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
Kathy Hilton
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
Koodo and Virgin Plus Adjust Plans to Compete with Fido
Virgin Plus and Koodo have recently updated their mobile plans, just a day after concluding their Boxing Week promotions. These new plans reflect adjustments to match similar offerings from Fido, with notable changes in pricing and data allowances. New Virgin Plus and Koodo Plans As of January 8, 2025, Virgin Plus and Koodo now offer Continue reading
Loonie Falls as Markets Anticipate Canada’s Response to US Tariff Threat
The Canadian dollar, also known as the loonie, faced its third consecutive day of losses on Thursday as political uncertainty and trade concerns weighed on investor sentiment. Market watchers are awaiting key domestic employment data to gauge the direction of the Canadian economy. Canadian Dollar Slides as Markets Await Jobs Data The loonie traded 0.1% Continue reading
Three Lottery Winners Share $1 Million Here’s How They Plan to Spend It
In an incredible twist of luck, three Ontario residents are celebrating after splitting a $1 million Maxmillions prize in the December 3, 2024, Lotto Max draw. Each winner walked away with $333,333.40, adding a significant boost to their bank accounts. December’s $80 Million Lotto Max Jackpot Made Headlines The December 3 Lotto Max draw was Continue reading