CIBC (Canadian Imperial Bank of Commerce) is one of Canada’s Big Six banks, offering a wide array of mortgage products tailored to different buyer needs. Whether you’re a first-time homebuyer, a real estate investor, or a newcomer to Canada, CIBC provides a range of mortgage solutions to suit your financial situation. The bank’s large footprint, Continue reading
Finance
Ontario to Introduce 25% Tariff on Power Exports to Three U.S. States
In a significant escalation of trade tensions between Canada and the United States, Ontario Premier Doug Ford announced on Tuesday that the province will impose a 25% tariff on electricity sent to 1.5 million homes in Minnesota, Michigan, and New York. This move comes as retaliation to the U.S. administration’s fresh levies, which took effect Continue reading
Full List of 142 Items Affected by Trump’s Canada Tariffs Prices Set to Rise
As of March 4, 2025, the U.S. and Canada are officially locked in a trade war, and it’s about to put a strain on your wallet. Canada has implemented a 25% tariff on a vast array of American goods, ranging from food items to alcohol and beauty products, and prices for everyday items are expected Continue reading
Trump’s New Tariffs Could Cause Car Prices to Soar by $12K Report
The Financial Impact of Trump’s New Tariffs on Car Prices The newly imposed tariffs by President Donald Trump could significantly increase the price of some new vehicles by as much as $12,000, according to a recent study by Michigan-based automotive consultant Anderson Economic Group. These new tariffs were introduced on Tuesday and include a 25% Continue reading
How People Over State Pension Age Living Alone Could Get a £4,200 Income Boost
The UK government is offering vital financial support to older individuals through Pension Credit, a means-tested benefit designed to boost income for people over State Pension age (66 years). If you are a single pensioner living on a low income, you could receive an average of £4,200 per year in additional financial support. The Department Continue reading
USD/CAD Declines to 1.4400 Amid US Growth Concerns and Tariff Uncertainty
The USD/CAD currency pair continues its downward trajectory, hovering near 1.4400 during early European trading hours on Wednesday. Mounting concerns over slowing US economic growth and the impact of newly imposed tariffs are weighing on market sentiment, while expectations of rate cuts from the Bank of Canada (BoC) add further complexity to the outlook for Continue reading
Centrelink Warning: The Common Mistake That Could Cost You Your Payments
Centrelink recipients are being reminded to promptly inform Services Australia of any changes that could affect their payments. Failure to do so may result in overpayments, which must be repaid. According to Services Australia community information officer Justin Bott, many recipients mistakenly believe that Centrelink can access their bank balances. This misconception leads some people Continue reading
TD Bank App and Website Outages Frustrate Customers Across Canada
TD Bank customers expressed frustration and concern on Monday morning after experiencing widespread outages of the bank’s online and mobile services. The technical disruption affected customers across Canada and the U.S., causing a significant inconvenience for those trying to access their accounts. According to a TD Bank spokesperson, the problem stemmed from a software issue Continue reading
Canadians Eligible for Share of $8.5 Million TD Mutual Funds Settlement
In a significant legal development, Canadians can now claim a portion of an $8.5 million class-action settlement with TD Asset Management Inc. following a ruling by the Ontario Superior Court of Justice. The settlement, announced by Kalloghlian Myers LLP on Monday, resolves claims related to the improper payment of trailing commissions to mutual fund dealers, Continue reading
Canadians Can Access Government Funds in March 2025
As Canadians continue to face soaring grocery prices, escalating housing costs, and an overall rising cost of living, many are struggling to make ends meet. The financial strain is especially tough on families, with food bank usage hitting record highs and increasing unemployment further exacerbating the situation. Fortunately, there are several financial benefits available to Continue reading