The Canadian Food Inspection Agency (CFIA) has issued a recall for Taylor Farms’ Sweet Kale Chopped Kit due to potential salmonella contamination. This recall affects products distributed across several provinces in Canada, and consumers are urged to take immediate precautions. Details of the Recall The recall, announced on Monday by the CFIA, warns that the Continue reading
$80,000 Canada Secondary Suite Loan Program 2025 with Low interest rate of 2%: Support for Bold Mortgage Reforms to Tackle Housing Affordability
As Canada continues to face a housing supply crisis, the federal government is rolling out ambitious measures to increase housing availability, support homeowners, and make housing more affordable for every generation. Among the highlights of the 2024 Fall Economic Statement are enhanced programs to help homeowners build secondary suites and sweeping reforms to mortgage rules Continue reading
What is FTC Tax Credit in Canada, How to Claim in 2025? Maximize Your Tax Savings and Knowledge
If you’ve paid taxes on income earned outside of Canada, the Federal Foreign Tax Credit could help you reduce your Canadian tax burden. This guide will walk you through everything you need to know about eligibility, conversion rates, documentation, and how to claim this valuable credit. What is the FTC Tax Credit in Canada? FTC Continue reading
What’s Open and Closed in Toronto on Christmas Eve 2024?
Christmas Eve 2024 in Toronto brings a mix of open and closed establishments, making it crucial for anyone planning last-minute gift shopping, grocery runs, or just a regular day out to know what to expect. While Christmas Eve isn’t a statutory holiday, many businesses will close early to prepare for the festivities. General Services Open Continue reading
Canada’s Debt Dilemma: The Hidden Costs Behind G7 Boasts
In a week of political upheaval marked by Chrystia Freeland’s surprise resignation and mounting calls for Prime Minister Justin Trudeau to step down, new fiscal revelations have stirred fresh controversy. The Liberal government, once lauded for prudent budgeting, has exceeded its 2023 deficit target by a staggering $22 billion, pushing Canada’s federal debt to over Continue reading
How much can I put in my TFSA for 2025?
Canadian TFSA (Tax-Free Savings Account) investors are in for great news! The government has announced an increase in the annual contribution limit for 2025, rising by $7,000. This boost brings the total cumulative contribution room for Canadians born before 1991 to a staggering $102,000. Maximize Tax-Free Investment Growth in a TFSA While $7,000 may not Continue reading
$1,500 Government Superannuation Boost: Here’s How Aussies Can Benefit
Retirement savings can feel like a daunting task, but the Australian Government has introduced an incentive program that offers a financial boost for eligible individuals. By making personal contributions to your superannuation fund, you could receive up to $1,500 at no extra cost to you. Here’s a detailed guide to understanding the superannuation co-contribution scheme, Continue reading
Centrelink $250 Bonus Payment 2024: Eligibility, Dates, and How to Claim
In 2024, Centrelink has introduced a $250 payment bonus aimed at providing financial relief to eligible Australians. This one-time bonus comes as part of a broader initiative to support vulnerable households and ease the cost-of-living pressures. Below, we outline the key details, including eligibility criteria, payment dates, and how to claim the bonus. What is Continue reading
Canadians Could Benefit from Proposed Multimillion-Dollar Electronics Settlements
If you own a smartphone, computer, or other electronic devices, you may be eligible to participate in two proposed class-action settlements in Canada. These settlements address allegations of price fixing related to linear resistors, a crucial electronic component used in many household and personal items. What Are Linear Resistors? A linear resistor is an essential Continue reading
Experts’ Predictions for Canada’s Housing Market in the Coming Year
High housing costs and mortgage interest rates have long dampened the dreams of many Canadians hoping to own a home. However, changes in the market are slowly starting to turn the tide. The Bank of Canada (BoC) has been reducing its key interest rates over the past year, with more cuts expected in the near Continue reading