Energy Minister Jonathan Wilkinson Signals Potential Retaliatory Measures Canada is considering restricting oil exports to the United States or imposing export duties in response to escalating trade tensions with the U.S., Energy Minister Jonathan Wilkinson announced on Tuesday. This move comes as U.S. President Donald Trump threatened to double tariffs on Canadian steel and aluminum Continue reading
Bank of Canada Cuts Interest Rate to 2.75% Amid U.S. Tariff Turmoil: What It Means for Canadians
Bank of Canada Slashes Interest Rate Again The Bank of Canada has lowered its key interest rate by 25 basis points, bringing it down to 2.75%—marking the seventh consecutive rate cut in response to increasing economic uncertainty. The central bank cited ongoing trade tensions with the United States as a primary reason for the decision. Continue reading
Trump’s 25% Tariffs on Canadian Steel and Aluminum Take Effect
In a significant move reshaping global trade dynamics, U.S. President Donald Trump’s latest tariff decision has come into force, targeting steel and aluminum imports from all nations, including Canada. As of 12:01 a.m. ET on Wednesday, the long-awaited levies took effect, eliminating the exemptions that had previously shielded Canada and other countries from the hefty Continue reading
Significant CPP Increase Expected in March 2025 What to Know About Eligibility and Potential Amounts
In March 2025, Canada will see an increase in the Canada Pension Plan (CPP) payments, providing much-needed financial relief for retirees, seniors, disabled individuals, and other eligible Canadians. This change is part of a broader government initiative to address the financial challenges that Canadians face, especially in the face of rising inflation and the high Continue reading
1.3 Million Faces Losing Sickness Benefits as DWP Introduces New Eligibility Criteria
The UK government has recently announced significant changes to its sickness benefits system, potentially affecting up to 1.3 million claimants. The Department for Work and Pensions (DWP) has introduced new eligibility rules aimed at cutting welfare spending and encouraging individuals with health conditions to re-enter the workforce. However, these reforms have sparked concerns, particularly among Continue reading
Sky Broadband Outage Leaves Customers Frustrated: Internet and Wi-Fi Issues Across the UK
Sky internet users across the UK faced significant disruptions as reports of outages surged early this morning. Many customers reported experiencing a ‘total blackout’ in their broadband and Wi-Fi services, leading to frustration and inconvenience. Widespread Sky Broadband Issues Reported Hundreds of Sky users began reporting service interruptions on Down Detector as early as 5 Continue reading
Will the Age Pension Stop in Australia? The Truth Behind the Rumors
In recent years, rumors have surfaced claiming that the Australian Age Pension will be discontinued. These misleading claims have caused unnecessary concern among retirees and those planning for their future. However, let’s be clear—there are no plans to stop the Age Pension in Australia. The Age Pension remains a crucial part of Australia’s social security Continue reading
Centrelink Age Pension Increase: New Rates and Thresholds from March 2025
The Centrelink Age Pension increase is set to take effect from March 20, 2025, providing financial relief for millions of pensioners across Australia. With rising living costs, many retirees have been eagerly awaiting news about their pension increases, and now, the Federal Government has confirmed the exact new payment rates. This Centrelink Age Pension increase Continue reading
DWP Urged to Introduce ‘Back to Work’ Offer for Benefits Claimants Seeking Employment
The Department for Work and Pensions (DWP) is being urged to implement a ‘Back to Work‘ offer that would provide crucial financial stability for benefits claimants attempting to re-enter the workforce. The proposal, put forward by the Commission for Healthier Working Lives, aims to support individuals with health conditions while reducing the economic burden on Continue reading
Numerous Beer Stores in Ontario Closing Their Doors
The Beer Store in Ontario is grappling with significant closures across the province, continuing a troubling trend that has affected several of its locations, especially in the Toronto area. On Friday, February 28, multiple outlets are slated to shut their doors, signaling yet another challenge for the retailer amidst the backdrop of rising competition from Continue reading