The Advanced Canada Workers Benefit (ACWB) is a quarterly advance payment for individuals and families eligible for the Canada Workers Benefit (CWB). It provides a portion of the CWB tax credit throughout the year to support low- and modest-income workers. ACWB Payment Dates for 2025 Payments for the ACWB in 2025 will be issued on Continue reading
Canada New Minimum Wage in 2025: Upcoming Changes and What They Mean for Workers
Minimum wage increases are a critical part of ensuring fair pay for workers and addressing inflation across Canada. As 2025 approaches, several provinces and territories are set to implement new minimum wage rates to reflect rising costs of living. Here’s a detailed look at the upcoming changes and how they impact workers nationwide. What is Continue reading
QPP Payment Dates 2025: Contributions Rates & Key Updates
The Québec Pension Plan (QPP) is a comprehensive public insurance plan for individuals aged 18 and over with annual employment income exceeding $3,500. It aims to provide financial security for workers in Québec and their families during retirement, in case of disability, or following death. Here’s what you need to know for 2024-2025: Contribution Rates Continue reading
OAS in 2025: Payment Adjustments, Maximum Thresholds, and What to Expect
The Old Age Security (OAS) program in Canada is a cornerstone of financial support for seniors, providing a monthly pension to eligible individuals aged 65 and over. Here’s what you need to know about the current maximum payments, income thresholds, and the outlook for adjustments in 2025. Current OAS Payment Levels (October to December 2024) Continue reading
Costco vs. LCBO: Where to Find the Best Wine Deals in Ontario
If you’re a wine lover in Ontario, you may be interested in the potential savings from buying wine at Costco compared to the LCBO (Liquor Control Board of Ontario). While Costco locations in Ontario now sell a selection of alcoholic beverages, it’s important to be aware of some nuances in price listings between the two Continue reading
6 Key Reasons: Why Canadian Retirees Are Struggling to Make Ends Meet
Retirement in Canada is becoming increasingly challenging, with many retirees facing significant obstacles. Here are six major reasons for these struggles: 1. Rising Cost of Living The cost of essentials like groceries, healthcare, and utilities has skyrocketed due to inflation, making it difficult for retirees on fixed incomes to keep up. 2. Inadequate Retirement Savings Continue reading
Hyundai Canada Recalls Over 48k Vehicles Due to Rearview Camera Defect Linked to Crash Risk
Hyundai Canada has issued a significant recall affecting over 48,000 vehicles across the country due to a critical issue with rearview camera systems. The defect poses a potential crash risk, as the systems may fail to display the rearview image properly while reversing, a noncompliance with Canadian safety standards. This recall, which spans several popular Continue reading
Canada Introduces New Benefits for Families, Workers, and Newcomers in Tough Times
Canada has unveiled a comprehensive suite of new benefits aimed at supporting workers and families grappling with today’s economic challenges. These initiatives reflect the nation’s commitment to inclusivity, providing relief to citizens, permanent residents, and other residents for tax purposes, including temporary workers and international students. Let’s dive into how these programs are set to Continue reading
CPP Survivor’s Pension Benefits Explained: Your 2024 Guide to Benefits and Eligibility
The Canada Pension Plan (CPP) Survivor’s Pension is a vital financial support system for surviving spouses, common-law partners, and dependents of deceased CPP contributors. Understanding the eligibility criteria, payment structure, and application process can help survivors maximize their benefits during a challenging time. Eligibility Criteria for CPP Survivor’s Pension To qualify for the CPP Survivor’s Continue reading
Air Canada New Basic Fare Rules No More Free Carry ons Bag on Cheapest Routes in 2025
Air Canada is introducing significant changes to its basic economy fare starting January 3, 2025, bringing it in line with many budget airlines. These updates will impact carry-on baggage allowances, seat selection, and more, sparking a mix of reactions from travelers. Here’s what you need to know. Key Changes to Air Canada’s Basic Economy Fare Continue reading