Canadian Dollar Drops to Multi-Year Lows
The Canadian Dollar (CAD) has taken a hit, plunging to familiar multi-year lows last seen during the pandemic. This drop has pushed USD/CAD above the […]
Ontario Starts Mailing $200 Rebate Cheques to Residents keep eye on mail box
The Ontario government has officially begun distributing $200 rebate cheques to taxpayers as part of its $3 billion initiative to ease the financial strain caused […]
CRA Inflation Relief Payment: $1200 Extra OAS Deposit for Canadian Senior Citizens
In response to rising inflation, the Canadian government has introduced additional support for senior citizens through a $1,200 extra Old Age Security (OAS) payment. This […]
Canada’s 2025 Tax Updates New Brackets, CPP Contribution Changes, and More
As we enter 2025, there are several updates to federal policies that could influence Canadians’ financial planning. While some adjustments are routine, others may require […]
Tips to Avoid Pink Tax in 2025: Smart Strategies to Save Money on Everyday Products
The “pink tax” refers to the additional cost associated with products marketed specifically toward women and girls compared to their male-marketed equivalents. From razors and […]
CRA to Review Benefits for 200k Canadians in 2025: What You Need to Know
The Canada Revenue Agency (CRA) is preparing for its annual benefits review in 2025, which means approximately 200,000 Canadians will receive letters requesting updated information. […]
How Potential Tariffs Could Affect Your Wallet: What You Need to Know
The possibility of tariffs has been making headlines, with U.S. president-elect Donald Trump suggesting a 25% levy on Canadian goods. While the primary focus is […]
6 Unique Canadian Coins to Watch for in 2025, Including a Stunning Light Blue Toonie
Discover the exciting new additions to Canadian coinage that could end up in your change this year! The Royal Canadian Mint has introduced a range […]
$300 Extra Canada Child Benefit Payments in 2025 If You Live in These Provinces: Check it out
Raising kids in Canada comes with unique financial challenges, but the Canada Child Benefit (CCB) is here to help. Administered by the Canada Revenue Agency […]
OAS Clawback 2025: Changes, Thresholds, and Strategies to Maximize Your Benefits
As retirement approaches, the Old Age Security (OAS) clawback 2025 becomes an important consideration for Canadian seniors planning their financial future. This recovery tax can […]