A spate of viral posts claims that the CRA has confirmed a $2,500 one‑time payment for seniors through the Canada Pension Plan (CPP) and Old Age Security (OAS). In reality, no such lump‑sum benefit has been officially announced. This article clarifies the truth and outlines the actual monthly pension structure, Read more
In 2025, the Canada Pension Plan (CPP) sees its most significant enhancements in decades. With an expanded contribution framework, higher maximum benefits, and clear payment dates, these changes aim to boost retirement income for Canadian workers. This comprehensive guide covers eligibility, what’s new, payment schedule, and how the enhanced CPP Read more
In 2025, the Canada Pension Plan (CPP) disability benefit continues its upward adjustment, offering crucial financial support to individuals who are unable to work due to significant disability. With updates to both the maximum and average monthly amounts—as well as accompanying children’s benefits—this increase aligns with cost‑of‑living indexing and the Read more
As 2025 approaches, speculation is rising about a potential $3,800 monthly pension boost for Canadian seniors. This article unpacks what seniors will actually receive, based on the latest projections for Canada Pension Plan (CPP), Old Age Security (OAS), and Guaranteed Income Supplement (GIS). Projected Pension Components for 2025 Canada Pension Read more
Losing a spouse is emotionally overwhelming—and financially challenging. Recently, a viral figure of $3,555 per month for widows in Canada has captured attention. While there’s no single “widows’ pension” at that exact amount, low-income widows may indeed receive close to or up to $3,555 monthly—but only when combining a suite Read more
Rising costs have sparked viral claims about a single $3,716 monthly pension for seniors. In reality, there’s no one program that pays $3,716. That figure comes from adding the top end of three separate benefits—CPP, OAS, and GIS—and it ignores how GIS is income-tested. Here’s the verified 2025 picture, plus Read more