The U.S. dollar has made a strong comeback against most major currencies, including the Canadian dollar, following a significant decline of 1.2% — the largest drop since 2023. This rebound highlights the currency’s resilience in the face of global economic and political uncertainties. Market Reactions to U.S. Policy Speculations In the lead-up to President Trump’s Continue reading
Kathy Hilton
Peavey Mart Announces Closure of 22 Stores in Ontario and Nova Scotia
Peavey Mart, a well-known Canadian agricultural supply retailer, has announced the closure of 21 stores across Ontario and its sole location in Nova Scotia. The company shared this news on Tuesday, with plans to complete the closures by the end of April. Affected Locations in Ontario The closures will impact several communities across Ontario, including: Continue reading
McGill University has been surpassed by the University of Toronto in the latest 2025 rankings of Canada’s top universities
Montreal may be a dream city for students, but when it comes to university rankings, Toronto has taken the lead once again. In CourseCompare’s latest rankings of the best Canadian universities in 2025, the University of Toronto (U of T) has secured the top spot, leaving McGill University trailing behind. Released on January 7, this Continue reading
Top 5 Must-Know Canadian GST/HST Cases of 2024
The beginning of a new year provides an opportunity to reflect on key developments from the previous year. In 2024, several significant GST/HST rulings were issued by the Federal Court of Appeal and the Tax Court of Canada. These decisions offer valuable insights into GST/HST issues that could impact businesses and practitioners in 2025. Below, Continue reading
EU Commission Proposes Pan-European Rules to Help Innovative Firms Harness the Single Market
The European Commission has unveiled a new initiative aimed at preventing innovative startups from relocating to the United States. The proposed framework, dubbed the “28th regime,” seeks to simplify business operations across the 27-nation European Union by introducing a unified set of rules for startups. This announcement was made by Commission President Ursula von der Continue reading
Salmonella Outbreak Across 5 Provinces Linked to Mini Pastries Sickens 61
The Canada Food Inspection Agency (CFIA) has issued a recall for a brand of Sweet Cream mini pastries following a salmonella outbreak that has affected 61 individuals across five provinces. This article covers the key details surrounding the recall, affected products, and the health risks involved. Salmonella Outbreak Affects Multiple Provinces The Public Health Agency Continue reading
Canadian Headline CPI Falls Short of Expectations in December
Canada’s inflation rate saw a slight decline in December 2024, according to Statistics Canada. The Consumer Price Index (CPI), which measures changes in the cost of goods and services, rose by 1.8% year-over-year. This marks a small step down from November’s 1.9% increase and fell slightly below analysts’ expectations of 1.9% growth. On a monthly Continue reading
January Old Age Security Payments Here’s What You Could Receive
January is already more than halfway over, and that means seniors across Canada can expect their first government benefit payments of the year soon. Among these payments are the January Canada Pension Plan (CPP) and Old Age Security (OAS) payments, two vital programs that help seniors manage their living expenses. Old Age Security (OAS) is Continue reading
Boost Your 2025 CCB Payments by Up to $300 If You Live in These Provinces
Hey parents! Did you know you could get more out of your Canada Child Benefit (CCB)? Beyond the federal payments, you may qualify for extra provincial or territorial top-ups depending on where you live. These add-ons can make a big difference in your monthly budget, so let’s dive into what’s available across Canada in 2025. Continue reading
USD/CAD Edges Higher on Modest USD Strength but Struggles to Break Past Mid-1.4300s
The US Dollar (USD) has recently gained traction, moving away from its two-week low retested earlier this week. This upward movement can be attributed to several key factors, including a modest recovery in US Treasury bond yields. Meanwhile, the Canadian Dollar (CAD) faces pressure due to several economic and geopolitical developments. USD Gains Momentum Amid Continue reading