In an effort to provide some financial relief to drivers, British Columbia has announced a new rebate for eligible drivers through the Insurance Corporation of British Columbia (ICBC). This initiative comes as part of the province’s 2025 Budget and is expected to deliver $110 to millions of drivers. Payments are slated to begin in April Continue reading
Ontario to Introduce 25% Tariff on Power Exports to Three U.S. States
In a significant escalation of trade tensions between Canada and the United States, Ontario Premier Doug Ford announced on Tuesday that the province will impose a 25% tariff on electricity sent to 1.5 million homes in Minnesota, Michigan, and New York. This move comes as retaliation to the U.S. administration’s fresh levies, which took effect Continue reading
Full List of 142 Items Affected by Trump’s Canada Tariffs Prices Set to Rise
As of March 4, 2025, the U.S. and Canada are officially locked in a trade war, and it’s about to put a strain on your wallet. Canada has implemented a 25% tariff on a vast array of American goods, ranging from food items to alcohol and beauty products, and prices for everyday items are expected Continue reading
Trump’s New Tariffs Could Cause Car Prices to Soar by $12K Report
The Financial Impact of Trump’s New Tariffs on Car Prices The newly imposed tariffs by President Donald Trump could significantly increase the price of some new vehicles by as much as $12,000, according to a recent study by Michigan-based automotive consultant Anderson Economic Group. These new tariffs were introduced on Tuesday and include a 25% Continue reading
New Job Seeker Compliance Rules from March 2025: Key Changes You Need to Know
Starting in March, job seekers across Australia will experience a shift in compliance measures designed to better accommodate their individual circumstances. These changes are part of a broader effort to recognize the diverse needs of those searching for employment while ensuring that they are not unfairly penalized during their job search journey. What’s Changing in Continue reading
How People Over State Pension Age Living Alone Could Get a £4,200 Income Boost
The UK government is offering vital financial support to older individuals through Pension Credit, a means-tested benefit designed to boost income for people over State Pension age (66 years). If you are a single pensioner living on a low income, you could receive an average of £4,200 per year in additional financial support. The Department Continue reading
USD/CAD Declines to 1.4400 Amid US Growth Concerns and Tariff Uncertainty
The USD/CAD currency pair continues its downward trajectory, hovering near 1.4400 during early European trading hours on Wednesday. Mounting concerns over slowing US economic growth and the impact of newly imposed tariffs are weighing on market sentiment, while expectations of rate cuts from the Bank of Canada (BoC) add further complexity to the outlook for Continue reading
Record Number of Canadians Leaving the Country, with Nearly 50% Coming from One Province
In 2024, Canada saw a dramatic rise in emigration, marking a significant shift in its population trends. For the first time in several years, thousands of Canadians packed their bags and decided to seek new opportunities abroad, driven by the search for lower living costs or a better quality of life. This movement has been Continue reading
ATO Forces Thousands of Small Australian Businesses to Submit Monthly BAS: What You Need to Know
The Australian Taxation Office (ATO) has announced a major change that will impact thousands of businesses across the country starting from April 1. In a move dubbed a “massive” shakeup, the tax office will require certain businesses, particularly those earning under $20 million annually, to submit their Business Activity Statements (BAS) monthly instead of quarterly. Continue reading
Centrelink Warning: The Common Mistake That Could Cost You Your Payments
Centrelink recipients are being reminded to promptly inform Services Australia of any changes that could affect their payments. Failure to do so may result in overpayments, which must be repaid. According to Services Australia community information officer Justin Bott, many recipients mistakenly believe that Centrelink can access their bank balances. This misconception leads some people Continue reading