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The Quebec government has announced a temporary suspension of subsidies for electric vehicle (EV) purchases under the Roulez vert program. The suspension will take effect from February 1 to April 1 next year due to insufficient funds in the program. Here’s everything you need to know about the impact of this decision. Temporary Halt on Continue reading

As the new year begins, Canadians are in for a financial boost with the first payment of the Goods and Services Tax (GST) Credit for 2025. This quarterly payment is designed to help low- to moderate-income households cover the costs of everyday goods and services, offering much-needed relief during tough times. What is the GST Continue reading

In a move to ease the financial burden of property taxes, the Government of British Columbia has raised the eligibility thresholds for both the renter’s tax credit and homeowner’s grant for the 2024 tax year. These adjustments aim to help more residents access valuable relief, particularly renters and homeowners struggling with rising property costs. Renters Continue reading

Over the holidays, many Canadians received an unexpected e-transfer of $36.29 from MNP, a Canadian accounting firm. While a holiday gift would be a pleasant surprise, this particular payment is tied to a class action lawsuit settlement involving Facebook and its parent company Meta. The settlement addresses allegations that Facebook used users’ images without their Continue reading

The USD/CAD pair has halted its two-day rally, trading at approximately 1.4370 during the Asian trading hours on Thursday. This downside correction in the pair is mainly attributed to a retreat in the US Dollar, following its recent surge. The US Dollar Index (DXY), which measures the US Dollar’s strength against six major currencies, is Continue reading

The first GST/HST payment of 2025 is scheduled to be deposited into the accounts of eligible Canadians tomorrow, marking the start of a new year of government support for lower-income individuals and families. These quarterly payments aim to provide financial relief for households facing rising costs of living. In addition to the GST/HST credit, Canadians Continue reading

It’s no secret that the growing cost of living has left many British Columbians feeling the pinch in 2024. With the new year approaching, 2025 is shaping up to deliver another round of financial pressures. Prices on fuel, housing, food, and transportation are all expected to rise again. However, there are a few silver linings Continue reading

Inflation in Montreal is slowing down, but residents will still feel its effects in several areas in 2025. From higher grocery bills to rising vehicle registration fees, here’s a breakdown of how inflation, cost-of-living adjustments, and economic changes will affect Montrealers this year. Grocery Prices Are on the Rise Montrealers should brace for higher food Continue reading

The Canadian immigration system has seen significant changes in 2024, with the Immigration, Refugees, and Citizenship Canada (IRCC) working to improve the efficiency and accessibility of services. These changes aim to streamline the immigration process for applicants and reduce waiting times. High Volume of Applications: An Ongoing Challenge for IRCC The IRCC continues to manage Continue reading

According to the 15th edition of Canada’s Food Price Report, food prices in Canada are expected to rise significantly in 2025. This comprehensive report, a collaboration among Dalhousie University, the University of Guelph, the University of Saskatchewan, and the University of British Columbia, offers essential insights into food price trends and the factors driving these Continue reading