Finance

In March 2025, seniors aged 60 to 70 in Canada will see a significant boost to their Canada Pension Plan (CPP) payments, with some eligible retirees receiving up to $1,599 in additional income. This increase is a welcome change for many individuals approaching retirement or already receiving CPP benefits, enhancing their financial security during their Continue reading

If you’re a parent in Canada or are planning to start a family in 2025, understanding the Canada CRA Parental Benefits Payment system is essential. These benefits are designed to reduce the financial pressure on families during critical early stages of child development. In this comprehensive guide, we’ll explain everything you need to know about Continue reading

As the next round of Canada Pension Plan (CPP) payments is set to hit bank accounts on March 27, 2025, Canadians are gearing up for an important financial moment. Whether you’re nearing retirement, new to Canada, or simply curious about how CPP can benefit you, this is the ultimate guide to everything you need to Continue reading

Planning for retirement is one of the most crucial financial steps Canadians can take. Among the most important resources for retirement is the Canada Pension Plan (CPP), which provides regular monthly payments to retirees who have contributed during their careers. Understanding how the system works and how to optimize your benefits can make a significant Continue reading

Tax season in Canada is officially here, and many Canadians are wondering how they can maximize their tax refund — or at least minimize their tax burden. With the Canada Revenue Agency (CRA) offering a variety of tax credits and deductions for the 2024 tax year, some of these benefits may go under the radar, Continue reading

Starting on April 1, 2025, Canadian workers will experience a significant increase in their paychecks as the federal minimum wage, along with those in four Canadian provinces, is set to rise. This boost aims to support workers who have been grappling with inflation and the rising cost of living. These adjustments are a step toward Continue reading

In a world where most coins and bills are worth only their face value, certain rare currency notes can fetch eye-popping prices on the collector’s market. Among them are $2 bills, which, under the right circumstances, could be worth up to $20,000 or more. What makes these particular bills so valuable? Let’s take a closer Continue reading

The end of March brings a crucial date for many Canadians as key government payments for March 2025 are about to be distributed. If you’re expecting Canada Pension Plan (CPP), Old Age Security (OAS), Ontario Disability Support Program (ODSP), or Veteran Disability Pension payments, here’s everything you need to know to ensure your finances are Continue reading

In a move aimed at revitalizing Canada’s economic landscape and addressing concerns from business owners and industry leaders, Prime Minister Mark Carney’s office confirmed on Friday that the government will cancel the proposed hike in the capital gains inclusion rate. This tax reform, which had faced significant backlash, will no longer be implemented, offering relief Continue reading

As March rolls in, many Canadian seniors are looking forward to receiving their next round of pension payments, including the Canada Pension Plan (CPP) and Old Age Security (OAS). These government payments offer crucial financial support, especially for seniors looking to manage the rising costs of everyday life in retirement. If you’re one of the Continue reading