TCFFCA Magazine

As we move into 2024, the prospect of $1,200 monthly stimulus checks has generated significant interest across various demographics. These payments, designed to provide financial relief to individuals and families, are expected to support millions of people facing economic challenges. This article will cover everything you need to know, including eligibility requirements, payment dates, and Continue reading

The Immigration, Refugees, and Citizenship Canada (IRCC) has launched two key Caregiver Pilot Programs that offer pathways to permanent residency for foreign nationals working as caregivers in Canada. These programs—Home Child Care Provider Pilot and Home Support Worker Pilot—are designed to address the growing need for caregivers in Canada while offering skilled workers an opportunity Continue reading

The Guaranteed Income Supplement (GIS) is a crucial financial benefit for low-income seniors in Canada, providing additional support to ensure a better quality of life during retirement. For 2024, the Canadian government has introduced significant changes to GIS, aimed at increasing payments, adjusting eligibility criteria, and simplifying the process for recipients. In this article, we’ll Continue reading

Canadian Imperial Bank of Commerce (CIBC) has reached a settlement in a class action lawsuit that could mean compensation for certain customers. This lawsuit, involving millions of dollars, addresses allegations that CIBC failed to adequately pay employees for overtime work, resulting in violations of labor laws. If you are a CIBC employee or were impacted Continue reading

The Canada FPT deposit may have appeared in your bank account, leaving you wondering what it means and whether you qualify. These deposits are government payments aimed at providing financial support to Canadians through various tax credits and benefits. The “FPT” stands for Federal-Provincial/Territorial, signifying that the funds come from a collaboration between Canada’s federal Continue reading

The Canada Pension Plan (CPP) is one of the most important retirement, disability, and survivor income support programs for Canadians. In 2024, the CPP will see several updates, including new payment dates, enhanced disability benefits, and adjustments to contribution limits. This article will provide you with everything you need to know about the CPP in Continue reading

In 2024, there have been discussions about potential increases to the Old Age Security (OAS) payments for Canadian seniors, with rumors suggesting a significant boost of $1,400 per month. This has raised questions among seniors and their families about eligibility, the authenticity of this increase, and how to maximize their benefits. Let’s dive into what Continue reading

As Canadian seniors look toward retirement security, recent updates to the Canada Pension Plan (CPP) have been a topic of great interest. With a potential increase of up to $1,502 per month in CPP payments for those eligible, many seniors are eager to understand how this increase works, who qualifies, and when the payments will Continue reading