In a strategic move to address gaps in banking services, Canada Post has announced the launch of a national chequing and savings account in partnership with Koho Financial Inc. The accounts are slated to roll out nationwide next year, with Canada Post employees receiving early access as part of a testing phase. Lisa Liu, a 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’s Open and Closed for Groceries in Ottawa This Long Weekend
Ottawa Grocery Store Hours for the Long Weekend Navigating the long weekend in Ottawa requires a bit of planning, especially when it comes to grocery shopping. Here’s a detailed look at the hours of major grocery stores in Ottawa to help you prepare. Grocery Stores Open This Long Weekend Grocery Stores Closed or With Limited Continue reading
Ontario Launches New Initiative to Help Veterans Transition to Rewarding Skilled Trades Careers
$3 Million Investment in Helmets to Hardhats Canada Supports Military Members’ Civilian Transition In a significant move to support Canadian Armed Forces (CAF) veterans and active members, the Ontario government has announced a $3 million investment in Helmets to Hardhats Canada over the next three years. The funding will assist 650 military personnel in their Continue reading
Ottawa Canadian Film Festival Celebrates This Long Weekend
ByTowne Cinema Hosts a Cinematic Showcase The highly anticipated Ottawa Canadian Film Festival (OCFF) kicked off on Friday, bringing three days of cinematic brilliance to the ByTowne Cinema. Running from Friday to Sunday, the festival shines a spotlight on the creative talent of local and independent filmmakers, celebrating their artistry and contributions to Canada’s film Continue reading
Ottawa Resale Market Sees Renewed Confidence as Home Sales Rise: Key Trends and Insights for 2024
Consumer Confidence Rebounds Amid Steady Sales Activity Ottawa’s resale housing market has shown promising signs of recovery in October 2024, with 1,179 units sold through the MLS® System of the Ottawa Real Estate Board (OREB). This represents a significant increase compared to 1,047 units sold in September, signaling growing consumer confidence bolstered by favorable economic Continue reading
Gardiner Expressway Phase II Construction Kicks Off Four Months Early: Ontario Govt Major Infrastructure Project
The Ontario government has officially commenced Phase II of the Gardiner Expressway rehabilitation project, marking a significant milestone four months earlier than originally scheduled. This acceleration is made possible through a strategic $73 million investment, coupled with a provision that allows construction crews to work around the clock. The aim: to fight congestion and improve Continue reading
How Trump’s Promises Could Influence Interest Rates in Canada
Donald Trump’s election as U.S. president has raised questions about potential changes in U.S. economic policies and the subsequent ripple effects on Canada. With promises ranging from significant tariffs on imports to sweeping tax cuts and deregulation, experts believe that these measures could stir inflationary pressures south of the border, influencing interest rate strategies both Continue reading
Canada’s Jobless Rate Steady at 6.5% in October: Hiring Slowdown Raises Economic Concerns
Employment Trends in October: Key Highlights Canada’s unemployment rate remained unchanged at 6.5% in October, according to data released by Statistics Canada. Despite expectations for stronger job gains, the economy added only 15,000 net new jobs, a number significantly below analysts’ forecasts. This stagnation signals a potential cooling of the labor market as the economic Continue reading
Canadian Dollar Rises as Investors U.S. Federal Reserve Cuts Rates
The Canadian dollar made a notable recovery on Thursday, gaining 0.6% against its U.S. counterpart after a turbulent period marked by concerns over tariff risks and global political uncertainty. This rebound comes as investors recalibrate their expectations about potential disruptions to the Canadian economy, particularly following recent comments on U.S. tariffs and a significant interest Continue reading
GST/HST Credit Payment Dates 2023-2024: Netfile, Cheques and Paper Returns
The Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit is a tax-free quarterly payment provided by the Canadian government to help individuals and families with low or modest incomes offset the cost of GST/HST. For those receiving the GST/HST credit, it’s important to know the payment dates and how to ensure you receive your payments, Continue reading