wallets this Holiday Season

As the holiday season approaches, several Canadian government benefits are scheduled for distribution, providing timely financial support to many households. These payments, covering various demographics, offer some relief from rising living costs. Here’s a detailed look at what you might expect to receive from government programs in the coming months. 1. Canada Pension Plan (CPP) Continue reading

Canada Introduces $2 New Coin Celebrates Inuit Nunangat Culture and Unity

The Royal Canadian Mint has introduced an extraordinary new $2 coin, also known as a toonie, celebrating the culture, lands, and people of Inuit Nunangat. This coin marks a significant milestone, as it is the first circulation coin created in collaboration with four different artists, each representing a unique region within the Inuit homeland. The Continue reading

CRA Announces Increased CPP Maximum Pensionable Earnings 2025

The Canada Revenue Agency (CRA) has officially announced the maximum pensionable earnings under the Canada Pension Plan (CPP) for the year 2025. The new maximum has been set at $71,300, a notable increase from $68,500 in 2024. This adjustment reflects the ongoing expansion of the CPP, aimed at enhancing retirement security for Canadians. New Earnings Continue reading