Southern Ontario Smart Computing Innovation Platform (SOSCIP)

As 2025 begins, the Canada Revenue Agency (CRA) is rolling out significant updates to its tax system that will affect individuals, businesses, and seniors alike. These changes are aimed at improving efficiency, providing targeted relief, and fostering economic recovery. From extended filing deadlines to enhanced digital tax tools, here’s a detailed look at the five Continue reading

The Old Age Security (OAS) program continues to be a cornerstone of financial support for seniors in Canada. Payments are adjusted periodically to keep up with the rising cost of living, ensuring that seniors receive adequate support. Here’s what you need to know about OAS changes for January 2025 and beyond. Old Age Security: How Continue reading

Old Age Security (OAS) benefits provide vital financial support to eligible seniors in Canada, with payment amounts periodically adjusted to reflect changes in the cost of living. Here’s a comprehensive guide to what’s changing in January 2025, based on updates tied to the Consumer Price Index (CPI). Understanding Your OAS Pension The Old Age Security Continue reading

The Goods and Services Tax (GST) credit is a valuable benefit for low to moderate-income families in Canada. Designed to offset the taxes paid on everyday goods and services, it offers much-needed relief for individuals struggling with high sales taxes. This article will help you understand how the GST credit works, who qualifies, and when Continue reading

In a historic settlement, Chilean vehicle carrier Compañía Sudamericana de Vapores SA (CSAV) has agreed to pay £1.5 million to resolve claims brought by millions of motorists who allegedly overpaid for car delivery fees. The settlement comes after a lengthy legal battle over accusations that CSAV, along with several other major shipping companies, colluded to Continue reading

In a major development, Mastercard has agreed to settle a class action lawsuit brought by over 1,900 U.K. businesses who accused the company of charging excessive credit card fees. The settlement marks the resolution of claims that Mastercard, in conjunction with Visa, levied unlawful multilateral interchange fees (MIFs) on businesses that accepted credit and debit Continue reading

The Competition Appeal Tribunal has approved a £25 million settlement in a class action lawsuit filed against Stagecoach, one of the U.K.’s largest passenger rail operators. The settlement resolves allegations that Stagecoach, along with other rail operators, overcharged millions of passengers by requiring them to pay for tickets at inflated prices, sometimes doubling the cost. Continue reading

The Department for Work and Pensions (DWP) has confirmed that it will not reverse its decision to means-test Winter Fuel Payments this year, a change that has raised concerns for vulnerable pensioners. Despite warnings from Labour backbenchers about the impact on those most in need, the government has stuck by its decision. As a result, Continue reading