Blog

The federal government has announced the pause of its five-year-old Incentives for Zero-Emission Vehicles (iZEV) Program, which provided up to $5,000 in rebates to Canadians purchasing electric vehicles (EVs). Launched in 2019, the program has supported the purchase of over 546,000 vehicles, contributing to a rise in EV adoption from 3.1% in 2019 to 11.7% Continue reading

Choosing where to retire in Canada is a significant decision, impacts your finances, health, and overall lifestyle. While there is no universal “best” province for seniors, each offers unique benefits suited to different preferences and priorities. Let’s explore the factors that can guide you in finding the ideal province for your golden years. Will Seniors Continue reading

The Old Age Security (OAS) pension provides essential financial support to seniors in Canada, helping them maintain a stable income in retirement. Eligibility and payment amounts depend on: OAS payments are taxable income and subject to a recovery tax for individuals with net annual incomes above the 2024 threshold of $90,997. Enhanced OAS Benefits for Continue reading

A gastroenteritis outbreak has affected the University of Guelph, with more than 150 cases confirmed so far. Dr. Nicola Mercer, the medical officer of health for Wellington-Dufferin-Guelph Public Health, warned that the actual number of cases may be much higher. What Is Gastroenteritis and Its Symptoms? Gastroenteritis, commonly known as stomach flu, is an infection Continue reading

As we approach 2025, several updates to pension contribution rates, thresholds, and calculations are set to take effect. This detailed guide provides crucial information for employers, departments, and employees to navigate the changes seamlessly. By understanding the specifics outlined below, employers can ensure accurate payroll programming and respond confidently to employee inquiries. Overview of Changes Continue reading

Canadian students juggling part-time studies and financial challenges now have a new reason to celebrate. The federal government recently announced a Canada Pension Plan (CPP) benefit designed to provide extra financial support to part-time students aged 18 to 24 whose parents are disabled or deceased. What is the New CPP Benefit for Students? This newly Continue reading

The Canada Dental Benefits (CDB) program is designed to make oral health care more accessible to Canadians, offering financial assistance for a range of dental services. Launched to reduce the financial burden of oral health care, the plan ensures eligible individuals and families receive essential dental treatments without excessive out-of-pocket expenses. Government Benefits Coming in Continue reading

The Old Age Security (OAS) Pension Benefits remain unchanged for the January to March 2025 quarter, following Service Canada’s recent quarterly review. This decision reflects a decrease in the Consumer Price Index (CPI) toward the end of 2024, resulting in no adjustments to benefit amounts. Here’s a detailed breakdown of what recipients can expect, including Continue reading

The Canadian Dental Care Plan (CDCP), launching in 2025, will revolutionize access to dental care for millions of Canadians. With an aim to break down financial barriers and improve oral health, this federally funded initiative is designed for those without private dental insurance. This guide will walk you through how to apply, the eligibility criteria, Continue reading

The 2024 federal budget introduced several important policy changes aimed at supporting Canadian families and children. Among these proposals are modifications to the Canada Child Benefit (CCB), measures to increase access to the Canada Learning Bond (CLB), and other initiatives that will have a significant impact on both individuals and families across the country. Here’s Continue reading