The Old Age Security (OAS) program, a cornerstone of Canada’s social safety net, provides monthly payments to eligible seniors aged 65 and older. In 2025, recipients can anticipate both predictable payment dates and potential increases due to inflation adjustments. Here’s an overview based on official updates. OAS Payment Dates for 2025 The Government of Canada Continue reading
Key Considerations and Common Mistakes to Avoid as Tax Filing Season Begins
It’s that time of the year again: time to gather up your receipts and get ready for your tax return. As the official tax-filing season opens, with electronic filing service Netfile starting on Monday, it’s essential to be prepared. To help you navigate the process and potentially maximize your refund, here’s a detailed guide on Continue reading
Experience Ontario’s New Largest Border Crossing in Canada
Canada and the U.S. are on the verge of an extraordinary milestone with the nearing completion of the highly anticipated Gordie Howe International Bridge, which will soon stand as the largest border crossing between the two nations. It will also boast the title of the longest cable-stayed bridge in North America, marking an engineering feat Continue reading
Didn’t Receive Your GST/HST Credit in February? Here’s What You Can Do to Claim It
The Goods and Services Tax (GST)/Harmonized Sales Tax (HST) Credit is a tax-free, quarterly payment designed to help low- and middle-income Canadians offset the cost of GST/HST they pay. This credit is especially helpful for individuals and families struggling with everyday expenses. However, confusion often arises regarding the timing of payments, leading to a surge Continue reading
Canada’s $250 GST Relief Payment Arriving in March 2025 Eligibility and Important Dates
In March 2025, Canadians will get a breath of relief when the government rolls out a one-time $250 GST Relief Payment to help ease the financial pressure of rising living costs. This special payment is part of a broader initiative by the Canadian government aimed at supporting lower and middle-income households as they struggle with Continue reading
Centrelink Payment Schedule for March 2025: Key Dates, Eligibility & Payment Updates
For Australians relying on Centrelink payments, knowing the exact payment schedule is essential for financial planning. Whether you receive a pension, an allowance, or other government assistance, keeping track of payment dates ensures that you manage your budget effectively. This guide covers everything you need to know about Centrelink payment dates for March 2025, eligibility Continue reading
AGL Fights $25M Fine for Wrongly Taking Welfare Payments: “Excessive and Unjust”
Energy giant AGL is pushing back against a massive $25 million fine imposed for wrongly withdrawing welfare payments from hundreds of vulnerable Australians. The company argues that the penalty is “manifestly excessive” and that the federal court judge should not have used the fine as a means to “provoke attention” from AGL’s board and executive Continue reading
Young Mum Shocked by Unexpected $8,000 Centrelink Debt: What Went Wrong?
A young Australian mother was left devastated after receiving an unexpected $8,000 Centrelink debt notice. The shocking bill arrived without warning, leaving her scrambling for answers and wondering how she would repay such a significant amount. The Unexpected Debt: How It Happened The mum, who had been relying on Centrelink payments to support her family, Continue reading
NAB & Westpac Game-Changing $110,000 Home Loan Offset Strategy: How Multiple Accounts Can Supercharge Savings
Two of Australia’s biggest banks, NAB and Westpac, have announced a powerful new mortgage feature allowing customers to set up multiple offset accounts linked to their home loans. This move follows growing demand for offset accounts, with NAB revealing that around 70% of new homeowners are now utilizing them. Offset accounts are transaction accounts tied Continue reading
Massive $300,000 Mortgage Savings Available Following RBA Rate Cut – Here’s How to Maximize Your Benefit
Australian homeowners have a golden opportunity to save up to $300,000 on their mortgages following the Reserve Bank of Australia’s (RBA) first interest rate cut since 2020. The central bank has reduced the official cash rate from 4.35% to 4.10%, prompting major banks to pass on these savings to millions of customers. However, financial experts Continue reading