Finance

The Scottish Government’s latest statistics highlight that approximately 850,000 individuals in Scotland live with some form of hearing loss. A staggering 70% of these individuals are over 70, meaning about 595,000 people are affected by age-related hearing conditions. This aligns with broader trends in Great Britain, where around 12 million adults experience hearing loss or Continue reading

As Canada enters 2025, many Canadians are navigating financial challenges such as rising inflation, increasing housing costs, and higher grocery prices. Amid these pressures, the Canada Revenue Agency (CRA) remains a crucial source of financial relief for individuals and families. Through its various benefit programs, the CRA disburses billions of dollars every year, offering support Continue reading

If you’re a parent in Canada, there’s a good chance that a financial boost is coming your way this week. The Canada Child Benefit (CCB) payment for March is set to arrive soon, offering extra funds that could help cover everything from daycare expenses to groceries or even that last-minute purchase you didn’t plan for. Continue reading

Prime Minister Mark Carney wasted no time addressing a major point of contention in Canadian politics by eliminating the consumer carbon tax that had been a hot topic for conservatives in recent years. Just hours after being sworn in as Canada’s 31st Prime Minister, Carney signed an order-in-council that officially repealed the tax, effective April Continue reading

Millions of people who claim disability benefits may soon learn how proposed changes to the welfare system will impact their financial support. The Department for Work and Pensions (DWP) is expected to publish a new Green Paper and a public consultation document before Chancellor Rachel Reeves delivers the Spring Statement on March 26. However, recent Continue reading

A new online petition has gained significant traction, with over 5,600 signatures, calling on the UK Government to abolish the Basic State Pension and transition all current recipients to the New State Pension. The petition’s creator, Michael Thompson, further proposes increasing the New State Pension to a “substantial percentage of average earnings” to better support Continue reading

The Department for Work and Pensions (DWP) has recently announced major improvements to the Pension Credit application process. The new changes are designed to simplify and streamline the application process, making it easier for older individuals to access the financial support they are entitled to. This overhaul uses existing data within the department to reduce Continue reading

In a bold move to defend its steel and aluminum industries, Canada has announced the imposition of retaliatory tariffs on U.S. imported goods valued at C$29.8 billion ($20 billion), set to take effect on Thursday. This action comes as a response to U.S. President Donald Trump’s decision to implement tariffs on steel and aluminum imports, Continue reading

If you’ve purchased packaged bread in Canada anytime between 2001 and 2021, a $500 million settlement might soon put money back in your pocket, thanks to a nationwide class action lawsuit accusing major grocery chains of price-fixing. In a landmark decision, Loblaw Companies Ltd. and its parent company, George Weston Ltd., have agreed to settle Continue reading

If you’re a Canadian who enjoys occasional cross-border shopping or frequently orders from U.S. retailers online, you might want to prepare for a financial surprise. Canada has implemented a new 25% surtax on certain American goods, and it could impact everything from your next U.S. shopping spree to online purchases. Whether you’re crossing the border Continue reading