Finance

What is the Ontario Trillium Benefit (OTB)? The Ontario Trillium Benefit (OTB) is a monthly, tax-free payment created to help Ontario residents offset essential living costs, like energy bills, property taxes, and sales tax on necessities. The benefit combines three different credits into one simplified deposit: Although the OTB is funded by the Government of Continue reading

Microbial Contamination Prompts Nationwide Recall of High-End Day Cream Health Canada has issued a recall for a widely used anti-aging face cream due to concerns over microbial contamination. The affected product, Watier Age Control Supreme Sublime Advanced Rich Day Cream, is sold at major retailers including Shoppers Drug Mart, Sephora, and Amazon Canada. The luxury Continue reading

he election of Mark Carney—former Bank of Canada and Bank of England governor—as Prime Minister of Canada has triggered widespread speculation about how his government’s aggressive fiscal agenda could affect the Bank of Canada’s (BoC) path for interest rate cuts in 2025. With the federal government set to inject nearly C$130 billion in fiscal stimulus, Continue reading

The Canada Carbon Rebate, formerly known as the Climate Action Incentive, continues to be a crucial federal benefit in 2025, aimed at helping Canadians offset the growing cost of fuel, home heating, and other carbon-taxed essentials. This rebate program redistributes a portion of carbon pricing revenue directly to households, easing the financial burden while promoting Continue reading

Families across the United States can expect meaningful financial relief in 2025 through the enhanced Federal $2000 Child Tax Credit, which now offers monthly payments to help households manage ongoing expenses. Here’s everything parents need to know about the updated program, including eligibility requirements, payment schedules, and how to claim the credit. What Is the Continue reading

Loonie Strengthens Slightly Against the U.S. Dollar The Canadian dollar posted modest gains against its U.S. counterpart on Monday, supported by rising domestic bond yields and broad market movements in global commodities. By the end of the trading session, the loonie was up 0.1%, sitting at C$1.3811 per U.S. dollar, equivalent to approximately 72.41 U.S. Continue reading

As the cost of living rises across Canada, seniors are relying more than ever on government pensions. The Old Age Security (OAS) program remains a cornerstone of financial support for Canadians aged 65 and older. As of May 2025, new payment rates, eligibility criteria, and tax guidelines have been confirmed, making it essential for current Continue reading

If you’ve used Cash App and experienced unauthorized account access, fraudulent charges, or unresolved freezes, you could be in line to receive compensation as part of the $15 million Cash App settlement. Parent company Block, Inc. agreed to the payout following a class action lawsuit over security failures and unfair account management practices — and Continue reading

Overview: What You Need to Know About the GST/HST Credit in 2025 As of May 2025, many Canadians are preparing for the upcoming summer installment of the Goods and Services Tax (GST) and Harmonized Sales Tax (HST) credits. These are tax-free quarterly payments distributed by the Canada Revenue Agency (CRA) to support individuals and families Continue reading

Thousands of Alaskans are preparing to receive a $1,702 stimulus check in May 2025, issued through the state’s Permanent Fund Dividend (PFD) program. If you’re wondering whether you qualify for this important financial support, here’s a complete breakdown of the eligibility requirements, payment schedule, and other key details. What Is the $1,702 Stimulus Check in Continue reading