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 one-time payment is part of a broader relief effort aimed at helping seniors manage the increased cost of living. What is the $1,200 Extra OAS Payment? The $1,200 payment is Continue reading
Finance
USD/CAD Climbs Toward 1.4200 Ahead of FOMC Minutes Release
The USD/CAD currency pair continued its upward trajectory on Tuesday, hovering around 1.4195 during the late American session. This positive movement was driven by the hawkish remarks from Federal Reserve (Fed) officials, which provided robust support for the US Dollar (USD). Market participants are closely eyeing the upcoming release of the Federal Open Market Committee Continue reading
Loblaw to Invest $10 Billion Over Five Years, Opening 80 Stores in 2025
Loblaw Companies Limited is gearing up for a significant expansion in 2025, planning to open 80 new grocery and pharmacy locations across Canada, with about 50 of those being discount grocers. The company’s bold move comes as part of a broader $10 billion investment over the next five years, with $2.2 billion earmarked for this Continue reading
Ontario adjuster banned and fined $100K for defrauding insurance company
In a decisive move to protect the integrity of the insurance industry, Ontario’s insurance adjuster regulator, the Financial Services Regulatory Authority (FSRA), has banned an ex-insurance adjuster from conducting any further insurance business in the province. Additionally, the regulator imposed a hefty fine of $100,000 on Ulrich Fabrice Avognon, who orchestrated a fraudulent scheme to Continue reading
Canada Pension Increase Confirmed Find Out What to Expect for CPP and OAS in March 2025
As 2025 approaches, Canadian retirees and those nearing retirement are eagerly awaiting updates to their Canada Pension Plan (CPP) and Old Age Security (OAS) payments. These critical programs form the backbone of Canada’s retirement income system, providing financial support to millions of seniors across the country. This article delves into the anticipated increases in CPP Continue reading
Rare $2 Coin Could Fetch Up to $650 – Here’s How to Spot One in Your Change
Aussies are being urged to keep an eye out for a rare coloured $2 coin that could be worth hundreds of dollars. The Royal Australian Mint has released several collectable coins over the years, and some have become highly valuable. One particular $2 coin sells for up to $650, making it a treasure worth looking Continue reading
Lloyds Bank Offers £175 Bonus to New and Existing Customers – How to Claim Yours
Lloyds Bank has confirmed that starting today (Tuesday, February 18), eligible customers can receive a £175 bonus payment directly into their accounts. This offer is open to both new and existing customers who sign up for Club Lloyds accounts and will run until April 1, giving people around six weeks to take advantage of the Continue reading
Adult Disability Payment 2025: Why Some Claimants May Need to Reapply for PIP
The latest figures from Social Security Scotland reveal that 374,655 people were receiving Adult Disability Payment (ADP) as of October. This devolved benefit has replaced Personal Independence Payment (PIP) for all new claimants in Scotland. Additionally, 80,272 Scots still on PIP are set to transition to ADP by Spring 2025, bringing the total to nearly Continue reading
GST Payment Hike Set for Mid-2025
Good news is on the horizon for Canadians in 2025! A boost in the GST/HST credit is coming, giving low- and modest-income individuals and families some extra financial relief. With inflation continuing to affect the cost of living, this increase aims to ease the burden by reducing the amount you pay in sales taxes. Whether Continue reading
Canadian Parents Set to Receive Up to $648 in February Child Benefit Payment This Week
Hey parents, it’s that time again! The Canada Child Benefit (CCB) for February 2025 is landing in bank accounts this week, providing Canadian families with a much-needed boost to help offset the ongoing costs of raising children. The CCB is a vital tax-free monthly payment administered by the Canada Revenue Agency (CRA), aimed at supporting Continue reading