What Happens if you Overcontribute to CPP in 2025? A Complete Guide
Navigating your tax return can be challenging, especially when it comes to Canada Pension Plan (CPP) and Quebec Pension Plan (QPP) contributions. Here’s a comprehensive […]
Articles by Sophie Wilson
What the US New $10 Bill Means for the Economy: The Future of U.S. Currency
The United States is set to redefine its currency landscape with the introduction of a redesigned $10 bill, scheduled to debut in 2026. This groundbreaking […]
USD/CAD Defends Bullish Momentum Amid Turbulence: Will the Breakout Materialize?
The USD/CAD currency pair has shown resilience, bouncing back from a one-month low of 1.4259 to chart a fresh four-year high at 1.4514. This recovery […]
Will a Weak Canadian Dollar Stoke Inflation? The Ripple Effect
As Donald Trump assumes the presidency in the United States, the specter of aggressive tariffs looms large. This could have profound implications for the Canadian […]
Why Will You Receive an Additional CPP Payment in 2025?
The Canada Pension Plan (CPP) has undergone significant changes in recent years, all aimed at increasing retirement income for working Canadians and their families. The […]
CRA Inflation Relief Payment: $1200 Extra OAS Deposit for Canadian Senior Citizens
In response to rising inflation, the Canadian government has introduced additional support for senior citizens through a $1,200 extra Old Age Security (OAS) payment. This […]
CRA to Review Benefits for 200k Canadians in 2025: What You Need to Know
The Canada Revenue Agency (CRA) is preparing for its annual benefits review in 2025, which means approximately 200,000 Canadians will receive letters requesting updated information. […]
How Potential Tariffs Could Affect Your Wallet: What You Need to Know
The possibility of tariffs has been making headlines, with U.S. president-elect Donald Trump suggesting a 25% levy on Canadian goods. While the primary focus is […]
6 Unique Canadian Coins to Watch for in 2025, Including a Stunning Light Blue Toonie
Discover the exciting new additions to Canadian coinage that could end up in your change this year! The Royal Canadian Mint has introduced a range […]
$300 Extra Canada Child Benefit Payments in 2025 If You Live in These Provinces: Check it out
Raising kids in Canada comes with unique financial challenges, but the Canada Child Benefit (CCB) is here to help. Administered by the Canada Revenue Agency […]