Canada Pension Plan (CPP) is a pension program provided to retirees across the country. The Government of Canada provides the CPP plan to economically support the elderly citizens of the country. The workers contribute to CPP during their working years. After their retirement they can take advantage of the CPP benefits. The expenses of the … Read more
Canada Pension Plan (CPP) is a pension program provided to retirees across the country. The Government of Canada provides the CPP plan to economically support the elderly citizens of the country. The workers contribute to CPP during their working years. After their retirement they can take advantage of the CPP benefits. The expenses of the … Read more
In Canada, the majority of people live a healthy and high quality life. Moreover, the Canadian Government provides various financial benefits to support the low-income families of the country. To know more about the financial situation of the Canadian citizens, it’s important to have knowledge about Canada’s Average middle class and Province Wise Income. Average … Read more
The Two-Child Benefit limit that was implemented in April 2017 in the United Kingdom is still a contentious issue that is being discussed. Within the scope of this policy, the financial help that is made available to families who are claiming benefits, such as Universal Credit and Child Tax Credit, is restricted to the first … Read more
The education that Canada provides ranks as one of the best educations in the world. Canadian students and international students pursue education from Canadian institutions. But as we know Canada is an expensive country with a good standard of living. Educational expenses can create a financial burden on the students and their families. That’s the … Read more
Amid the continuous crises caused by the rising cost of living in the United Kingdom, the Department of Work and Pensions (DWP) has been a key figure in giving financial assistance to families who are eligible for it. It is anticipated that the last instalment of 299, which is a component of a larger 900 … Read more
Every individual or a family wants to live a healthy and secured life. However, this year was really hard on low-income families. Inflation is rising and people with fixed or low incomes are facing financial hardship in maintaining a balance between their expenses and a healthy life. Amidst all this, the Department for Work and … Read more
The Goods and Services Tax /Harmonized Sales Tax Credit is a tax-free credit introduced by the government of Canada to support the low and moderate income families. The payment is usually made in January, April, July and October (once in three months). The GST/HST Credit aims at providing relaxation in the Goods and Services Tax. … Read more
Due to rising inflation and changes in the cost-of-living, the government of Canada has decided to increase the wages of the people. However, the wages will differ according to the province. Each Province sets its hourly wage according to the inflation and quality of life. As cost-of-living is increasing, the Government of Canada is putting … Read more
Canada Disability Benefit was formed to provide financial backup to the disabled people with low-income. The CDB is identified as Charter Statement 22. On June 22, 2023, the Canadian government approved the bill. In late 2023, the CDB bill C-22 got a royal assent. The CRA administers the Canada Disability Benefit (CDB). CDB is a … Read more