Finance

If you’ve ever invested in TD mutual funds, you may be entitled to a portion of a multimillion-dollar class-action settlement—but time is running out. In March 2025, the Ontario Superior Court of Justice approved an $8.5 million class-action settlement with TD Asset Management Inc., bringing resolution to allegations surrounding improper trailing commission payments. Here’s everything Continue reading

Plan Ahead and Maximize Your Retirement Income with Canada’s Updated Pension Programs Canada’s next Canada Pension Plan (CPP) payment is arriving on Wednesday, August 27, 2025, bringing timely financial support to millions of retirees, survivors, and individuals with disabilities. With a confirmed 2.7% increase for 2025, and added income opportunities through Old Age Security (OAS) Continue reading

The second round of payments under the newly launched Canada Disability Benefit has sparked frustration and hardship for many Canadians, after a system glitch delayed deposits that were scheduled for Thursday. While the benefit was introduced as a lifeline for low-income, working-age individuals with disabilities, the delay has left many wondering how they’ll make it Continue reading

Ontario Works (OW) is a social assistance program designed to help individuals and families in financial need by providing financial support for basic living expenses. If you are wondering how much you can expect to receive in Ontario Works payments in 2025, this article breaks down the key details to help you understand the amounts Continue reading

Many Canadians are wondering if they will receive a GST/HST Credit payment in August 2025. The Canada Revenue Agency (CRA) has confirmed that there will be no GST/HST Credit payment issued during this month. Understanding the official schedule is important to know when to expect this federal benefit. All CRA Benefits Direct Deposit Dates August Continue reading

With inflation on the rise and food prices continuing to climb, many Canadians are feeling the financial pressure. According to Statistics Canada, the inflation rate increased to 1.9% in June, up from 1.7% in May. Grocery costs rose even more sharply, with food purchased from stores up 2.8%. In response, several federal and provincial benefits Continue reading

After more than 18 months of negotiations, Canada Post and its unionized postal workers have yet to reach a final agreement. Even after the federal jobs minister gave a mandate for progress more than three weeks ago, no date has been set for a worker vote on Canada Post’s so-called “final” offer. While the standoff Continue reading

As a new wave of federal payments begins rolling out this month, low-income workers across Canada could be in for a welcome financial boost. Thanks to updates from the Canada Revenue Agency (CRA), the Canada Workers Benefit (CWB)—a tax credit designed to support working Canadians with modest incomes—is increasing in value for 2025. Here’s everything Continue reading

A Closer Look at the One-Percentage-Point Reduction in the Lowest Income Tax Bracket Starting July 1, 2025, the Canadian federal government will reduce the lowest marginal personal income tax rate from 15% to 14%. This strategic change is designed to deliver meaningful relief to middle-class Canadians, benefiting millions of taxpayers across the country. How Much Continue reading

For many Canadians, retirement has long been visualized as a finish line — a specific date marked on a calendar when career ends and leisure begins. Yet, that narrative is evolving. Increasingly, people are choosing — or needing — to stay active in the workforce well beyond age 65. Whether by choice, financial necessity, or Continue reading