$500 Canada Housing Support Confirmed for Eligible Tenants: Income Rules and Deposit Details

The Canada Revenue Agency (CRA) is expected to administer a one-time $500 Canada Housing Benefit payment in February 2026 to support eligible low- and moderate-income renters facing high housing costs. The payment is designed as temporary financial relief, not an ongoing monthly program. Eligible renters who meet income and residency requirements can expect the lump-sum … Read more

$500 Canada Housing Benefit in February 2026: Income Rules, Eligibility and February Payment Timeline

Housing affordability remains one of the most serious financial challenges facing Canadians. Rental prices in major cities continue to climb, while grocery bills, transportation expenses, and utility costs remain elevated. As a result, many households are struggling to balance monthly budgets. In response to ongoing cost-of-living pressures, the federal government is preparing to issue a … Read more