Over the past few months, many Canadian seniors have been buzzing about reports of a \$969 Old Age Security (OAS) pension payment landing in July 2025. The idea of nearly \$1000 a month from OAS has sparked excitement—and confusion. The truth, however, is more nuanced. The Canada Revenue Agency (CRA) has not announced a universal … Read more
Families across British Columbia will soon receive enhanced support to cope with rising living costs. Starting July 2025, the BC Family Benefit—administered by the Canada Revenue Agency (CRA)—will increase to \$260 per child per month, providing much-needed financial relief to households raising children in an era of inflation and affordability challenges. The monthly deposits are … Read more
Big changes are on the horizon for Canadian seniors and high-contributing workers, as the Canada Pension Plan (CPP) continues its multi-year expansion. Beginning in August 2025, some eligible recipients could receive up to $2900 more per year in their CPP payments. While this increase isn’t a lump sum deposit, the monthly boost—estimated at around $240—adds … Read more
Housing affordability remains one of Canada’s toughest challenges in 2025. Rent prices have surged across nearly every city and town, leaving low- and middle-income households under growing financial pressure. In response, the federal government has confirmed the rollout of a one-time \$500 Housing Benefit in May 2025. This direct payment, aimed specifically at renters, is … Read more
As the cost of living continues to strain households across the country, the federal government is rolling out another crucial round of support. Starting July 2025, eligible workers will see advance payments from the Canada Workers Benefit (CWB) deposited directly into their bank accounts—some receiving as much as \$1,238 depending on their region, family status, … Read more
As rental costs continue to climb across Canada, the federal government is stepping in with targeted financial assistance. The newly announced Rent Relief Canada 2025 will provide a one-time, tax-free payment of \$430 to eligible renters this August, aiming to ease the financial strain caused by high housing costs. The payment is designed to reach … Read more
Canadian seniors who rely on Old Age Security (OAS) for monthly income will see their next payment arrive at the end of August 2025 — and the amount remains slightly higher than earlier this year thanks to recent inflation adjustments. For those aged 65 and older, OAS remains one of the most important federal programs, … Read more
The U.S. Department of Veterans Affairs (VA) has confirmed a dual announcement that will directly affect millions of veterans: an early disability payment in August 2025 due to the Labor Day holiday, and the launch of a \$106 million overpayment recovery initiative in partnership with the Centers for Medicare and Medicaid Services (CMS). These developments … Read more
In recent months, the Canadian senior community has been abuzz with a hot question: Is the federal government really giving seniors a \$3,500 Old Age Security (OAS) payment in 2025? This rumor has spread quickly through Facebook posts, forwarded emails, and even casual coffee shop conversations. For many retirees struggling with high grocery prices, rising … Read more
Cash App, the popular peer-to-peer money transfer platform owned by Block Inc., is set to pay \$12.5 million to settle a class action lawsuit alleging it sent thousands of unsolicited promotional texts to Washington residents without their permission. The settlement, which could affect nearly 2 million phone numbers, is the latest in a string of … Read more