When you hit 65, it’s not just about celebrating another year—it’s about making critical financial decisions that shape your retirement. For those like Sarah, who are still working full-time, managing survivor benefits, and planning for CPP (Canada Pension Plan) and OAS (Old Age Security), the questions can feel overwhelming. Let’s break it down. Understanding CPP Continue reading
Kathy Hilton
Canada’s Federal Minimum Wage to Rise Next Week in 2025
Starting April 1, hundreds of thousands of Canadian workers are set to receive a long-awaited pay raise as the federal minimum wage increases. This adjustment aims to support workers in the federally regulated private sector and reflects Canada’s commitment to reducing income inequality. A Closer Look at the Upcoming Federal Minimum Wage Increase Currently, the Continue reading
Canadians to Receive Tax-Free Payments from the Federal Government This Friday
The Canadian government is set to roll out tax-free disability benefits this Friday, offering financial relief to thousands of eligible individuals. If you’re a veteran, member of the Canadian Armed Forces, RCMP, or even a civilian impacted by wartime service, this guide breaks down everything you need to know about the upcoming payments. What Are Continue reading
New Rules for Child Benefit Tax Returns What You Need to Know About the High Income Child Benefit Charge
In a significant shift set to simplify the tax process for high-income earners, parents who are liable to pay the High Income Child Benefit Charge (HICBC) will soon be able to settle the charge directly through their payslips. This change, announced as part of the UK Spring Statement, aims to eliminate the need for many Continue reading
Quebec’s Childcare Tax Credit Changes Could Result in Losses for Parents
Quebec’s new budget for the fiscal year 2025-2026, announced on March 25 by Finance Minister Eric Girard, brings a range of significant financial shifts, particularly for parents who rely on the childcare tax credit. With the province grappling with a record deficit of $13.6 billion, the government is making some tough choices, one of which Continue reading
9 Government Benefits & Credits Quebec Residents Can Receive in April
As April draws near, Quebec residents can look forward to another round of government payments designed to provide some financial relief for various aspects of daily life. Whether you’re managing household expenses, saving for a special occasion, or looking for some extra cushion in your budget, these payments from both provincial and federal programs are Continue reading
Trump Imposes 25% Tariff on Imported Vehicles, Affecting Canada as Well
U.S. President Donald Trump has announced the implementation of long-awaited tariffs on imported vehicles, set to take effect on April 2, 2025. This bold move has sparked concerns across industries and borders, especially as experts warn it could increase costs for businesses and consumers while destabilizing the United States-Mexico-Canada Agreement (USMCA) that Trump championed during Continue reading
Health Canada Hiring Office Assistants No University Degree Required
Are you on the hunt for a stable and rewarding job? Health Canada is now hiring office assistants across the country, offering a great chance for those who may not have a university degree or college diploma. If you’re interested in supporting the health service provider for federal government employees, this opportunity could be the Continue reading
IRCC Announces Application Process and Eligibility Criteria for New Home Care Worker Pilots
Canada is rolling out exciting new pathways for caregivers through two pilot programs aimed at improving the immigration process for home care workers. Starting March 31, 2025, the Canadian government is launching the Home Care Worker Immigration (Child Care) Class and the Home Care Worker Immigration (Home Support) Class. These initiatives are designed to meet Continue reading
Economists argue that resolving the trade war, not income tax cuts should be Ottawa’s main focus
As Canadian political parties battle for the support of voters, income-tax cuts are taking center stage, with promises aimed at easing the financial burden on middle-class citizens. Both the Liberal and Conservative parties have proposed reductions to the lowest income-tax bracket, but economists warn that these plans could have unintended consequences, particularly in light of Continue reading