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A new federal alcohol tax increase is set to take effect on April 1, triggering criticism from industry groups, taxpayer advocates, and brewery workers who say Canadians can no longer absorb higher prices. The federal government will raise excise taxes on beer, wine, and spirits by two per cent, continuing the automatic annual adjustment introduced Continue reading

A new federal disability support payment is drawing attention across the country, with many Canadians asking whether a $200 Canada Disability Benefit is coming in February 2026. As conversations around disability income reform continue, one thing is clear: payment is coming through new federal structures designed to support working-age Canadians with disabilities. While full rollout Continue reading

A new round of GST/HST relief is drawing national attention as eligible Canadians prepare for a February 2026 deposit. The payment is coming, and for many households, this support could provide meaningful help during a time of continued economic pressure. With a reported amount of up to $533 for qualifying individuals, the upcoming credit is Continue reading

If you have been steadily contributing to a Registered Education Savings Plan and counting on stable tuition plus strong grant support through OSAP, Ontario’s latest announcement changes the math. After seven years of frozen tuition, the province is lifting the cap and redesigning the Ontario Student Assistance Program. The government will inject billions into the Continue reading

Canadian retirees are closely watching updates to the Canada Pension Plan, and the latest development has sparked major interest. A higher CPP monthly payment of up to $1,533 is expected to take effect in February 2026, reflecting ongoing enhancements to the national pension system. With inflation pressures still affecting household budgets and more Canadians approaching Continue reading

The 2025 tax season is approaching, and the Canada Revenue Agency has begun encouraging Canadians to prepare early. Filing accurately and on time is more important than ever, especially for those expecting refunds or relying on benefit payments that depend on updated income information. For many households, tax season is not just about compliance. It Continue reading

For decades, age 65 was seen as the clear line between working life and retirement in Canada. That assumption is now fading. The federal system has evolved, giving seniors more flexibility in when and how they retire, how they receive their benefits, and how long they continue earning income. Today, retirement at 65 is no Continue reading

The Canada Revenue Agency has confirmed that Canada Pension Plan contribution rules for 2026 will follow the scheduled enhancement framework already built into federal legislation. That means higher pensionable earnings thresholds and adjusted contribution limits are coming, and both employees and employers need to prepare before the new year begins. For millions of Canadians, CPP Continue reading

As the 2026 tax year approaches, many Canadians are reviewing their savings strategies and planning their contributions to registered accounts. One area drawing serious attention is the Tax-Free Savings Account (TFSA). With contribution limits expected to adjust and enforcement measures becoming stricter, the Canada Revenue Agency is increasing scrutiny on over-contributions and related penalties. While Continue reading

A new Canada GST Credit top-up has been confirmed, and millions of eligible Canadians can expect additional support as the next payment cycle approaches. With affordability pressures still weighing on households across the country, this enhanced Goods and Services Tax (GST) Credit payment is designed to provide targeted financial relief to low- and modest-income individuals Continue reading