The Federal Trade Commission (FTC) has begun distributing 50,994 payments, totaling over $2.5 million, to individuals who filed valid claims in connection with deceptive “pre-approved” credit offers from Credit Karma. This marks the resolution of a settlement addressing claims that Credit Karma misled users, causing them to waste time and suffer potential credit score damage. Continue reading
Understanding the Canadian Goods and Services Tax (GST): How it Works
The Goods and Services Tax (GST) is a federal tax levied on most goods and services in Canada. Introduced in 1991, this value-added tax is designed to ensure that the tax burden is distributed across various stages of production and consumption. Here’s a comprehensive overview of the GST, including its purpose, how it works, and Continue reading
Canada Issues Updated Winter Travel Alerts for 9 Popular Countries
As winter tightens its icy grip, Canadians dreaming of sun-soaked beaches or bustling cultural escapes need to stay informed before setting off. The Government of Canada has issued updated travel advisories for popular winter destinations, ensuring travelers are well-prepared for potential risks. From safety concerns to essential shortages, here’s a detailed breakdown of what you Continue reading
Smart Strategies to Maximize Your CPP Benefits and Increase Retirement Income
The Canada Pension Plan (CPP) forms a cornerstone of retirement income for Canadians. However, as the CPP Investment Board (CPPIB) emphasizes, the CPP is intended as a foundation, not a full retirement plan. While some Canadians may qualify for maximum CPP benefits, the majority do not. Here’s how you can maximize your CPP benefits and Continue reading
The Hourly Wage You Need to Afford Living Comfortably in Ontario
Despite a recent increase in Ontario’s minimum wage to $17.20 per hour as of October 1, 2024, the rising cost of living continues to leave workers struggling to make ends meet. A new report from the Ontario Living Wage Network reveals that the average living wage—the hourly rate needed to live comfortably and out of Continue reading
Rare Canadian Cent, Valued Up to $3,000, Sought After by U.S. Coin Collectors
If you’re looking to start a coin collection, Canadian coins can be a fantastic option. Not only do they offer historical significance, but you can often find them at better prices compared to some US coins. Take, for instance, the scarce 1925 Canada Cent. This coin is a sought-after piece for collectors, and its value Continue reading
Canadians May Be Eligible for Compensation in Class-Action Lawsuit Against Gaming and Tech Giants
A potential Canada-wide class-action lawsuit is brewing against some of the biggest names in gaming and technology, including Google, Microsoft, and Electronic Arts. The lawsuit, spearheaded by the Consumer Law Group (CLG), alleges that these companies created and marketed games that caused harmful video game addiction, leading to significant physical, psychological, and financial damage among Continue reading
Alberta Child and Family Benefit Payment Dates 2025: Amounts, Eligibility & Income Criteria
The Alberta Child and Family Benefit (ACFB) is a tax-free benefit designed to support families in Alberta with children under 18 years old. It provides financial relief, especially for families with low and moderate incomes. This benefit is fully funded by the Alberta provincial government and is paid out separately from the Canada Child Benefit Continue reading
Alberta Child and Family Benefit Payment Increase 2024-2025: Check Amount & Eligibility
The Alberta Child and Family Benefit (ACFB) has increased, and the next payment will be sent to eligible families on Nov 27, 2024. This benefit is a vital support system designed to assist low- and middle-income families in Alberta through four quarterly payments. Increased ACFB Payment Amounts Understanding the ACFB The ACFB combines the former Continue reading
Ontario Seniors Dental Care Program 2024: Key Dates, Coverage Amounts, and Eligibility Requirements
The Ontario Seniors Dental Care Program (OSDCP) provides low-income seniors with access to essential dental services. Designed to enhance health and quality of life for Ontario residents aged 65 and older, the program offers free or low-cost dental care to eligible individuals. What Services Does the OSDCP Cover? The OSDCP covers 100% of the costs Continue reading