The federal government has announced the pause of its five-year-old Incentives for Zero-Emission Vehicles (iZEV) Program, which provided up to $5,000 in rebates to Canadians purchasing electric vehicles (EVs). Launched in 2019, the program has supported the purchase of over 546,000 vehicles, contributing to a rise in EV adoption from 3.1% in 2019 to 11.7% Continue reading
Kathy Hilton
Top Picks to Buy During Canada’s GST Holiday Tax Break
In an effort to ease the financial burden on Canadians during the costly gift-giving season, Prime Minister Justin Trudeau announced a GST holiday on essential items. The two-month tax break, which began on December 14 and runs through February 15, has prompted Canadians to share their strategies for saving money. From stocking up on groceries Continue reading
Over 150 Students at University of Guelph Report Illness, Public Health Confirms
A gastroenteritis outbreak has affected the University of Guelph, with more than 150 cases confirmed so far. Dr. Nicola Mercer, the medical officer of health for Wellington-Dufferin-Guelph Public Health, warned that the actual number of cases may be much higher. What Is Gastroenteritis and Its Symptoms? Gastroenteritis, commonly known as stomach flu, is an infection Continue reading
Ontario’s Wealthiest Family Holds Nearly $100 Billion Fortune
Canada’s wealthiest individuals continue to amass extraordinary fortunes, according to the latest January 2025 data pulled from Forbes’ Real-Time Billionaires list. While high-profile names like Elon Musk and Jeff Bezos dominate the global rankings, Canadians are making their mark, with a few prominent personalities regularly appearing among the world’s wealthiest. The Thomson Family: Canada’s Richest Continue reading
Canada Braces for a Surge in 2025 Mortgage Renewals How Homeowners Are Preparing for Payment Shocks
Homeowners across Canada are bracing for the financial impact of mortgage renewals in 2025. For many, the anticipated rate increases will present significant challenges. Below, we’ll explore what this means for Canadians, the broader implications on the housing market, and strategies to secure the best deal. Rising Mortgage Rates: A Looming Challenge Alecia, a 63-year-old Continue reading
Ontario Government is Hiring Check Out These High-Paying Job Opportunities
Searching for a new job can be daunting, but with a bit of specialized training or education, you could unlock exciting career opportunities with the Government of Ontario. Whether you’re a seasoned expert or a recent graduate, the provincial government’s career page offers a wide range of roles that match diverse qualifications. Here are some Continue reading
New Benefit Provides Canadian Students with an Extra $150 Monthly
Thousands of Students to Benefit from CPP Changes A new government initiative is set to provide thousands of Canadian students with additional financial support in 2025. On Wednesday, Minister of Seniors Joanne Thompson announced the introduction of a new benefit for part-time students aged 18 to 24 whose parents are disabled or deceased and contributed Continue reading
Top Tax Incentives for Canadian Homeowners to Maximize in 2025
Owning a home in Canada can be expensive, but the good news is that there are numerous tax incentives available to help reduce housing costs and increase your savings. Whether you’re saving for your first home, recently purchased one, or made upgrades to your property, there are several credits and deductions you should know about. Continue reading
Canadian Parents to Receive Higher Government Benefits in 2025
Canadian parents can look forward to an increase in their Canada Child Benefit (CCB) payments starting in July 2025. However, the upcoming boost won’t match the substantial increases seen in the past two years. Annual CCB Adjustments and Indexation Every July, the Canadian government adjusts CCB amounts to align with changes in the cost of Continue reading
Canadian Workers Can Receive Up to $566 from a CRA Benefit Payment This January
The new year brings fresh opportunities for Canadians to take advantage of federal benefits in 2025, including the Advanced Canada Workers Benefit (ACWB). This refundable tax credit supports lower-income workers, helping them tackle the rising cost of living. Advanced payments for the ACWB are being sent out this week, providing timely financial relief for those Continue reading