The Old Age Security (OAS) program, a cornerstone of Canada’s social safety net, provides monthly payments to eligible seniors aged 65 and older. In 2025, recipients can anticipate both predictable payment dates and potential increases due to inflation adjustments. Here’s an overview based on official updates. OAS Payment Dates for 2025 The Government of Canada Continue reading
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The Beer Store Faces Mass Closures as Ontario’s Alcohol Market Transforms
The Beer Store, once the dominant force in Ontario’s beer retail market, is facing a wave of closures as competition intensifies. What was once a monopoly for beer sales in the province is now struggling to survive in the wake of policy changes that allow alcohol to be sold in convenience stores and grocery stores. Continue reading
Toronto Fifth Complex Sees Major Restaurant Closures—But a Big Comeback Is on the Horizon
Toronto’s vibrant restaurant and bar scene is ever-evolving, and few places reflect this transformation quite like The Fifth Complex at Richmond and Duncan. Once home to multiple thriving establishments, the historic venue has seen a wave of closures in recent years—some quietly fading away, others reshaped by necessity. Despite the recent shutdown of key spots Continue reading
Canada’s 2025 Study Permit Cap Revealed: Lower Allocations, Stricter Rules & Institutional Impact
The Immigration, Refugees and Citizenship Canada (IRCC) has finalized the 2025 study permit cap allocations, reflecting a 10% decrease from the previous year while expanding restrictions to include graduate students. The total number of study permits to be issued in 2025 has been set at 437,000, with 17% reserved for master’s and PhD students—a significant Continue reading
Bank of Canada Poised for Six Straight Rate Cuts Amid U.S. Tariff Fallout
In response to the economic turbulence triggered by Donald Trump’s 25% tariffs on Canadian goods, the Bank of Montreal (BMO) has significantly revised its interest rate outlook. The financial institution now projects that the Bank of Canada (BoC) will implement six consecutive quarter-point interest rate cuts, bringing the policy rate down to 1.5% by October. Continue reading
U.S. Goods Set to Spike in Price Across Canada as Tariffs Take Effect
In a major escalation of trade tensions, Prime Minister Justin Trudeau announced a sweeping 25% tariff on a wide range of U.S. products, set to make American goods significantly more expensive in Canada. The retaliatory move, unveiled on February 1st, targets $155 billion worth of American imports, with the first $30 billion in tariffs taking Continue reading
Trump’s Tariffs Spark Market Chaos: Dollar Surges, Global Stocks Tumble Amid Economic Concerns
Markets were left reeling on Monday after President Donald Trump’s decision to impose sweeping tariffs on key imports, leading to significant movements in global currencies and equity markets. The dollar surged while international markets plunged as traders scrambled to evaluate the broader economic impact of the tariff measures. Tariffs Hit Hard: Dollar Strengthens, Global Markets Continue reading
Ontario Braces for Major Snowfall and Freezing Rain This Week: Weather Alert from Environment Canada
Ontario residents are being warned to prepare for a significant winter weather event this week, as Environment Canada forecasts a multi-day snowfall and freezing rain storm that could impact the entire province. The storm is expected to bring a mix of heavy snow, freezing rain, and icy conditions, posing potential risks to travel, safety, and Continue reading
Walmart, Loblaws, and Other Ontario Stores Recall Hazardous Products: Health and Safety Concerns for Shoppers
Ontario residents are being urged to check their households for several recalled products from major retailers like Walmart and Loblaws this week. These items may present health hazards ranging from choking risks to burns and allergic reactions. Here’s what you need to know about the latest product recalls in Ontario: 1. Century Brand Flaked Light Continue reading
$25 Million Lotto Max Jackpot Won in Ontario: Lucky Willowdale Player Scores Big
Ontario is celebrating another huge win, as a lucky player in North York’s Willowdale neighborhood woke up $25 million richer after the Lotto Max draw on Friday, January 31. The Ontario Lottery and Gaming Corporation (OLG) confirmed that the winning ticket, which claimed the massive jackpot, was purchased in the Willowdale area. The fortunate winner Continue reading