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

Is Transferring Your RRSP for a Bonus in 2025 Worth It? Key Factors to Consider First

As Canadians navigate the challenges of a higher cost of living, many are finding it difficult to contribute to their Registered Retirement Savings Plan (RRSP) this year. A recent survey by Edward Jones Canada revealed that one in ten of the 1,528 people surveyed reported being unable to invest in their RRSPs at all. With Continue reading

Canadian Dollar Falls to 3-Week Low as Hopes for Tariff Relief Diminish

The Canadian dollar experienced a notable decline on Thursday, hitting a three-week low against its U.S. counterpart, following U.S. President Donald Trump’s confirmation that tariffs on Canadian goods would take effect on March 4. This statement clarified earlier uncertainties regarding the timing of the tariffs, effectively extinguishing any hopes that the imposition might be postponed. Continue reading

While many Canadian pension funds acknowledge the urgency of climate change, some remain indifferent

Canada’s national pension system is under fire for not meeting its climate change commitments, as leading watchdog group Shift Action for Pension Wealth and Planet Health calls out the country’s pension plans for their lack of progress in a new report. While some of Canada’s top pension funds have made significant strides toward addressing climate-related Continue reading

How Your Net Income is Calculated for Taxes and OAS

Understanding your net income and how it’s calculated is crucial when it comes to managing your finances and minimizing tax liabilities in Canada. The Canada Revenue Agency (CRA) has a specific formula for determining personal income tax, and it’s essential to understand each step of the process to make the most of tax deductions and Continue reading