Tax season is officially upon us, Canada! As of February 24, 2025, the Canada Revenue Agency (CRA) has activated its NETFILE service, which means it’s time to start filing your 2024 income tax return. For those eager to receive a refund, the sooner you file, the quicker you could see that money in your account—sometimes Continue reading
Which Sectors in Canada Could Face Layoffs First Due to Trump’s Tariffs?
U.S. President Donald Trump has announced that new tariffs on Canada and Mexico will be implemented next week, raising alarm bells across North America. The proposed tariffs, which could reach 25%, are seen as a major threat to millions of jobs, especially in sectors heavily reliant on trade between the three countries. Economists have warned Continue reading
$6,442.25 Family Tax Benefit in 2025: Are You Eligible for This Major Payout? Full Guide & Payment Dates
Raising a family comes with financial challenges, but the Family Tax Benefit (FTB) in 2025 can provide much-needed support to eligible Australians. With potential payments of up to $6,442.25 per child, understanding the eligibility criteria, income limits, and application process is crucial. This guide breaks down FTB Part A and Part B, payment rates, key Continue reading
Superannuation Crisis: Millions of Aussies Losing Out on Retirement Savings Amid $7,700 Fix Delay
Millions of Australians are unknowingly losing thousands of dollars in retirement savings, with one in four workers missing out on their full superannuation entitlements. The issue, which cost workers $5.1 billion in 2021-22 alone, has prompted renewed calls for urgent payday super reforms—but political gridlock continues to delay action. Super Underpayments Costing Aussies $30,000 in Continue reading
ASX Plunges to Six-Week Low Amid Trump’s Tariff Shock & Reporting Season Woes
The Australian share market tumbled to a six-week low on Tuesday, rattled by US President Donald Trump’s reaffirmation of tariffs on Mexico and Canada and a series of disappointing earnings results from major companies. The benchmark ASX 200 index dropped 56.30 points (-0.68%) to 8,251.90, while the All Ordinaries fell 62.10 points (-0.73%) to 8,498.00. Continue reading
The $6,500 Rent Bidding Dilemma: How Desperate Tenants Are Driving Up Rental Prices
As Australia’s rental crisis deepens, a controversial practice is forcing tenants to bid against each other, driving up rental prices and making housing even more unaffordable. New research from the Real Property Report 2025 has found that one in seven renters is voluntarily offering $125 or more per week above the advertised rent to secure Continue reading
Commonwealth Bank Defies RBA, Pledges $4 Billion in Cash Distribution Monthly Amid Digital Shift
As Australia moves steadily toward a cashless future, the CEO of Commonwealth Bank (CBA), Matt Comyn, has reassured millions of Australians that cash is here to stay—at least for the foreseeable future. Despite the Reserve Bank of Australia’s (RBA) projection that cash could disappear within a decade, CBA is doubling down on its commitment to Continue reading
Canadians Can Now File Claims for Cottonelle Class Action Settlement
A class-action lawsuit against Kimberly-Clark Corporation, Kimberly-Clark Inc., and Kimberly-Clark Canada Inc. has been officially certified by the Supreme Court of British Columbia, following the company’s recall of its Cottonelle Flushable Wipes and Cottonelle Gentle Plus Flushable Wipes. The class action is led by Vancouver-based law firm Slater Vecchio LLP, which announced the development in Continue reading
Health Canada Recalls Babyganics Kids Sunscreen Due to Solvent Issue
Health Canada has issued a recall for certain batches of SC Johnson & Son, Inc.’s Kids by Babyganics SPF 50 Mineral Sunscreen Totally Tropical. The recall affects both the rollerball and continuous spray formats of the sunscreen after a solvent, monoglyme (also known as 1,2-dimethoxyethane), was discovered in the product above the permissible limit. This Continue reading
Royal Canadian Mint Produces Currency for 80 Countries Worldwide
The Royal Canadian Mint (RCM), established in 1908, has grown into a dominant force in global coin production, with a reach spanning over 80 countries. Originally founded to produce currency for Canada, the Mint expanded its operations internationally in 1918, beginning with coin production for Jamaica. In 1976, it further solidified its global role with Continue reading