As of May 2025, the Canadian government has confirmed a one-time $300 Federal Payment aimed at supporting eligible Canadians facing the mounting cost of living. This tax-free payment is part of a broader affordability initiative designed to help low- and moderate-income residents deal with rising expenses related to food, housing, and basic necessities. The financial … Read more
Residents of Ontario who qualify for the Ontario Trillium Benefit (OTB) can expect their upcoming monthly payment to arrive on Thursday, May 9, 2025. This ongoing financial support helps low- and moderate-income households manage everyday expenses such as rent, utilities, and sales tax. The OTB is composed of three distinct provincial financial assistance programs: Ontario … Read more
In response to rising living expenses in 2025, the Canadian government has continued its support for low- and middle-income earners through the Additional GST Payment. Administered by the Canada Revenue Agency (CRA), this payment is a tax-free supplement to the existing GST/HST credit, specifically designed to offset the increasing cost of basic necessities such as … Read more