Waterloo Region Homeowners Face 9.48% Increase in 2025 Property Tax

The Waterloo Region Council has been locked in intense discussions regarding the 2025 budget, with property tax hikes and service cuts at the center of the debate. After a marathon meeting earlier this month failed to set the budget, councillors reconvened Thursday and Friday to make critical decisions. A Closer Look at the Tax Increase Continue reading

Donald Trump Suggests Many Canadians Favor Joining the U.S. as the 51st State

In a recent post on Truth Social, U.S. President-elect Donald Trump has once again stirred controversy by suggesting Canada should consider becoming part of the United States. His remarks have sparked debate on both sides of the border. Trump Says Canadians Favor Joining the U.S. According to Trump, many Canadians would welcome the idea of Continue reading

A Perfect Storm Brewing for the Canadian Dollar

The USD/CAD currency pair is trading at pandemic-era highs as Canada’s loonie grapples with a loss of its safer commodity currency status. Donald Trump’s threat of imposing 25% tariffs on Canadian goods has added a layer of volatility, threatening a full-scale North American trade war that could push USD/CAD to the 1.50 mark. Meanwhile, the Continue reading

Ontario Commits Over $18 Million to Enhance Local Healthcare Facilities

The provincial government has committed over $18 million to enhance staffing and operations at local healthcare organizations across Northwestern Ontario. This funding is a significant step toward addressing the challenges faced by rural communities and supporting diverse populations in the region. Improving Healthcare Access and Supporting Workers This investment aims to: Thunder Bay Regional Health Continue reading

Air Canada to Launch 7 New U.S. Destinations by 2028

Air Canada, the Canadian flag carrier based in Montreal, Quebec, has revealed plans to expand its U.S. network significantly over the next few years. In its annual investor conference, Air Canada confirmed that the airline intends to launch over seven new U.S. destinations by 2028, with possible additions to cities like Kansas City, Hartford, and Continue reading

Is Canada Heading Toward a Recession?

As Canada grapples with rising unemployment rates and a tightening monetary policy, the question of whether the country can avoid a recession has become increasingly important. Analysts are divided, with some believing that strong population growth and targeted monetary policy will stave off an economic downturn, while others warn that Canada is already in a Continue reading

How a Weakened Canadian Dollar Affects the Retail Sector

The weakening Canadian dollar has broad implications for Canadian consumers, retailers, and businesses, particularly in relation to trade with the U.S. and other countries. Experts in retail, economics, and supply chain logistics weigh in on the potential outcomes of this economic shift. Canadians Face Higher Costs for U.S. Goods Doug Stephens, Founder of Retail Prophet, Continue reading

Tax Filing Set to Become Easier for More Canadians

The federal government is making strides toward simplifying tax filing for Canadians by expanding automatic tax filing initiatives. As outlined in the 2024 Fall Economic Statement, the Canada Revenue Agency (CRA) is working to modernize the tax system and reduce the need for costly, complex tax filing services. Success of Pilot Programs Paves the Way Continue reading

Ontario’s Teacher Shortage Leaves Students and Parents Frustrated

Ontario is facing a significant challenge in retaining and recruiting teachers, and the impact is being felt directly in classrooms across the province. For Janu Gopalapillai, a Scarborough mother of five, the issue has hit close to home. Her daughter, a Grade 7/8 French immersion student at General Crerar Public School, has been without a Continue reading