Southern Ontario Smart Computing Innovation Platform (SOSCIP)

Indexing Canada Pension Plan (CPP) payments to inflation is vital to help Canadians manage rising costs. Read on to explore the relationship between the inflation rate, Old Age Security (OAS), and CPP, and how these changes impact retirees and future savings. Inflation Rate vs. OAS and CPP Inflation rates have been unpredictable, especially in the Continue reading

Canada is widely recognized for its balanced economic policies, but like many other countries, it faces challenges such as inflation and slowing GDP growth. In response to these global economic pressures, Canada has introduced several changes to its financial and retirement programs for 2024. These updates aim to provide additional support to Canadians, especially those Continue reading

Verizon Communications, one of the largest telecommunications providers in the U.S., has agreed to a class-action settlement in 2024, resolving claims related to overcharges or mismanagement of customer accounts. This settlement could mean compensation for eligible customers, but understanding the details is crucial to determining if you qualify and how to claim your share. What Continue reading

Ontario has announced a significant investment of nearly $17 million to train 700 new personal support workers (PSWs) and nurses for long-term care (LTC) employment by 2025. This initiative builds on the success of existing programs that have already supported thousands of students and upskilled staff. Building on Proven Success The new investment aligns with Continue reading

Income taxes in Canada, especially in Québec, can be a hefty burden, but there are several rebates and tax credits that can help reduce your tax obligations. One of the most beneficial for Québec residents is the Solidarity Tax Credit (STC), a refundable tax credit designed to help low-to-moderate income households. In this article, we’ll Continue reading

The Old Age Security (OAS) program is a cornerstone of Canada’s support system for seniors, offering a vital income stream for those aged 65 and older. As we enter 2025, here’s a comprehensive guide to understanding OAS, including payment amounts, eligibility criteria, recent adjustments, and what’s on the horizon for the coming year. What is Continue reading

Amazon is facing a £2.7 billion class action lawsuit in the UK amid allegations that it discriminates against third-party sellers while favoring its own retail offers on its e-commerce platform. The lawsuit, filed by Andreas Stephan, head of the law school at the University of East Anglia, accuses Amazon of abusing its dominant market position Continue reading

The Department for Work and Pensions (DWP) has announced a £10 Christmas Bonus for pensioners and certain benefit claimants this December. For those born between 1944 and 1958 who may have missed their Winter Fuel Payment of £200 or £300, this bonus offers a small but welcome relief during the holiday season. What is the Continue reading

Pensioners in the UK can look forward to an increase in their State Pension payments starting April 2025. Thanks to the Triple Lock mechanism, the New and Basic State Pensions will rise by 4.1%, while other components will see a modest 1.7% hike. However, this news comes with a caution about shrinking tax-free allowances and Continue reading

Paying off your mortgage early can be a great financial move, but what happens when early repayment charges (ERCs) come into play? For borrowers like you with a £41,000 mortgage balance and a generous offer of £20,000 to help clear the debt, the decision can be complex. Should you overpay, pay the fee, or consider Continue reading