CPP Death Benefit Increased to $5,000: Eligibility & Updated Dates (Bill C-69)

CPP Death Benefit Increased to $5,000:

The Canada Pension Plan (CPP) death benefit has been a cornerstone of financial support for families managing the loss of a loved one. Previously capped at $2,500, this one-time payment helps offset funeral and related expenses. With the passing of Bill C-69, the benefit amount is set to increase to $5,000, providing much-needed relief to … Read more