How a Weakened Canadian Dollar Affects the Retail Sector
The weakening Canadian dollar has broad implications for Canadian consumers, retailers, and businesses, particularly in relation to trade with the U.S. and other countries. Experts […]
Tax Filing Set to Become Easier for More Canadians
The federal government is making strides toward simplifying tax filing for Canadians by expanding automatic tax filing initiatives. As outlined in the 2024 Fall Economic […]
Ontario’s Teacher Shortage Leaves Students and Parents Frustrated
Ontario is facing a significant challenge in retaining and recruiting teachers, and the impact is being felt directly in classrooms across the province. For Janu […]
Alberta Unveils New Payment Model for Family Doctors
After months of deliberation, Alberta’s UCP government has unveiled a new pay model for family doctors, aiming to improve healthcare access and retain physicians within […]
Alberta’s Share Unclear in Actuary’s $334B Pension Plan Report
The Alberta government has confirmed receiving a report from Canada’s chief actuary regarding its potential exit from the Canada Pension Plan (CPP). However, the long-awaited […]
Canada Disability Benefit: New Rule Exempts Payments from Taxes—What It Means for You
Major Tax Relief for Canadians with Disabilities The federal government has proposed a game-changing amendment to the Income Tax Act, ensuring that payments from the […]
CPP Maximum Pensionable Earnings 2025: Key Updates You Need to Know
The Canada Revenue Agency (CRA) has released the updated contribution limits for the Canada Pension Plan (CPP) in 2025. These adjustments are part of ongoing […]
OAS Clawback in 2025: How to Protect Your Retirement Income
What is the OAS Clawback? The Old Age Security (OAS) clawback, or OAS pension recovery tax, is a mechanism where the Canadian government reduces your […]
Maximizing Retirement Income: Working While Receiving CPP Benefits
The Canada Pension Plan (CPP) is a vital source of retirement income for Canadians. By contributing throughout your working life, you become eligible for a […]
Can You Qualify for the Canada Workers Benefit in 2025? Here’s A Complete Guide
Tax season is right around the corner, and if you’re a low-income earner in Canada, you could benefit from the Canada Workers Benefit (CWB). This […]