A Tax-Free Savings Account (TFSA) is one of the most powerful tools available to eligible Canadians who want to build wealth over time. However, beyond just saving, you can leverage your TFSA to generate consistent cash flow by investing in dividend-paying stocks. By strategically choosing the right stocks, an investment of $15,000 can evolve into Continue reading
Canada Revenue Agency to Lay Off 450 Temporary Employees During Tax Season
As the tax filing season hits full swing, the Canada Revenue Agency (CRA) has notified 450 of its term employees across the nation that their contracts will not be renewed at the end of the month. This decision comes amidst a broader effort by federal departments and agencies to find budgetary savings. Etienne Biram, a Continue reading
Government of Canada Unveils Key Enhancements to Passport Services and Releases First State of Service Report
Today, the Honourable Terry Beech, Minister of Citizens’ Services, marked a pivotal moment for Canadian citizens with the release of the first-ever State of Service Report. This report is a testament to the Government of Canada’s unwavering commitment to enhancing service delivery with a focus on excellence, efficiency, and accountability. Along with the report’s unveiling, Continue reading
Edmonton Man Claims $30M Lotto 6/49 Jackpot ‘I’m Ready to Leave
Thanh Lu, an Edmonton resident, had a lottery habit that might seem a little unorthodox to many—one that eventually led him to a major life-changing event. Rather than checking his Lotto 6/49 ticket all at once, Lu decided to take things slowly, which, as fate would have it, paid off in a big way. It Continue reading
How Much Will Your State Pension Rise in April 2025? Full Breakdown of New Rates and Key Changes
The UK state pension is set to increase in April 2025, with some key elements rising by 4.1%, while others will only see a 1.7% uplift. This guide provides a detailed breakdown of the changes, including how much extra pensioners will receive and when they can expect to see the increased payments. When Will the Continue reading
Upcoming 2025 CPP Updates – New Payment Dates, Increased Benefits, and Contribution Changes
The Canada Pension Plan (CPP) is undergoing major updates in 2025, impacting retirees, employees, and self-employed Canadians. These changes include higher CPP benefits, updated contribution rates, and new pensionable earnings thresholds. Whether you’re already receiving CPP or just starting your career, understanding these changes will help you better plan for the future. Let’s dive into Continue reading
Is there a CPP Increase Coming in 2025? Will It Be Enough for Retirees Facing Rising Costs?
Retirees across Canada are set to receive a cost-of-living increase in their Canada Pension Plan (CPP) benefits in 2025. But with grocery costs straining 51% of Canadians and rent rising nearly 9% year over year, the question remains: Will this adjustment be enough to maintain financial stability in retirement? In this article, we’ll break down Continue reading
16 Surprising Products That Are Cheaper at Costco Than Dollarama – You Won’t Believe the Savings!
When shopping for groceries and household essentials on a budget, two stores that may come to mind are Costco and Dollarama. While Dollarama is known for its low prices, you might be surprised to learn that Costco offers better deals on certain products, especially when looking at price per unit. Here are 16 products you Continue reading
New DWP Weekly Payment Rates for 2025/26: Full Breakdown of State Pension and Benefits Increases
The Department for Work and Pensions (DWP) has announced new weekly payment rates for State Pension and benefits starting in April 2025. Millions of people across the UK, including pensioners and benefit claimants, will see an increase in their payments. Below, we break down the full list of updated rates, eligibility criteria, and when recipients Continue reading
U.S.-Canada Trade War Intensifies: Trump’s Tariffs Shake Markets & Spark Retaliation
The economic battle between the United States, Canada, and Mexico is heating up as President Donald Trump enforces sweeping new tariffs—a 25% across-the-board duty on most Canadian and Mexican imports, with a lower 10% tariff on Canadian energy. The decision has triggered a full-blown trade war, sparking retaliatory actions from Canadian provinces and sending shockwaves Continue reading