Finance

As of March 4, 2025, the U.S. and Canada are officially locked in a trade war, and it’s about to put a strain on your wallet. Canada has implemented a 25% tariff on a vast array of American goods, ranging from food items to alcohol and beauty products, and prices for everyday items are expected Continue reading

The Financial Impact of Trump’s New Tariffs on Car Prices The newly imposed tariffs by President Donald Trump could significantly increase the price of some new vehicles by as much as $12,000, according to a recent study by Michigan-based automotive consultant Anderson Economic Group. These new tariffs were introduced on Tuesday and include a 25% Continue reading

The USD/CAD currency pair continues its downward trajectory, hovering near 1.4400 during early European trading hours on Wednesday. Mounting concerns over slowing US economic growth and the impact of newly imposed tariffs are weighing on market sentiment, while expectations of rate cuts from the Bank of Canada (BoC) add further complexity to the outlook for Continue reading

Centrelink recipients are being reminded to promptly inform Services Australia of any changes that could affect their payments. Failure to do so may result in overpayments, which must be repaid. According to Services Australia community information officer Justin Bott, many recipients mistakenly believe that Centrelink can access their bank balances. This misconception leads some people Continue reading

TD Bank customers expressed frustration and concern on Monday morning after experiencing widespread outages of the bank’s online and mobile services. The technical disruption affected customers across Canada and the U.S., causing a significant inconvenience for those trying to access their accounts. According to a TD Bank spokesperson, the problem stemmed from a software issue Continue reading

In a significant legal development, Canadians can now claim a portion of an $8.5 million class-action settlement with TD Asset Management Inc. following a ruling by the Ontario Superior Court of Justice. The settlement, announced by Kalloghlian Myers LLP on Monday, resolves claims related to the improper payment of trailing commissions to mutual fund dealers, Continue reading

As Canadians continue to face soaring grocery prices, escalating housing costs, and an overall rising cost of living, many are struggling to make ends meet. The financial strain is especially tough on families, with food bank usage hitting record highs and increasing unemployment further exacerbating the situation. Fortunately, there are several financial benefits available to Continue reading

In the face of escalating tensions with its southern neighbor, Prime Minister Justin Trudeau has made it clear that Canada is prepared for a full-scale trade war with the United States. As U.S. President Donald Trump’s highly anticipated 25% tariffs on Canadian goods came into effect at midnight on Tuesday, Trudeau issued a stern statement Continue reading

As we step into March, a fresh round of government payments is on the horizon for Ontarians, with the Ontario Trillium Benefit (OTB) making its next payout. For many, this extra financial boost can help cover essential living expenses such as energy bills, property taxes, and more. With rising costs of living, the OTB offers Continue reading