Canada’s Health-Care Spending Set to Exceed Economic Growth in 2024, CIHI Reports

The Canadian Institute for Health Information (CIHI) has projected a new high in health-care spending for Canada in 2024. According to the CIHI’s annual report released Thursday, total health-care spending is expected to reach $372 billion, or approximately $9,054 per Canadian. Health-Care Expenditures Expected to Increase CIHI’s national analysis indicates that health-care expenditures will rise … Read more

What Centrelink Payments Coming in November 2024: Eligibility, Amounts, and Key Details”

As the year draws to a close, Centrelink has scheduled several payment types for November 2024, supporting Australians with financial assistance to cover daily living expenses, housing, and more. Here’s a detailed look at which payments are coming in November, their eligibility criteria, payment amounts, and additional updates. Key Centrelink Payment Dates in November 2024 … Read more

Old Canadian Tire Money Could Be Worth Thousands, Here’s How You Can Cash In

Canadian Tire Money (CTM) has been a staple in Canadian retail for decades. First introduced in the 1950s as a loyalty program, these colorful paper bills were issued to customers as rewards for their purchases. Over time, many Canadians accumulated stacks of Canadian Tire money, often forgetting about it in drawers or wallets. However, these … Read more

Average vs. Median Income in Canada: What’s the Difference? 

When discussing income levels in Canada, you’ll often hear two terms: average income and median income. While they both provide insights into financial situations, they represent different aspects of the data. Average Income Median Income Why the Difference Matters Understanding Income Distribution in Canada Calculating Average and Median Income To calculate average income, simply add … Read more

Centrelink’s Reverse Mortgage Scheme: How It Works in 2024

The Centrelink Reverse Mortgage Scheme, now called the Home Equity Access Scheme (HEAS), allows Australian seniors to supplement their retirement income by borrowing against their home equity. Available to individuals of pension age or those eligible for certain government benefits, the scheme provides regular payments or lump sums while the homeowner continues to live in … Read more

Scotiabank Mortgage Calculator for Smart Homebuyers

In the journey to homeownership, one of the most crucial steps is understanding how much you can afford. Whether you’re a first-time buyer or looking to upgrade, having a clear picture of your financial capabilities helps you make informed decisions. Scotiabank’s mortgage calculator is designed to do just that—simplifying the process for potential homeowners by … Read more

$1800 Social Security Payment SSA Approved Checks: Who Will Receive, When?

In 2024, the Social Security Administration (SSA) has approved a $1,800 payment that is set to provide additional financial support to eligible recipients. This payment is particularly significant for individuals who rely on Social Security as a primary source of income. Here’s an overview of who will receive this payment and when it is expected … Read more