The Old Age Pension in South Africa is a vital financial support system for senior citizens, providing them with the necessary funds to maintain their quality of life. This article details the payout dates for 2024, eligibility requirements, and the benefit amounts to help seniors navigate their financial planning effectively. Eligibility Criteria SASSA Old Age … Read more
The Alberta Child and Family Benefit (ACFB) is designed to support low- and middle-income families in Alberta by providing financial assistance to help with the costs of raising children. Payments are made quarterly, and the amount varies based on household income and the number of children under the age of 18. ACFB Payment Dates 2024 … Read more
The Canada Child Benefit (CCB) is a vital financial support program for families with children across the country. As of October 2024, eligible families can receive up to $648.91 per month for each child, depending on their household income and the age of the child. This tax-free monthly payment aims to help families manage the … Read more
As October unfolds, a new cycle of government benefits and credits is set to provide crucial financial support for Canadians. These payments play a significant role in assisting individuals and families with essential living costs, from child-rearing expenses to retirement management. In this article, we’ll explore the various government benefits available in October 2024, detailing … Read more
Payday loans can provide short-term financial relief to individuals on Ontario Works (OW) who may need immediate funds for emergencies. These loans are available even for people with low income or government benefits like OW. However, it’s important to understand the terms, eligibility, and risks associated with payday loans, especially for those dependent on fixed … Read more
The Canada Workers Benefit (CWB) is a refundable tax credit designed to assist low-income individuals and families by supplementing their income and encouraging participation in the workforce. With changes in eligibility and amounts over the years, it is essential to stay updated on payment dates, amounts, and how you can benefit from this program. For … Read more
Bilt Rewards, a customer loyalty program that converts rental payments into points for various perks such as airline miles, hotel stays, and restaurant meals, has raised US$150 million in additional equity funding. This funding round was led by the Ontario Teachers’ Pension Plan (OTPP), lifting Bilt’s valuation to US$3.25 billion from US$3.1 billion. Key Investors … Read more
In a shocking case of alleged financial elder abuse, a 68-year-old Winnipeg retiree, Peter Squire, is suing Access Credit Union and the Royal Bank of Canada (RBC) after losing nearly $650,000 in retirement funds to an alleged fraud scheme. The lawsuit, filed at the Court of King’s Bench, accuses the financial institutions of failing to … Read more
There was a recent class-action lawsuit against TD Bank in Canada regarding non-sufficient funds (NSF) fees. Here’s a breakdown of what you need to know: The Lawsuit and Settlement The lawsuit alleged that TD Bank charged customers multiple NSF fees on a single pre-authorized debit (PAD) transaction that was re-presented. In February 2024, the Ontario … Read more
As we step into 2024, understanding the Quebec pension system becomes essential for residents relying on these benefits for their retirement. The Quebec Pension Plan (QPP) provides financial support to retirees, disabled individuals, and survivors of contributors. This article outlines the key payment dates for 2024, the amount beneficiaries can expect, and additional relevant information … Read more