Finance

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

The USD/CAD currency pair edged higher on Tuesday during North American trading hours, holding firm near the 1.3855 mark. The modest upward momentum comes as the US Dollar (USD) strengthens slightly, underpinned by market optimism over potential de-escalation in the ongoing US-China trade conflict. At the time of writing, the US Dollar Index (DXY), which Continue reading

A long-awaited payout is finally here for many current and former Government of Canada employees who were affected by the infamous Phoenix pay system debacle. If you were a casual, student, part-time, or short-term federal worker between 2016 and 2020 and experienced payroll issues, you may now be eligible for compensation of up to $875. Continue reading

If you’ve ever been a Verizon customer, you might be owed money—and you don’t even need to dig through your old bills to claim it. A recent $100 million Verizon class action settlement in 2025 is offering payments to eligible current and former users who were unknowingly charged administrative fees on their monthly bills. Here’s Continue reading

The Guaranteed Income Supplement (GIS) remains one of the most important financial assistance programs available to low-income seniors in Canada. With the rising cost of living in 2025, it’s more important than ever to understand the latest updates — especially regarding eligibility, payment amounts, key dates, and application steps for the GIS benefit. Let’s walk Continue reading

If you’ve ever checked your bank account and noticed a mysterious deposit labeled “Canada FPT Payment“, you’re not alone. Many Canadians wonder what this transaction is and where the money is coming from. In 2025, the Canada FPT Payment continues to be a key financial support tool from both the federal and provincial governments, helping Continue reading

Amidst soaring inflation and skyrocketing rental prices, many Canadians are facing serious financial hardship—particularly renters living in urban centers. In response to the growing affordability crisis, the federal government is reportedly exploring a $2600 Rent Relief Payment to support low- and moderate-income households struggling to afford their housing costs. Though still unconfirmed, this potential relief Continue reading

The Canada Carbon Rebate (CCR)—formerly known as the Climate Action Incentive Payment—has served as a quarterly, tax-free benefit that helps households offset the cost of Canada’s federal carbon tax. The rebate was part of the government’s broader climate strategy, designed to make life more affordable while pricing pollution. As of April 1, 2025, Prime Minister Continue reading