retirement income Canada

Canada Announces Mid-Year CPP Increase, Are You Eligible for the New Boost in Retirement Income?

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Millions of Canadians relying on the Canada Pension Plan (CPP) will see a welcome boost in their monthly payments from July through December 2025. In response to ongoing inflation and the rising cost of living, the federal government has officially confirmed a mid-year increase in CPP benefits—providing additional financial support to retirees, individuals with disabilities, … Read more

$2900 Canada Pension Plan Boost in 2025, Check Eligibility and Payment Dates

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In a notable move for Canadian retirees, the Canada Pension Plan (CPP) is seeing an annual payment boost of up to $2,900 in 2025. This increase is part of the federal government’s CPP enhancement strategy aimed at improving long-term retirement income for working Canadians. While the boost isn’t a lump sum, it translates to an … Read more