Central Valley Business Times

Raising children is one of life’s greatest joys, but it comes with significant financial responsibility. In Ontario, many families face the challenge of covering the high cost of raising children, with expenses often reaching upwards of $10,000 to $15,000 annually per child. Fortunately, the provincial government has put measures in place to help alleviate some Continue reading

Many Ontario residents are facing financial challenges, struggling to cover the basic necessities of life such as food, shelter, and healthcare. Fortunately, the provincial government offers programs like Ontario Works (OW), which provides essential financial assistance to low-income families and individuals. If you’re one of the many Ontarians relying on this program, it’s important to Continue reading

In 2025, seniors in Canada are set to receive a one-time payment of $2,385, a combination of several key benefits: the Canada Pension Plan (CPP), Old Age Security (OAS), and Guaranteed Income Supplement (GIS). This payment aims to provide financial relief to Canadian seniors, helping them cope with the increasing cost of living. Below is Continue reading

In 2025, Canadian seniors are set to receive enhanced financial support through the Old Age Security (OAS) program. A notable feature of this enhancement is the $1,200 OAS benefit increase, designed to assist eligible individuals in managing the rising cost of living. This article provides a detailed overview of the OAS benefit changes, including eligibility Continue reading

The Canada Pension Plan (CPP) underwent significant enhancements in 2025, impacting both contributions and future retirement benefits for Canadian workers. These changes are part of a multi-year plan initiated in 2019 to strengthen retirement income security. This article delves into the specifics of the CPP increase in 2025, focusing on contribution rates, maximum pensionable earnings, Continue reading

As April 2025 approaches, Canadians can anticipate several government benefit payments designed to provide financial support for various needs. Understanding these benefits, their eligibility criteria, and payment schedules is crucial for effective financial planning. Below is a comprehensive guide to the top five benefit cheques expected in April 2025. 1. Goods and Services Tax/Harmonized Sales Continue reading

For many veterans, VA benefits are a crucial source of financial support, covering daily expenses such as housing, food, transportation, and healthcare. Understanding the VA Benefits Payment Schedule April 2025 is essential for financial planning, ensuring you receive your payments on time and avoid delays. This guide provides a detailed breakdown of the VA Benefits Continue reading