Top 5 Government Benefits Canadians Can Expect in December 2024
As the holiday season approaches, Canadians can look forward to a series of government benefits and credits from the Canada Revenue Agency (CRA). These payments […]
Guaranteed Income Supplement: 7 Facts Every Canadian Senior Must Know
The Guaranteed Income Supplement (GIS) is a vital non-taxable financial aid provided by the Government of Canada. It is designed to support low-income seniors who […]
More Than 184,000 Stanley Travel Mugs Recalled in Canada Due to Burn Hazard
If you use Stanley travel mugs, it’s time to check your collection. A recall has been issued in Canada and the U.S. for certain Stanley […]
Bagels Recalled Across Ontario and Canada Due to Metal Contamination
Bagel Brands Recalled Across Canada The Canadian Food Inspection Agency (CFIA) has issued a recall notice for various bagel brands due to potential contamination with […]
New Mortgage Rules Take Effect; Additional Changes Expected Soon, Economist Predicts
On December 15, two major mortgage reforms came into effect in Canada, aiming to tackle housing affordability and ease financial pressures for homebuyers. These changes, […]
Finance Minister Canada Chrystia Freeland Resigns from Trudeau’s Cabinet
In a dramatic turn of events, Deputy Prime Minister and Finance Minister Chrystia Freeland resigned from her cabinet positions on Monday, mere hours before the […]
Mortgage Rate Forecast Trends in 2025: What You Need to Know About Falling Rates
Early holiday gift for Canadians as the Bank of Canada (BoC) announced a Santa-sized rate cut of 0.50%, reducing its policy rate to 3.25%. This […]
Essential Tax Tips for Low-Income Earners in 2025: Maximizing Your Tax Refund
Paying taxes can be daunting, especially if you’re already struggling with a low income. But the good news is, there are plenty of tax credits […]
What is Considered Low Income in Canada? Understanding 2025’s Low Income Cut-Offs
Low income in Canada is measured using the Low Income Measure (LIM), which helps define the financial threshold below which individuals or families are considered […]
How Early Retirees Can Boost Their Pension by Up to 56%: Higher CPP Benefits
Retire Early, Gain More Later: The CPP Dilemma Retiring early is a dream for many, but deciding when to start your Canada Pension Plan (CPP) […]