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Canada CPP Death Benefit $5,000 Increase: Is This True? Bill Proposal Explained


First published on Canada CPP Death Benefit $5,000 Increase: Is This True? Bill Proposal Explained

The Canada Pension Plan (CPP) death benefit currently provides a $2,500 lump-sum payment to help cover funeral expenses. A proposed bill suggests increasing the benefit to $5,000 for individuals with no survivors who haven’t collected CPP benefits. This article breaks down what the death benefit is, who qualifies, and what the potential increase could mean for Canadians.



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