Canadian Dollar Strengthens as CPI Data Reduces Expectations for Large Rate Cuts

The Canadian dollar strengthened for a second consecutive day on Tuesday, November 19, against its U.S. counterpart. This surge was fueled by stronger-than-expected inflation data, leading investors to revise their expectations regarding a large interest rate cut from the Bank of Canada (BoC). Canada’s Inflation Rate Surpasses Expectations Canada’s annual inflation rate rose to 2.0% Continue reading

Canada’s Tax System Requires Urgent Overhaul

Compared to other countries in the Organization for Economic Co-operation and Development (OECD), Canada relies heavily on personal taxation revenues. In fact, personal income taxes generally account for around 50% of the country’s total government revenues, though this figure can vary annually. Any reduction in personal tax rates could significantly impact these revenues, which is Continue reading

Major Changes to Canada Work Permit Regulations 2024 – No Cash Jobs

As of October 2024, Canada is implementing significant changes to its work permit regulations that will reshape the employment landscape for both foreign workers and employers. One of the most noteworthy updates is the elimination of cash jobs, a move aimed at increasing transparency and protecting workers’ rights. This article will explore the key changes Continue reading

Ontario Man Wins Lottery Three Times in 11 Years: $30 Million, $1 Million, and $100K in Lottery

Vincent Charlemagne, a Thornhill resident, has proven that lightning can strike thrice when it comes to winning the lottery. After recently winning his third major lottery prize, Charlemagne’s extraordinary luck has made headlines once again. His story of consistent winnings began more than a decade ago, and it’s clear that he’s now enjoying the fruits Continue reading

IRCC Halted Student Direct Stream (SDS) Effective November 8, 2024

In a surprising turn of events, Immigration, Refugees and Citizenship Canada (IRCC) has officially closed the Student Direct Stream (SDS) as of today, November 8, 2024. This means that international students hoping to pursue their studies in Canada will no longer have access to the expedited application process that SDS provided. What This Means for Continue reading

Western Canada Claims $70 Million Lotto Max Jackpot, Ontario Scores Big Too

In an exciting turn of events, the $70-million Lotto Max jackpot was claimed on Tuesday, November 5, 2024, but not by an Ontario resident. A lucky individual from Western Canada matched all seven numbers to win the massive prize, leaving many eager to know more about the winner. According to a spokesperson for the Ontario Continue reading

Chelmsford Couple Hits $1 Million Jackpot with Encore Option

A Chelmsford couple, Rita and Daniel Auger, are celebrating a life-changing win after hitting the $1 million jackpot in the September 17, 2024 Lotto Max draw. The couple, who regularly play the lottery, decided to add the Encore option to their ticket, and that decision paid off big time. By matching all seven Encore numbers Continue reading

St. Anthony Strikes Again with Another $100k Lotto Max TAG Win

A St. Anthony, Newfoundland & Labrador resident is waking up $100,000 richer today after hitting the Lotto Max TAG jackpot in last night’s draw. This lucky ticket matched all six numbers on the TAG, securing a $100,000 prize. This win marks the second TAG payout in just two months for the small Newfoundland town, with Continue reading

North Vancouver Resident Wins VIP Suite at BC Place for His Dream Concert

North Vancouver resident Douglas Lenhart is having the time of his life after winning the Concert of a Lifetime grand prize. Lenhart, an avid music fan, bought a Concert of a Lifetime Scratch & Win ticket on a whim and was over the moon to discover he had won a $25,000 prize. But that was Continue reading

Saskatchewan Woman $1.1 Million VLT Jackpot Won at El Kuroki Motor Hotel

A life-changing moment unfolded in the quiet hamlet of Kuroki, Saskatchewan, on October 31, when Lynette Figeland, a local resident, hit the Vault Breaker jackpot while playing a Video Lottery Terminal (VLT) at the El Kuroki Motor Hotel. Figeland’s incredible win of $1,153,763.74 has brought joy and plans for new dreams, and she credits her Continue reading