In January 2025, Canada introduced a new carbon rebate aimed at helping small businesses reduce the impact of fuel charges on their operations. The Canada Carbon Rebate, primarily for small and medium-sized enterprises, assists businesses in mitigating the increasing expenses linked to fuel consumption. This program, set up in the 2024 Canadian Budget, brings relief … Read more
In 2025, the Canadian government is offering a one-time, tax-free rebate worth $250 to eligible working Canadians. Set to roll out in the spring, this initiative is aimed at providing some financial relief to Canadians who have struggled with rising costs in recent years. But who exactly qualifies for this rebate? What do they need … Read more
A recent class action lawsuit settlement in Canada involving Yahoo and Rogers customers offers an important opportunity for eligible individuals to claim compensation. This settlement, stemming from security breaches in Yahoo email accounts between 2012 and 2016, has resulted in a fund of $20 million. As a part of the settlement, individuals can receive up … Read more
In an important update for international students, the Canadian government has announced its revised list of accredited post-graduation programs and institutions that qualify for the Post-Graduation Work Permit (PGWP) for 2025. These changes reflect the government’s continuous efforts to attract and retain talent by providing international students the opportunity to gain valuable work experience after … Read more
In 2025, Canada will once again increase minimum wages across its provinces and territories. This adjustment reflects the continued efforts of federal and provincial governments to ensure workers’ pay keeps up with the rising cost of living and regional economic demands. With these increases, workers can anticipate improved financial stability, while employers must adapt to … Read more
If you’re a Canadian citizen or resident, you’re probably aware that managing your financial details efficiently is a must. One of the easiest ways to keep track of your financial affairs is by accessing your CRA (Canada Revenue Agency) My Account. This digital platform provides access to various services that can help with tax management, … Read more
The Old Age Security (OAS) Benefit is a vital government-funded pension program in Canada, designed to provide financial support to individuals aged 65 and older. As of January 2025, various rumors have circulated about a one-time $1,980 OAS payment to seniors, causing significant interest and concern among the senior population in Canada. However, these claims … Read more
The Canadian government’s new initiative, the Canada Disability Benefit (CDB), aims to improve the financial situation for those living with disabilities. As announced in the 2024 federal budget, the program will offer up to $2,400 annually to eligible Canadians. This move represents a significant step towards ensuring better financial support for people with disabilities. Payments … Read more
The Ontario Trillium Benefit (OTB) is an important financial program aimed at alleviating the cost of living for Ontario residents, particularly those with low to moderate incomes. Released on January 10, 2025, the OTB payment marks a crucial moment for many households that rely on this financial support to manage their expenses related to property … Read more
In 2024, Canada continues to be one of the world’s most attractive destinations for international workers. Employers benefit from a well-established framework that allows them to tap into a broad pool of skilled labor, and workers are often drawn to Canada’s high standard of living and progressive policies. As the country’s economy evolves, its work … Read more