Are you ready for some financial relief? The first Ontario Trillium Benefit (OTB) payment of 2025 is scheduled for January 10, 2025. This crucial program provides essential support to thousands of low- and moderate-income Ontarians, helping them manage increasing living expenses, including property taxes, energy bills, and sales taxes. With last year’s increase, the OTB Continue reading
Kathy Hilton
Over 40,000 John Deere Lawn Mowers Recalled Across North America
John Deere Issues Recall of Zero Turn Mowers Across North America The U.S. Consumer Product Safety Commission (CPSC) has announced a recall of over 40,000 John Deere lawn mowers in North America. The recall involves the John Deere ZTrak Zero Turn Mowers equipped with Kawasaki Engines. These mowers are being recalled due to a potential Continue reading
Canada Agri-Food Pilot to Open 1,010 New Application Slots in 2025
The Canada Agri-Food Pilot program has been a vital pathway for experienced agri-food workers seeking permanent residency in Canada. With new changes announced for 2025, it’s crucial for potential applicants to understand the updated guidelines and act promptly. Key Changes for the Canada Agri-Food Pilot in 2025 The Immigration, Refugees and Citizenship Canada (IRCC) has Continue reading
Is the USD/CAD Exchange Rate at Its Peak?
The USDCAD currency pair remains within a tight three-week trading range of 1.4350-1.4400, despite a brief spike to 1.4465 on the first trading day of 2025. Here’s a detailed technical analysis of the current price action and potential future movements. Technical Indicators Suggest Weakening Momentum The recent price movement shows signs of weakening buying sentiment: Continue reading
USD/CAD Rises Amid Trump’s Tariff Threat Canadian Dollar Outlook
The USD/CAD currency pair has closed above the 1.4000 level to end the year for the first time in over two decades. This milestone marks a significant shift, driven by key market fundamentals and geopolitical developments. Here’s a closer look at the factors behind this breakout and what traders should keep in mind moving forward. Continue reading
Ontario mom of 7 wins $5M lottery, plans to buy accessible home and treat herself to a sandwich
A lucky woman from Waterloo, Ont., has turned her dreams into reality after a life-changing lottery win. Sarah Nellis, a mother of seven, recently became a multi-millionaire by winning the $5 million top prize playing the OLG’s Instant Mega game. A Life-Changing Surprise “I was certainly surprised when I saw that I’d won the top Continue reading
Canada Halts Applications for Parent and Grandparent Permanent Residency Sponsorships
Canada has announced a temporary pause on accepting new parent and grandparent permanent residency sponsorship applications, as stated in a ministerial directive published in the Canada Gazette. The move aims to address existing backlogs while ensuring the government’s commitment to family reunification. Focus on Family Reunification Amid Immigration Backlog Immigration Minister Marc Miller emphasized that Continue reading
CAD Remains Steady Within 1.44 Range Scotiabank
The Canadian Dollar (CAD) remains relatively unchanged during the current trading session, continuing to operate within the range established prior to the holiday break. According to Scotiabank’s Chief FX Strategist, Shaun Osborne, several factors contribute to the CAD’s recent performance and its limited potential for a rebound in the near term. USD/CAD Outlook: Resistance and Continue reading
First Canadian Border Preclearance Facility in the U.S. Set to Open Near Ontario
As Toronto prepares for its new border checkpoint, enabling travelers to complete U.S. customs preclearance before departing for the United States, Canada is making strides in cross-border efficiency with a groundbreaking milestone. The Canada Border Services Agency (CBSA) has announced the opening of its first-ever preclearance operation on U.S. soil, scheduled for 2025, with a Continue reading
What Economists Predict for the Bank of Canada in 2025
Economists at Canada’s major banks predict a less dramatic shift in interest rates in 2025 compared to 2024. However, various economic factors are expected to create new challenges for Canadians and the broader economy. A Look Back at 2024: Significant Rate Cuts Defined the Year In 2024, the Bank of Canada (BoC) implemented five rate Continue reading