Is Ontario Works Benefits Going to Increase?
As of July 2024, Ontario Works (OW) recipients continue to face stagnant rates, with no increase or inflation-based adjustment for the sixth consecutive year. This […]
8 Government Benefits Canadians Can Receive from the CRA This January
The new year is almost here, and so is a fresh wave of government payments from the Canada Revenue Agency (CRA). These benefits, available in […]
CPP Adjustments: How Much will CPP Increase in Jan 2025
The Canada Pension Plan (CPP) ensures that Canadians’ retirement benefits keep pace with the rising cost of living. Each year, adjustments to CPP payments are […]
How Much Money Does the Average Canadian Save?
With the rising cost of living significantly impacting Canadians’ disposable income, saving money can feel challenging. However, the right financial tools, such as a high-interest […]
Canadian Dollar Declines as Benchmark Yield Rises
The Canadian dollar faced pressure on Thursday, weakening against the U.S. dollar, while benchmark government bond yields climbed. Here’s a closer look at the market […]
How Much Should You Have Saved by Age 40?
So, you’re in your 30s and feeling pretty good about life. Maybe you’ve earned a promotion or purchased your first home. But amid the wins, […]
10 Government Benefits and Credits Quebec Residents Can Receive in January 2025
The new year is just around the corner, and with it comes a fresh wave of financial support from the Canada Revenue Agency (CRA) and […]
Canada Pension Plan Report Released — But Key Questions Remain Unanswered
Alberta Premier Danielle Smith recently provided an update on the province’s ongoing efforts to explore exiting the Canada Pension Plan (CPP). The province has received […]
How Can You Avoid CPP and OAS Clawback in 2025?
If you’re receiving CPP Canada Pension Plan benefits, you may wonder whether you’ll eventually face the Old Age Security (OAS) clawback. The OAS clawback is […]
Canada New Mortgage Refinance Rules Under Secondary Suite Program 2025
The Canadian government is taking decisive steps to address the housing crisis by transforming underused spaces into homes and empowering homeowners to increase housing density. […]