Low-income seniors in Canada are set to receive some long-awaited financial relief this summer. Beginning July 2025, the federal government will introduce a \$1,395 annual increase to the Guaranteed Income Supplement (GIS), adding roughly \$116.25 per month to the budgets of eligible retirees. This boost comes as inflation and rising costs continue to strain seniors’ … Read more
Canada’s low-income seniors are set to receive a meaningful financial boost beginning in July 2025. The federal government has officially confirmed a \$1,395 annual increase to the Guaranteed Income Supplement (GIS), translating to an additional \$116.25 every month for those who qualify. With grocery bills climbing, rent and utilities rising, and inflation continuing to pressure … Read more
Millions of Canadians are now seeing higher Canada Carbon Rebate (CCR) deposits land in their bank accounts for 2025. With carbon pricing reaching new levels and inflation squeezing household budgets, the federal government has increased payments to ensure families aren’t unfairly burdened by climate policy. The CCR—previously known as the Climate Action Incentive Payment (CAIP)—is … Read more