Sophie Wilson In the dynamic landscape of Canadian banking, the quest for the ideal financial institution is an endeavor fraught with choices. To aid you in this crucial decision-making process, we will evaluate the best Canadian banks, surpassing conventional norms to provide an unparalleled banking experience. Best Banks in Canada 2024 1. RBC Royal Bank: Best Bank … Read more
Maximize your benefits with this essential information about the Child Tax Credit from the IRS for the USA in 2024, including the expected refund amount, payment dates, and eligibility requirements. Stay updated on how much you can receive and when to expect your payments. Unlike 2021, there are no monthly advance payments for the Child … Read more
The Canada Revenue Agency (CRA) administers various benefits and payments to support Canadians throughout the year. As we enter 2024, it’s important to stay informed about the scheduled payment dates and the types of benefits available. Here’s a comprehensive guide on what we know so far about the CRA benefit and payment dates for 2024. … Read more
The Guaranteed Income Supplement (GIS) is a vital financial support program designed to help low-income seniors in Canada. This benefit is an addition to the Old Age Security (OAS) pension, providing extra income to those who need it most. Here’s a comprehensive guide to understanding what the GIS is, who is eligible, and how you … Read more
The Canada Disability Benefit is a significant new initiative introduced by the federal government to provide financial support to Canadians living with disabilities. In 2024, this benefit aims to reduce poverty and improve the quality of life for disabled individuals across the country. Here’s an overview of what the Canada Disability Benefit entails, who is … Read more
Passive income is a powerful way to grow your wealth without the need for active, day-to-day management. For Canadians looking to build a steady stream of income, there are several investment options that can provide reliable returns with minimal effort. Here are the top three best passive income investments for Canadians in 2024. 1. Dividend-Paying … Read more
The Tax-Free Savings Account (TFSA) is one of the most popular and flexible investment vehicles available to Canadians. Each year, the Canadian government sets a contribution limit, allowing individuals to save and invest money tax-free. For 2024, the TFSA contribution limit has been announced, and it’s essential to understand how much you can save and … Read more
Discover the hidden benefits of ODSP, including common disabilities that qualify and additional perks you might not be aware of. Learn about the extra support and services available to maximize your Ontario Disability Support Program benefits. Stay informed and make the most of your entitlements. Disclaimer: Determining eligibility for ODSP is a complex process that … Read more
Canada’s pension plan, managed by CPP Investments (CPPIB), could be investing significantly more in domestic infrastructure such as housing and transportation. However, current figures show that while 42% of the fund’s value is invested in the U.S., less than 12% is invested in Canada. The Shift in Investment Focus Back in 2007, 55% of the … Read more
CIBC Innovation Banking has recently announced a $4.5 million CAD investment in Wisedocs. This Canadian InsurTech company specializes in AI-powered software that streamlines the medical claims review process for the insurance industry. How Wisedocs Works Wisedocs’ AI platform efficiently summarizes complex medical records, allowing for faster and more cost-effective claim evaluations. This technology is designed … Read more