News

For Canadians planning to travel or live abroad, it’s essential to understand the implications on your provincial healthcare coverage and other benefits. While many Canadians enjoy short-term stays outside the country, snowbirds and long-term travelers need to be aware of the limits on their benefits and coverage. Knowing how long you can stay abroad before Continue reading

The GST/HST Credit is a valuable, non-taxable financial aid provided quarterly to help low- and modest-income Canadians offset the cost of the Goods and Services Tax (GST) or Harmonized Sales Tax (HST) they pay on everyday purchases. As we step into 2025, here’s a comprehensive guide to understanding this credit, including eligibility requirements, payment amounts, Continue reading

The London area is bracing for a frigid and snowy beginning to the week, following a weekend of messy weather for parts of Midwestern Ontario. Monday: A Cold and Snowy Night Ahead According to CTV London Meteorologist Julie Atchison, temperatures on Monday afternoon will range between -8°C and -12°C, but the wind chill will make Continue reading

The tax filing deadline, commonly referred to as “Tax Day,” for 2025 is Wednesday, April 30. If you were actively or temporarily employed in 2024, you should receive a CRA T4 slip from each employer within the first few months of 2025. This document is essential for accurately filing your taxes. What Is a T4 Continue reading

Canadian Prime Minister Justin Trudeau has announced his decision to step down as leader after nine years in office, signaling the end of a political era. The decision comes amid mounting pressure from within his own Liberal Party and waning public support. Trudeau to Stay Until New Liberal Leader is Selected In a press conference, Continue reading

Justin Trudeau’s anticipated resignation as Canada’s Prime Minister and Liberal Party leader has ignited speculation about the reasons behind his decision. While internal challenges and declining public support are prominent, an unexpected external factor—Donald Trump—has emerged as a potential influence in Canada’s political turbulence. Could Trump’s re-emergence in U.S. politics be part of the equation? Continue reading

Southern Ontario is gearing up for a frosty weekend as plunging temperatures and steady flurries dominate the forecast. From Mississauga to Durham, residents should prepare for a true taste of winter with bone-chilling winds, snowy skies, and icy conditions. Cloudy Skies and Morning Flurries to Start Sunday Early risers hoping to catch the 7:50 a.m. Continue reading

Both the Ontario Municipal Employees’ Retirement System (OMERS) and the University Pension Plan (UPP) have announced inflation adjustments for 2025, offering their members enhanced financial security in the face of rising living costs. These adjustments ensure retirees continue to receive pensions that keep pace with inflation. 7 Canadian Pension Adjustment for 2025? A Complete Guide Continue reading

Canadians are preparing for a significant rise in grocery costs in 2025, as a new report projects food prices will increase by 3 to 5 percent nationwide. In Quebec, the increase could climb as high as 5 percent, adding pressure on households already dealing with inflation. Food Price Increases Could Add $800 for Families According Continue reading