canada

$713.34 Old Age Security Pension In October 2024: Only These Seniors will get it, Check Eligibility & Date

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$713.34 Old Age Security Pension

Eligible Canadian seniors will receive up to $713.34 in October 2024 under the Old Age Security (OAS) Pension program. This federal benefit provides financial support for those aged 65 and older. To qualify, seniors must meet specific age, residency, and citizenship requirements. Additional benefits like the Guaranteed Income Supplement (GIS) can further increase payments. Seniors should apply early to avoid delays and ensure timely payment.

Canada October $1606 Disability Benefit: Check Eligibility To Claim it, Credit Date

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Canada October $1606 Disability Benefit

Canada’s disability benefits system offers financial relief to individuals unable to work due to severe and prolonged disabilities. As of October 2024, the CPP Disability Benefit provides up to $1,606.78 per month, with eligibility based on age, contributions, and disability criteria. The upcoming Canada Disability Benefit (CDB) aims to support low-income Canadians with disabilities starting in 2025. This article guides you through eligibility, application, and common challenges.

$7,500 Canada Tax Credit Approved in October: How to Claim it? Eligibility, Payment Dates

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$7,500 Canada Tax Credit Approved in October

In October 2024, Canada introduced a $7,500 Multigenerational Home Renovation Tax Credit to support families creating secondary living units for seniors or disabled individuals. This tax credit aims to encourage multigenerational living, offering a refundable credit of up to $7,500 for eligible renovations. Homeowners can claim the credit on their 2024 tax return. Learn about eligibility, qualifying expenses, and how to claim the credit in this comprehensive guide.