In 2025, Canadian families will see a new monthly financial boost with the introduction of the $445 Canada Family Benefit. This initiative aims to alleviate the financial strain many families face due to rising living costs and expenses associated with raising children. As families across the country eagerly anticipate the additional support, it’s crucial to Continue reading
Month: March 2025
Prime Minister’s Statement on Unwarranted U.S. Tariffs Imposed on Canada
In a strongly worded statement issued today, Prime Minister Justin Trudeau condemned the United States’ decision to proceed with the imposition of tariffs on Canadian goods. The U.S. tariffs, amounting to 25% on Canadian exports and 10% on Canadian energy products, were introduced despite a pause of 30 days, marking a significant escalation in the Continue reading
The RRSP Contribution Deadline is Monday How Much Can You Contribute?
Canadians have just a few days left to make Registered Retirement Savings Plan (RRSP) contributions that will count toward their 2024 tax return. The deadline to contribute is Monday, March 3. After this date, any contributions made will only impact your 2025 tax filing. An RRSP is an excellent way to reduce your taxable income, Continue reading
Trump Announces US Tariffs on Canada, Mexico, and China Will Proceed
Canada is expected to react swiftly and decisively to the new tariffs imposed by the United States, and its response could mirror or even exceed the tough stance taken during the Trump administration’s trade disputes. With the US once again putting tariffs on Canadian goods, it seems inevitable that Canada will retaliate, and there are Continue reading
Canada Unveils Significant Changes to Express Entry Categories
Immigration, Refugees, and Citizenship Canada (IRCC) recently announced major updates to the Express Entry categories on February 27, 2025. This announcement introduces key changes to the category-based draws, adding a new category, modifying existing ones, and removing some previously included occupations. These updates are set to shape the pathways for skilled workers aiming to immigrate Continue reading
Growing Canada’s Future How Agriculture Can Drive a New Era of Exports
Canada’s Agricultural Trade Dominance: Opportunities and Challenges for the Future Canada’s agriculture and agri-food industry have undergone a remarkable transformation in recent decades, positioning the country as a key player in global food markets. More than $100 billion worth of agricultural and agri-food products cross Canada’s borders every year, with the U.S. importing nearly 60% Continue reading
March 2025 Government Benefits Payment Dates for Canada Child Benefit, CPP, OAS, ODSP, and More How to Apply and What to Expect
March is bringing essential financial support to thousands of Canadian households. Various government benefits, including the Ontario Trillium Benefit (OTB), Canada Child Benefit (CCB), Canada Pension Plan (CPP), Old Age Security (OAS), Ontario Disability Support Program (ODSP), and Veteran Disability Pensions, will be disbursed throughout the month. Here’s everything you need to know about these Continue reading
3 New CRA Benefit Payments for Ontario Residents Coming in March 2025
As March 2025 sweeps across Ontario, residents from the bustling streets of Toronto to the serene landscapes of Northern Ontario are eagerly anticipating the next round of Canada Revenue Agency (CRA) benefit payments. With ongoing challenges in managing living costs, particularly housing, groceries, and utilities, the government’s continued support in the form of three crucial Continue reading
US Tariff Concerns Fuel Expectations for BOC Rate Cut BBH
Canada’s economic landscape is expected to face a period of subdued growth, as the outlook for business investment remains muted. The latest market expectations indicate that there is more than a 50% chance of the Bank of Canada (BoC) implementing a 25 basis point (bps) policy rate cut in March. Over the next 12 months, Continue reading
Canada Regulator to Charge Google for Operating Costs of Online News Law
Canada’s New Fee on Google to Enforce Online News Act Sparks Tensions with U.S. Tech Giants On February 26, the Canadian Radio-television and Telecommunications Commission (CRTC) announced that it will levy a fee on Google to help cover the costs of enforcing the Online News Act. This legislation, passed last year, mandates that large digital Continue reading