A Tax Season Gone Wrong for Thousands of Canadians Tax season in Canada took a shocking turn in 2025 when a series of technical glitches in TurboTax, one of the country’s most popular tax filing platforms, caused widespread issues for users. Many Canadians who relied on the software to file their taxes correctly are now Continue reading
Sophie Wilson
Sophie Wilson is a finance professional with a strong academic background, having studied at the University of Toronto. Her expertise in finance is complemented by a solid foundation in analytical and strategic thinking, making her a valuable asset in the financial sector.
Say Goodbye to Tax Season Confidence: TurboTax Glitch Leaves Canadians with Thousands Owed to CRA and Unexpected Audit Fines
For countless Canadians, filing taxes is already a stressful annual obligation. But for many users of TurboTax, the popular tax preparation software, the 2025 tax season turned into a financial nightmare. Due to a critical glitch labeled Error 90308, users are now reporting unexpected audits, thousands of dollars owed to the Canada Revenue Agency (CRA), Continue reading
Canada Pension Increase 2025: What Retirees Need to Know About the 2.6% CPP Adjustment and How It Impacts You
With the cost of groceries straining over 51% of Canadian households and rent rising nearly 9% year over year, the Canada Pension Increase 2025 comes as a welcome relief to many retirees. But the question remains: Will a 2.6% bump in your Canada Pension Plan (CPP) benefits be enough to keep up with inflation and Continue reading
Hidden Wealth in Your Wallet: The Most Valuable $2 Bills to Look for in 2025
The humble $2 bill, often seen as a novelty or collector’s item, is experiencing a major resurgence in 2025. Once overlooked, certain editions of this unique denomination are now being sold for hundreds—or even thousands—of dollars. Whether you’re a serious collector or just curious about what’s in your wallet, here’s everything you need to know Continue reading
Say Goodbye to Oversight Failures: Cash App Owner Block Fined $40 Million by New York for Lapses in Anti-Money Laundering Compliance
Block Inc., the financial technology company founded by Twitter co-founder Jack Dorsey and the parent of popular mobile payment platform Cash App, has agreed to pay a $40 million civil penalty to the New York Department of Financial Services (NYDFS). The settlement addresses the company’s significant compliance failures in monitoring for money laundering and enforcing Continue reading
USD/CAD Rally: Canadian Dollar Surges as Currency Pair Breaks Down Below Key 1.4000 Level
Largest Sell-Off in Over Four Years Signals Return to Long-Term Range for USD/CAD The USD/CAD currency pair is undergoing a dramatic reversal in what is shaping up to be its largest sell-off since 2020, pulling back from its multi-year highs to re-enter a long-standing range that has been in play since 2016. Once soaring with Continue reading
How to Qualify for the $7,000 Government Grant for Individuals in Canada 2025 Through SSHRC Connection Grants
If you’re a Canadian academic, non-profit leader, or community organizer with a passion for research, collaboration, or public engagement, the $7,000 government grant for individuals in Canada through the SSHRC Connection Grants program may be the perfect funding opportunity to bring your ideas to life. This article provides a full breakdown of what the Social Continue reading
3 CRA Relief Payments for Seniors in 2025: Full Guide to Financial Support Programs for Older Adults in Canada
The Canada Revenue Agency (CRA) continues its efforts to support low- and moderate-income seniors with various relief payments for seniors in 2025. With rising inflation, housing costs, and medical expenses placing more pressure on older Canadians, these government benefits are critical in helping retirees maintain financial stability and a decent quality of life. Below is Continue reading
$25,000 Government Grants for Seniors 2025-2026: Eligibility & How to Apply
The Ontario government has officially opened applications for the 2025–26 Seniors Community Grant Program, an initiative that supports local community groups and not-for-profit organizations in delivering programs tailored to Ontarians aged 55 and older. This program provides a powerful opportunity for seniors across the province to remain active, socially connected, and empowered through lifelong learning Continue reading
CRA $2700 Direct Deposit Eligibility 2025: The Truth Behind the Viral CPP Payment Buzz
There’s been a lot of online chatter and confusion surrounding a $2700 direct deposit from CRA that many Canadians, especially seniors, believe is coming in April 2025. While the Canada Revenue Agency (CRA) has announced regular increases and support initiatives through the Canada Pension Plan (CPP), claims about a one-time $2700 payment need careful clarification. Continue reading