Canada’s retirement income system will continue evolving in 2026, with ongoing enhancements to the Canada Pension Plan (CPP) and expanded provincial senior concession programs. However, it’s important to clarify: there is no single federal program guaranteeing $2,400 in automatic annual savings. Instead, any potential financial gain will depend on individual CPP contribution history and eligibility … Read more
The Canada Revenue Agency (CRA) continues to deliver the Canada Child Benefit (CCB) as a tax-free monthly payment to eligible families raising children under 18. For some households, total annual support can reach around $6,500 per year, depending on income and number of children. That typically works out to approximately $541 per month, paid directly … Read more
Many Canadians continue searching for details about the $628 grocery rebate, especially as food prices remain elevated and household budgets stay tight. However, it’s important to clarify that this payment was a one-time federal measure, not an ongoing benefit. The rebate was issued by the Canada Revenue Agency (CRA) and delivered automatically through the GST/HST … Read more
Prime Minister Mark Carney has announced a major affordability package that includes a 25% permanent increase to the existing GST/HST Credit, along with a one-time top-up equal to 50% of the credit this year. Administered by the Canada Revenue Agency (CRA), the enhanced payment is being rebranded as the Canada Groceries and Essentials Benefit. The … Read more
The Canada Revenue Agency (CRA) has confirmed that online filing for the 2025 tax year opens on February 23, 2026. But before rushing to file, the agency is urging Canadians to make sure they’ve received all required tax slips and receipts to avoid reassessments, delays or refund slowdowns. While NETFILE opens in late February, most … Read more
Your Canadian passport may look like personal property, but legally it belongs to the Government of Canada. Under federal rules administered by Immigration, Refugees and Citizenship Canada (IRCC), the Minister has broad authority to revoke, cancel, suspend or refuse passport services in a range of situations. Most Canadians assume passports are only at risk after … Read more
Canadians looking to travel in March 2026 don’t have to overpay for spring break hotspots. New data from Skyscanner shows that affordable flights still exist — but many of the cheapest routes lead to unexpected destinations. After analyzing thousands of routes and millions of fares, Skyscanner identified the most budget-friendly cities Canadians can fly to … Read more
The Canada Revenue Agency (CRA) has officially indexed the 2026 federal income tax brackets by 2%, reflecting inflation data from Statistics Canada. These changes could directly affect how much tax you pay this year — and how much you keep. Starting January 1, 2026, the lowest federal tax rate drops again to 14%, down from … Read more
Service Canada has introduced February 2026 updates designed to prevent missed payments, improve benefit accuracy and deliver recalculated support to eligible Canadians. In some cases, combined adjustments across multiple programs could total up to $1,200, depending on eligibility. Importantly, this is not a new universal $1,200 payment. Instead, the amount reflects potential cumulative increases, retroactive … Read more
The Canada Revenue Agency (CRA) continues to offer the Canada Caregiver Tax Credit (CTC) in 2026, allowing eligible caregivers to claim up to $2,616 in non-refundable federal tax relief. The credit is designed to support Canadians who provide financial and personal care to a dependent family member with a recognized physical or mental impairment. While … Read more