Janice Bill C-22 became law after receiving Royal Assent on June 22, 2023, which is very good news. When Canada Disability Benefits Bill C-22 received Royal Assent in June 2022, the CDB had not yet come into force and its details were still being worked out. Once the details are finalized, officials will formalize them and … Read more
When it comes to managing your finances, understanding the different interest rates offered by banks is crucial. Scotiabank, one of Canada’s leading financial institutions, offers a variety of financial products and services, including Guaranteed Investment Certificates (GICs), Prime rates, and Mortgage rates. In this article, we will read about what is Scotiabank’s GIC rates, Prime … Read more
Numerous programs are managed and operated by the Service Canada department for the benefit of Canadians. These programs aim to improve Canada’s population’s financial situation, promote social welfare, and reduce poverty. To support citizens’ ongoing development, the federal government of Canada offers a variety of programs to individuals across all age groups. The “Guaranteed Income … Read more
Service Canada department runs a financial program called “Old Age Security” for old age citizens of Canada. This program will allow old individuals to receive monthly pension from the Government of Canada. Generally, Service Canada will inform the individuals if they are already enrolled automatically. If you are not yet enrolled with the program, you … Read more
If you are at least 60 years old or have made any valid contribution to the CPP, then you are eligible for the Canada Pension Plan (CPP). CPP Canada Pension Plan is such a government scheme in which a part of your income is transferred to you when you retire. This is a monthly taxable … Read more
£299 is being given to millions of families in the UK in the form of “Cost of Living Payment” in the year 2024 in spring. The government of the United Kingdom has taken this decision due to handled inflation so that the citizens of UK can be able to fulfill their daily needs. The government … Read more
Canadian residents who are thinking about buying a new home, are saving money to buy a new home, or are saving money to do renovation work on their home. For these Canadian citizens, the Government of Canada is offering the “Canada Housing Benefit 2024”. This is a way in which the Government of Canada is … Read more
To be eligible for the CPP Benefit, a person must be at least 60 years old and have made valid contributions to the programme up until that point. The individual’s claim for the CPP Benefit’s lateness has an impact on the CPP amount as well. The amount of benefits a person receives depends on how … Read more