Canadian Headline CPI Falls Short of Expectations in December
Canada’s inflation rate saw a slight decline in December 2024, according to Statistics Canada. The Consumer Price Index (CPI), which measures changes in the cost […]
Finance
January Old Age Security Payments Here’s What You Could Receive
January is already more than halfway over, and that means seniors across Canada can expect their first government benefit payments of the year soon. Among […]
Boost Your 2025 CCB Payments by Up to $300 If You Live in These Provinces
Hey parents! Did you know you could get more out of your Canada Child Benefit (CCB)? Beyond the federal payments, you may qualify for extra […]
USD/CAD Edges Higher on Modest USD Strength but Struggles to Break Past Mid-1.4300s
The US Dollar (USD) has recently gained traction, moving away from its two-week low retested earlier this week. This upward movement can be attributed to […]
Retirees 3 Major Updates to CPP and OAS You Need to Know for 2025
As a new year begins, Canadians can expect significant updates to Federal Government programs, including changes to the Canada Pension Plan (CPP) and Old Age […]
B.C.’s $1,000 Grocery Rebates Face Possible Cuts in Efficiency Review
B.C. Premier David Eby announced Thursday that the promised $1,000 rebate cheque, a central and costly pledge from the fall provincial election, might be reconsidered […]
Canadian Dollar Drops to Multi-Year Lows
The Canadian Dollar (CAD) has taken a hit, plunging to familiar multi-year lows last seen during the pandemic. This drop has pushed USD/CAD above 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 […]
Canada’s 2025 Tax Updates New Brackets, CPP Contribution Changes, and More
As we enter 2025, there are several updates to federal policies that could influence Canadians’ financial planning. While some adjustments are routine, others may require […]
Are CPP Contribution Limit Going up in 2025? Key Updates to Maximize Your Retirement Savings
The Canada Revenue Agency (CRA) has announced significant changes to the Canada Pension Plan (CPP) for 2025, aimed at enhancing retirement benefits for Canadians. With […]