The Old Age Security (OAS) pension is a Canadian government program providing monthly payments to eligible seniors. It is designed to support individuals in their retirement years, and payment amounts are regularly reviewed to keep pace with inflation. How Much Will CPP and OAS Increase in 2025? A Comprehensive Guide for Canadian Retirees Top 10 Continue reading
Sophie Wilson
Sophie Wilson is a finance professional with a strong academic background, having studied at the University of Toronto. Her expertise in finance is complemented by a solid foundation in analytical and strategic thinking, making her a valuable asset in the financial sector.
What is the COLA for Ontario Pension Board 2025? Guaranteed Income with Inflation Protection
One of the standout benefits of having a Public Service Pension Plan (PSPP) pension is the assurance of guaranteed income for the rest of your life. With a defined benefit pension, you can retire with confidence, knowing your income is protected against inflation through an annual Cost of Living Adjustment (COLA). This feature ensures your Continue reading
BC Rent Increase 2025: What Renters Need to Know
In 2025, the Province of British Columbia is setting the maximum allowable rent increase at 3%, tied to inflation. This is a reduction from the 2024 cap of 3.5%, offering further financial relief to renters. “Tying the allowable increase to inflation saves renters hundreds of dollars, compared to the previous government’s policy of inflation plus Continue reading
Will Canada’s Child Benefit Increase in 2025? Let’s Check
Canadian families relying on the Canada Child Benefit (CCB) program are set to receive higher payments starting this Friday. These increases are tied to inflation, ensuring families can better manage the rising costs of raising children. Here’s everything you need to know about the enhanced benefits for the 2024-2025 benefit year. New PEI Child Benefit: Continue reading
Why Is Justin Trudeau Likely to Resign? Is Trump a Factor in Canada’s Political Shakeup?
Justin Trudeau’s anticipated resignation as Canada’s Prime Minister and Liberal Party leader has ignited speculation about the reasons behind his decision. While internal challenges and declining public support are prominent, an unexpected external factor—Donald Trump—has emerged as a potential influence in Canada’s political turbulence. Could Trump’s re-emergence in U.S. politics be part of the equation? Continue reading
Southern Ontario Braces for -18°C and Flurries Jan 05, 2025: Snowfall and Arctic Chill
Southern Ontario is gearing up for a frosty weekend as plunging temperatures and steady flurries dominate the forecast. From Mississauga to Durham, residents should prepare for a true taste of winter with bone-chilling winds, snowy skies, and icy conditions. Cloudy Skies and Morning Flurries to Start Sunday Early risers hoping to catch the 7:50 a.m. Continue reading
Affordable Living: Top 8 Cheapest Places to Buy a House in BC 2025
As housing prices in British Columbia (BC) continue to rise, many prospective homebuyers are searching for more affordable options. While cities like Vancouver and Victoria often dominate headlines for their high costs, several communities across the province offer affordable housing opportunities without sacrificing quality of life. In 2025, here are the top eight cheapest places Continue reading
2025 First GST/HST Credit Payments Going Out Tomorrow: Payment Breakdown, What’s New?
The first GST/HST payment of 2025 is scheduled to be deposited into the accounts of eligible Canadians tomorrow, marking the start of a new year of government support for lower-income individuals and families. These quarterly payments aim to provide financial relief for households facing rising costs of living. In addition to the GST/HST credit, Canadians Continue reading
GST/HST Credit Payments for January 2025 Are Coming Soon — Find Out How Much You Could Receive
With inflation continuing to affect everyday costs in Canada, the upcoming January 2025 GST/HST Credit payment offers welcome financial relief for households with lower or modest incomes. This quarterly tax-free payment, issued by the Canada Revenue Agency (CRA), is designed to help offset the costs of Goods and Services Tax (GST) and Harmonized Sales Tax Continue reading
Thunder Bay Couple Wins $1-Million Jackpot: A Dream Retirement on the Horizon
A Thunder Bay couple’s lives took a joyous turn after they discovered their Lotto 6/49 Gold Ball Draw ticket was worth an incredible $1 million. Steve and Joanne Scerba, long-time residents of Thunder Bay, are now planning a bright future filled with home improvements, investments, and sunny vacations. The Moment of Discovery Steve Scerba, a Continue reading