March has arrived, bringing with it a new round of government payments that many Canadians will be looking forward to. For those living in Ontario, the Ontario Trillium Benefit (OTB) payment for March 2025 is just around the corner, and it could be the financial boost you need to cover essential costs like energy bills Continue reading
Finance
Will You Receive the $445 Canada Family Benefit in 2025? Check Eligibility and Payment Dates
In 2025, Canadian families will see a new monthly financial boost with the introduction of the $445 Canada Family Benefit. This initiative aims to alleviate the financial strain many families face due to rising living costs and expenses associated with raising children. As families across the country eagerly anticipate the additional support, it’s crucial to Continue reading
Growing Canada’s Future How Agriculture Can Drive a New Era of Exports
Canada’s Agricultural Trade Dominance: Opportunities and Challenges for the Future Canada’s agriculture and agri-food industry have undergone a remarkable transformation in recent decades, positioning the country as a key player in global food markets. More than $100 billion worth of agricultural and agri-food products cross Canada’s borders every year, with the U.S. importing nearly 60% Continue reading
March 2025 Government Benefits Payment Dates for Canada Child Benefit, CPP, OAS, ODSP, and More How to Apply and What to Expect
March is bringing essential financial support to thousands of Canadian households. Various government benefits, including the Ontario Trillium Benefit (OTB), Canada Child Benefit (CCB), Canada Pension Plan (CPP), Old Age Security (OAS), Ontario Disability Support Program (ODSP), and Veteran Disability Pensions, will be disbursed throughout the month. Here’s everything you need to know about these Continue reading
3 New CRA Benefit Payments for Ontario Residents Coming in March 2025
As March 2025 sweeps across Ontario, residents from the bustling streets of Toronto to the serene landscapes of Northern Ontario are eagerly anticipating the next round of Canada Revenue Agency (CRA) benefit payments. With ongoing challenges in managing living costs, particularly housing, groceries, and utilities, the government’s continued support in the form of three crucial Continue reading
US Tariff Concerns Fuel Expectations for BOC Rate Cut BBH
Canada’s economic landscape is expected to face a period of subdued growth, as the outlook for business investment remains muted. The latest market expectations indicate that there is more than a 50% chance of the Bank of Canada (BoC) implementing a 25 basis point (bps) policy rate cut in March. Over the next 12 months, Continue reading
Is Transferring Your RRSP for a Bonus in 2025 Worth It? Key Factors to Consider First
As Canadians navigate the challenges of a higher cost of living, many are finding it difficult to contribute to their Registered Retirement Savings Plan (RRSP) this year. A recent survey by Edward Jones Canada revealed that one in ten of the 1,528 people surveyed reported being unable to invest in their RRSPs at all. With Continue reading
Canadian Dollar Falls to 3-Week Low as Hopes for Tariff Relief Diminish
The Canadian dollar experienced a notable decline on Thursday, hitting a three-week low against its U.S. counterpart, following U.S. President Donald Trump’s confirmation that tariffs on Canadian goods would take effect on March 4. This statement clarified earlier uncertainties regarding the timing of the tariffs, effectively extinguishing any hopes that the imposition might be postponed. Continue reading
While many Canadian pension funds acknowledge the urgency of climate change, some remain indifferent
Canada’s national pension system is under fire for not meeting its climate change commitments, as leading watchdog group Shift Action for Pension Wealth and Planet Health calls out the country’s pension plans for their lack of progress in a new report. While some of Canada’s top pension funds have made significant strides toward addressing climate-related Continue reading
How Your Net Income is Calculated for Taxes and OAS
Understanding your net income and how it’s calculated is crucial when it comes to managing your finances and minimizing tax liabilities in Canada. The Canada Revenue Agency (CRA) has a specific formula for determining personal income tax, and it’s essential to understand each step of the process to make the most of tax deductions and Continue reading