There are millions of people living in the Ontario province of Canada and they are facing financial crisis due to low income. Not all people are under this criteria but some others who are dependent on daily earning need help as they are also getting financial assistance from the government. The reason to face this … Read more
A major boost in Old Age Security (OAS) payments is on way by the Canadian government, giving eligible seniors an extra $1,650 per month. The new maximum payout for seniors who meet the requirements is $2,450 per month. Seniors who rely on government pensions, such as Old Age Security (OAS), are finding it more difficult … Read more
Everyone in Ontario is looking for a Minimum Wage Increase in Ontario and also wants to know what is the lowest hourly pay rate for employees, whether they are students, employees, housewives, etc. Therefore today this article will guide you and also keep you company. The latest updates were made regarding the Ontario Minimum Wage … Read more
If you are from Quebec then you must know the Minimum Wage Rate in Quebec. According to the official update, the Current Minimum Wage in Quebec is CAD 15.25 per hour which is expected to increase to CAD 15.75 per hour on May 1, 2024. You should be aware that the Minimum Wage Rate is … Read more
After rising by 0.80% in the first quarter of 2024, Old Age Security (OAS) in Canada has got a little boost in January 2024. A maximum of $713.34 will be paid to eligible seniors each month if they are 65 to 74 years old; for those 75 and above, this amount can reach $784.67. OAS … Read more
Many senior citizens in Canada depend on pensions and old age security is the best option for senior citizens to get financial support, whether they are working or not. The Government of Canada launched OAS for all senior citizens who want financial assistance to manage their expenses. If you have started an OAS pension then … Read more
The federal government of Canada has launched many programs and among them, Old Age Security (OAS) is one of the programs to help the citizens financially. Recently, the government has announced payment of $2120 OAS Extra Per Month to all senior citizens aged 65 years and above. The main objective of this program is to … Read more
VDB Canada is a tax-free amount given to all veterans who are service-related. If you are a veteran or contributor to the Royal Canadian Mounted Police you can claim the Canada Veteran Disability Benefits 2024 if you have a disability and their circumstances are service-related. The CRA (Canada Revenue Agency) regulates all benefit amounts in … Read more
The senior citizens who are earning less income are provided an affordability action plan in Alberta. This program provides benefits to the senior citizens each month. Especially those senior citizens are giving more advantage who suffer from the increased cost of living as well as the increased inflation rate. The federal government of Alberta provides … Read more
The rise in the consumer price index will result in a 4.4 per cent increase in the amount of CPP payments that are provided at the start of 2024. The Consumer Price Index or CPI is mainly used for modifying the CPP payment in 2024. The average cost of living for the residents in the … Read more