The Lotto Max draw on Tuesday, December 3, 2024, created life-changing moments for several lucky players across Canada. The highly anticipated $80 million jackpot was split between two winners in Alberta and Quebec, while Ontario saw a wave of winners in various prize categories, including several Maxmillions payouts. The $80 Million Jackpot Winners The grand Continue reading
Month: December 2024
Lotto Max $80M Jackpot: Two Winners Take $40M Each in 2 Provinces
Two Big Winners Share $80M Jackpot Tuesday night’s Lotto Max draw created two multimillionaires, as the massive $80-million jackpot was split between a winner in Alberta and another in Quebec. Each of the lucky winners will take home an incredible $40 million. Ontario’s Wave of Winners Ontario residents also had a reason to celebrate. Nearly Continue reading
CRA Denied an Ontario Taxpayer’s RRSP Deduction due to Pension Adjustments & the Tax Court’s Ruling
Saving for retirement is a priority for many Canadians, with registered retirement savings plans (RRSPs) serving as an effective tool. The rules around RRSP contributions are designed to ensure fairness, especially for individuals participating in employer pension plans. A recent case in Tax Court sheds light on how a misunderstanding of pension adjustments (PAs) can Continue reading
Gold in 2025: 4 Smart Investments to Consider and 4 Pitfalls to Avoid
Gold continues to shine as a reliable hedge against inflation, economic uncertainty, and currency fluctuations. The recent bull market, which saw gold prices climb to a record high of over $2,736 per ounce in late 2024, has drawn significant attention from both seasoned and new investors. With many analysts predicting that gold could surpass the Continue reading
Old Navy & Gap Face New Class-Action Lawsuit 2024 Over “False Discounts”
Canadian consumers who shop at Old Navy and Gap could be involved in a proposed class-action lawsuit. The legal challenge, initiated by Slater Vecchio LLP, claims that Gap (Canada) Inc. and Old Navy (Canada) Inc. have engaged in misleading pricing practices, promoting items online as being sold at “discounted prices” when they are rarely if Continue reading
WestJet Baggage Fee Settlement Lawsuit 2024: How to Claim Your Share of the $12.5 Million
In a significant development for WestJet travelers, the British Columbia Supreme Court has approved a $12.5 million class-action settlement for passengers who were incorrectly charged for their first checked bag on certain flights between 2014 and 2019. The claim process is now open, and eligible travelers have until February 10, 2025, to submit their applications. Continue reading
Desjardins Data Breach Class Action Settlement: Claim Up to $1,000 for Identity Theft
Desjardins has agreed to a $200.8 million class action settlement to resolve allegations that the company failed to protect sensitive customer information during a 2019 data breach. This breach exposed the personal and financial data of approximately 9.7 million Canadians. What Happened? A rogue employee at Desjardins reportedly accessed sensitive consumer information over two years, Continue reading
Canada Immigration Fees Rising December 1: Here’s What You Need to Know About the New Costs
Canada Immigration Fees Set to Increase Starting December 1, 2024Immigration, Refugees, and Citizenship Canada (IRCC) has announced fee increases for various temporary resident applications. These adjustments, ranging from 2.80% to 4.69%, will affect individuals applying for restoration of temporary resident status, authorization to return to Canada, or temporary resident permits. Here’s a complete breakdown of Continue reading