Canadian seniors can now look forward to a more financially secure retirement with the introduction of a major update to the Canada Pension Plan (CPP) set to take effect in 2025. This enhancement—ranging from $816.52 to $1,364.60 per month—aims to provide greater economic stability for retirees amid rising living costs. With changes to payment amounts, … Read more
Canada’s public pension system is stepping up support for retirees. Starting in 2025, eligible Canadians could receive up to \$1,560 per month through the Canada Pension Plan (CPP)—the program’s highest monthly payout to date. This article explains who qualifies, how CPP works, when payments arrive, and how to apply so you can make the most … Read more
Canada’s Canada Pension Plan (CPP) has undergone a significant upgrade in 2025, delivering increased financial support to eligible seniors. The federal government has approved a new maximum monthly CPP payment of $1,560, marking one of the most substantial hikes in recent years. This update is part of the government’s long-term strategy to ensure retirement security … Read more
Canada’s retirement system is evolving—and 2025 marks a pivotal year in the Canada Pension Plan (CPP). For millions of Canadians, these changes bring good news: higher pensionable earnings, larger retirement benefits, and more room for long-term financial planning. But it also comes with increased contributions, especially for high-income earners and the self-employed. If you’re working, … Read more
For Canadian retirees, every dollar counts. That’s why many are taking a closer look at how to get the most out of their Canada Pension Plan (CPP) and Old Age Security (OAS) benefits. With the right strategy, you could increase your annual income by up to \$4,000 or more simply by timing your benefits wisely. … Read more
The Canada Pension Plan (CPP) is undergoing major updates in 2025, and every working Canadian—from new graduates to soon-to-be retirees—should take notice. These changes mark a critical stage in the CPP enhancement strategy launched in 2019. The goal is clear: contribute more today to receive greater financial stability in retirement. Whether you’re a salaried employee, … Read more