A range of products, including specialty printers, battery replacements, chocolate, and entertainment centres, have recently been recalled by Health Canada and the Canadian Food Inspection Agency. These recalls affect items sold on Amazon and potentially through other retailers. Read on to learn about these recalls, their risks, and the recommended actions for affected consumers. Lexmark Continue reading
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Ontario Introduces New Pilot Program for Canadian Permanent Residency Pathway
The Ontario Immigrant Nominee Program (OINP) has introduced an exciting new opportunity for skilled immigrants: the Regional Economic Development through Immigration (REDI) pilot program. This innovative pilot program will run from January 2 to December 31, 2025, aiming to address labor shortages in key industries across four rural and northern regions of Ontario. Overview of Continue reading
Ontario Starts Mailing $200 Rebate Cheques to Residents keep eye on mail box
The Ontario government has officially begun distributing $200 rebate cheques to taxpayers as part of its $3 billion initiative to ease the financial strain caused by rising costs. Announced in October 2024, the Ontario Taxpayer Rebate aims to provide relief to residents grappling with inflation, high interest rates, and the federal carbon tax. Here’s everything Continue reading
Tips to Avoid Pink Tax in 2025: Smart Strategies to Save Money on Everyday Products
The “pink tax” refers to the additional cost associated with products marketed specifically toward women and girls compared to their male-marketed equivalents. From razors and shampoo to clothing and toys, this phenomenon costs women more money for virtually identical items. But in 2025, you can take steps to dodge the pink tax and make smarter Continue reading
CRA to Review Benefits for 200k Canadians in 2025: What You Need to Know
The Canada Revenue Agency (CRA) is preparing for its annual benefits review in 2025, which means approximately 200,000 Canadians will receive letters requesting updated information. While this might sound daunting, it’s a routine process to ensure government benefits like the Canada Child Benefit (CCB) and GST/HST Credit are accurate and sent to the right recipients. Continue reading
How Potential Tariffs Could Affect Your Wallet: What You Need to Know
The possibility of tariffs has been making headlines, with U.S. president-elect Donald Trump suggesting a 25% levy on Canadian goods. While the primary focus is on the potential impact on industries, consumers may also feel the effects directly at the checkout counter. Here’s a closer look at how tariffs could influence your wallet and daily Continue reading
$300 Extra Canada Child Benefit Payments in 2025 If You Live in These Provinces: Check it out
Raising kids in Canada comes with unique financial challenges, but the Canada Child Benefit (CCB) is here to help. Administered by the Canada Revenue Agency (CRA), these tax-free monthly payments are a lifeline for families, offering up to $648 per child each month. Ontario Child Care Gets a Makeover: Lower Fees and New Funding Formula Continue reading
OAS Clawback 2025: Changes, Thresholds, and Strategies to Maximize Your Benefits
As retirement approaches, the Old Age Security (OAS) clawback 2025 becomes an important consideration for Canadian seniors planning their financial future. This recovery tax can significantly impact your retirement income if your earnings exceed the government’s set thresholds. Let’s explore how the OAS clawback 2025 works, what changes to expect, and actionable strategies to reduce Continue reading
HOOPP Pension Increase 2025: How it Works & HealthCare Benefits
As a retired member of the HOOPP Pension Plan (Healthcare of Ontario Pension Plan), you can enjoy peace of mind knowing your pension will last a lifetime. Offering a secure monthly income, the HOOPP Pension Plan also provides optional inflation protection through Cost of Living Adjustments (COLA) to help preserve the purchasing power of your Continue reading
Are CPP Contribution Limit Going up in 2025? Key Updates to Maximize Your Retirement Savings
The Canada Revenue Agency (CRA) has announced significant changes to the Canada Pension Plan (CPP) for 2025, aimed at enhancing retirement benefits for Canadians. With increases in both the Year’s Maximum Pensionable Earnings (YMPE) and the Year’s Additional Maximum Pensionable Earnings (YAMPE), the updates will affect CPP contributions in 2025 for employees, employers, and self-employed Continue reading