Finance

In a move to support Canadians amid rising living costs, the federal government has introduced the $250 Working Canadian Rebate, set to be distributed in early spring 2025. This one-time, tax-free payment aims to provide financial relief to eligible working individuals and families across the country. What is the $250 Working Canadian Rebate? The $250 Continue reading

Starting July 2025, the Canada Child Benefit (CCB) will see a 2.7% increase, providing additional financial support to families raising children under 18. This adjustment aligns with the federal government’s annual indexation to the Consumer Price Index (CPI), ensuring that the benefit keeps pace with inflation. Updated Canada Child Benefit Amounts for 2025–2026 For the Continue reading

As of now, there is no officially confirmed “Extra GST/HST Payment” scheduled for 2025. The Canada Revenue Agency (CRA) continues to provide the regular GST/HST credit, a tax-free quarterly payment designed to assist individuals and families with low and modest incomes in offsetting the GST or HST they pay. Here’s everything you need to know Continue reading

If you’re a senior living in Ontario, your GAINS Ontario May 2025 payment may offer a much-needed financial boost. The Guaranteed Annual Income System (GAINS) is a provincial benefit designed to top up the federal Old Age Security (OAS) and Guaranteed Income Supplement (GIS) for low-income seniors. In this detailed guide, we cover everything you Continue reading

Canadians are about to see a noticeable bump in their take-home pay beginning July 1, 2025, thanks to a new federal tax cut aimed squarely at the middle class. The Government of Canada, under newly sworn-in Prime Minister Mark Carney, has officially announced a reduction in the lowest personal income tax rate from 15% to Continue reading

Understanding the $95M Apple Siri Settlement and What It Means for Device Owners Apple Inc. has agreed to a $95 million class action settlement to resolve allegations that its Siri digital assistant unintentionally recorded private conversations and may have shared them with third parties. This settlement stems from a class action lawsuit filed in 2019, Continue reading

Social Security Administration Announces Third Round of May Payments Some Social Security recipients can expect to receive a check of nearly $2,000 on Wednesday, May 14, as part of the monthly distribution schedule by the Social Security Administration (SSA). This will mark the third round of payments for May 2025 and applies to a specific Continue reading

After more than a decade of legal battles, millions of Blue Cross Blue Shield subscribers are finally set to receive payouts from a $2.67 billion settlement. The long-awaited disbursement follows the resolution of a 2013 antitrust class-action lawsuit that accused BCBS of unfairly restricting competition across its nationwide network of independent insurers. Here’s everything you Continue reading

The Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit is a valuable non-taxable benefit provided by the Government of Canada to help individuals and families with low or modest incomes offset the GST or HST they pay on purchases. If you’re eligible, it’s important to be aware of when your payments will arrive in 2025, Continue reading

The Canada Housing Benefit (CHB) remains an essential program in 2025, continuing its mission to help low-income renters afford safe and stable housing. This initiative, part of Canada’s National Housing Strategy, is jointly funded by the federal and provincial or territorial governments. Despite online rumors and misinformation, the Canada Housing Benefit is still active, but Continue reading