Understanding the True Costs of Expanding Old Age Security: What Canadians Need to Know
The federal government is under increasing pressure to expand Old Age Security (OAS) benefits for seniors aged 65 to 74. With the Bloc Québécois pushing […]
Top 10 Pension Plans in Canada: A Comprehensive Ranking
Pensions are a crucial aspect of retirement planning for Canadians, offering financial security once individuals retire. These plans ensure a steady income, helping you maintain […]
Ontario Considers Halting U.S. Electricity Exports and Banning American Alcohol in Response to Potential Trump Tariffs
Ontario, Canada’s most populous province, is preparing to take significant retaliatory measures against the United States if President-elect Donald Trump imposes sweeping tariffs on Canadian […]
Higher Old Age Security Pensions Announced: Here’s What You’ll Get
Canadian seniors aged 65 years or older are set to see an increase in Old Age Security (OAS) benefits. Payments for October rolled out on […]
“Auditor General Flags Uncertainty Over Adequacy of Old Age Security Payments for Seniors”
A recent report by Canada’s Auditor General highlights significant gaps in the federal government’s approach to supporting seniors through programs like Old Age Security (OAS) […]
Canada Child Benefit: Direct Deposits Arrive Tomorrow, Mailed Cheques Delayed Due to Canada Post Strike – Payment Details and How to Sign Up
If you are eligible for the Canada Child Benefit (CCB), December is a crucial month to keep track of your payments. The Canada Revenue Agency […]
Variable vs. Fixed Mortgage Rates in 2025: FOMO or JOMO — Which Strategy Wins?
As the Canadian mortgage market continues to adjust following significant interest rate shifts, homeowners and buyers are faced with a tough question for 2025: Should […]
EI Benefit Increase 2025: New Amount, Rates & Premiums
Starting January 1, 2025, Employment Insurance (EI) benefits in Canada will see significant updates, including changes to the maximum insurable earnings (MIE), weekly benefit rates, […]
Will CPP & EI Increase in 2025? Updated Contributions and Earnings Limits Explained
As 2025 approaches, updates to Canada’s Canada Pension Plan (CPP) and Employment Insurance (EI) have been announced. These changes include increases in contribution limits and […]
TFSA Contribution Limit Rises for 2025: What You Need to Know
The Canada Revenue Agency (CRA) has confirmed that the Tax-Free Savings Account (TFSA) contribution limit will increase by $7,000 in 2025, mirroring the significant hike […]