In a bid to ease the financial strain caused by rising living costs, the Australian Government has announced a $2,250 Pension Double Boost for Age Pensioners and Disability Support Pensioners (DSP) in May 2025. With prices for housing, healthcare, food, and energy on the
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In 2025, the Australian Government is rolling out a one-time $1,500 Centrelink boost to assist eligible individuals facing financial difficulties, especially those affected by family and domestic violence. This payment is part of a broader strategy to offer immediate
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In 2025, the Australian Government is rolling out a $1,490 one-off Centrelink payment as part of its broader cost-of-living relief efforts. This targeted support aims to assist vulnerable Australians, particularly those affected by economic hardship and specific life situations,
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As Canadian households grapple with escalating food prices, the federal government has introduced a new financial support measure: the Canada $628 Grocery Rebate, scheduled for June 2025. This one-time, tax-free payment aims to alleviate the burden of
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In May 2025, eligible Canadians can look forward to receiving the Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit, a tax-free quarterly payment designed to assist individuals and families with low to modest incomes in offsetting the GST
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Starting July 2025, Canadian seniors will see an increase in their Old Age Security (OAS) payments, reflecting adjustments based on the Consumer Price Index (CPI) to account for inflation. This annual adjustment aims to help seniors
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In a move that has stirred debate across the financial and environmental sectors, the Canada Pension Plan Investment Board (CPPIB) has withdrawn its net-zero carbon emissions pledge. The decision, announced in May 2025, makes CPPIB one of the
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In a proactive move to address the rising cost of living, the Canada Revenue Agency (CRA) has launched a $3,000 One-Time GST Rebate initiative aimed at low and middle-income Canadians. While most will see a $250 one-time payment, some select Canadians could benefit from enhanced
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Major updates are coming to Social Security retirement benefits in 2025, and they could directly impact when you should start collecting your monthly payments. The Full Retirement Age (FRA)—the age at which you can receive 100% of your Social
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In a move that promises significant financial relief for millions of Canadians, the Government of Canada has unveiled a major tax cut for middle-class families, starting in July 2025. The centerpiece of this tax relief package is a reduction in the lowest marginal
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