Canadian government benefits

Canada Pension Plan 2025 – Maximize Your Benefits & Earn $1,435.20

by

Learn about the Canada Pension Plan (CPP): The Canada Pension Plan (CPP) is an extremely significant pension plan for Canada, a solid pillar of retirement security for millions of Canadians. Regardless of whether you are just beginning your working career or are heading towards retirement, knowing about the CPP can assist you in planning your financial future. What is the Canada Pension Plan? The Canada Pension Plan (CPP) is a mandatory public pension scheme that working Canadians pay into from …

Read more

$2,700 Direct Deposit in April 2025 for Canadians 60 and Older – Check Eligibility

by

In Canada, everyone who is above 60 years of age must receive a direct payment of $2700 in April 2025. $2700 is the amount which has been calculated for the recipients of CPP (Canada Pension Plan). It will be awarded to those old aged people who are contributors of CPP. This direct deposit is not included in the normal pension, but it will be an extra benefit that will be given in April 2025. This special payment is for individuals …

Read more

$1,700 GIS Benefit Hike for 2025: Eligibility Criteria & Payment Dates Explained

by

In 2025, Canada will be implementing a major boost to the Guaranteed Income Supplement (GIS) benefit, which would increase the income of eligible seniors by $1,700 per year. The adjustment is intended to help low-income seniors, counteracting inflation and increasing living expenses. In this article, we will explain who is eligible for the GIS boost, when payments will be made, and what you need to do to receive the benefit. What is the Guaranteed Income Supplement (GIS)? The Guaranteed Income …

Read more