After more than 18 months of negotiations, Canada Post and its unionized postal workers have …
Continue reading
Canada Issues New Travel Advisory for United States After ‘American Pie’ Actor Jasmine Mooney Detained
Tighter Entry Scrutiny Prompts Canadian Government to Warn Travelers In a significant update to its travel guidance, Canada has issued a revised advisory for citizens planning to visit the United States, citing concerns over increased …
Continue reading1200 Month for Retired Seniors Know Eligibility Payment Dates Fact Check
As the cost of living rises, financial security in retirement has become a significant concern for seniors. Many rely on a combination of government benefits, pensions, and savings to cover their expenses. In 2024, a …
Continue reading
2025 Canada $300 Federal Payment Eligibility, Amount, and Payment Dates Explained
Canada’s $300 Federal Payment for 2025 is an important financial initiative aimed at supporting low- to moderate-income Canadians. This article breaks down the key details about eligibility, payment dates, and how to ensure you qualify …
Continue reading
New Benefit Provides Canadian Students with an Additional $150 Monthly
As of January 1, 2025, thousands of Canadian students can benefit from a new financial aid program designed to provide extra monthly cash. This initiative, announced by Minister of Seniors Joanne Thompson, is aimed at …
Continue reading
New Tax Changes in Canada for 2025
As Canadians prepare to welcome 2025, navigating the cost of living and financial planning for the new year remains a priority for many. Several tax-related changes will take effect in early 2025, impacting how people …
Continue reading
Canadian Dollar Slips Lower Against the U.S. Dollar
The US dollar remains poised for potential gains as traders anticipate the release of December’s nonfarm payroll (NFP) data. In a relatively quiet pre-NFP trading session, the USD is idling but could find renewed strength …
Continue reading
Canadian Dollar Outlook USD/CAD Trends Amid Trump, Trudeau, Tiff, and Tariffs
The U.S. Dollar surged to a fresh two-year high this week, but the USD/CAD pair has held steady below last week’s lower-high. Despite bullish momentum, buyers have avoided testing the 1.4500 level in USD/CAD. Several …
Continue reading
January 2025 $928 Payment for Low-Income Canadians Eligibility and Payment Dates
In January 2025, low-income Canadians can expect a $928 payment, providing much-needed financial relief amid rising living costs. This government initiative aims to support individuals and families struggling to meet essential expenses. Whether you’re a …
Continue reading
Turn $30,000 into a Cash-Generating Powerhouse in Your TFSA
Turning your Tax-Free Savings Account (TFSA) into a powerful tool for wealth-building is an exciting challenge for Canadian investors. With $30,000 to invest, you can create a diversified portfolio that grows and generates consistent income. …
Continue reading CRA Announces TFSA Contribution Limit for 2025
Canadian savers are now aware of the additional room they’ll have in their Tax-Free Savings Accounts (TFSA) for the upcoming year. The Canada Revenue Agency (CRA) has confirmed that the TFSA contribution limit for 2025 …
Continue reading