Tesla has made a significant update to its referral program in Canada, bringing back the Model 3 and, for the first time ever, adding the highly anticipated Cybertruck to the program. These changes, which went into effect Monday night, provide buyers with potential savings, though recent price hikes on Tesla vehicles still present a challenge Continue reading
Finance
Major Superannuation Changes Every Australian Should Know: New Eligibility & Payments
Superannuation has been a cornerstone of Australia’s retirement system, ensuring financial security for retirees. The Australian government has recently implemented significant changes to superannuation, impacting eligibility, employer contributions, and payment structures. These reforms are designed to enhance retirement savings and create a sustainable financial future for Australian workers. Key Superannuation Changes in 2025 The superannuation Continue reading
TD Bank Class Action Settlement 2025: How Eligible Customers Can Claim Their $88 Payout
A major class action lawsuit against TD Bank has led to a $15.9 million settlement, potentially benefiting thousands of Canadian customers. This lawsuit stems from claims that TD Bank imposed multiple Non-Sufficient Funds (NSF) fees on a single transaction without proper disclosure. While TD Bank denies any wrongdoing, the Ontario Superior Court of Justice granted Continue reading
Centrelink Age Pension Rates & Increases for 2025: What You Need to Know
The Centrelink Age Pension is a vital source of income for millions of Australian retirees. With indexation adjustments set for January 2025, pensioners can expect a rise in their payments to help cope with inflation and the rising cost of living. Below is a detailed breakdown of the Age Pension rates, increases, and additional support Continue reading
Bank of Canada Rate Cuts on the Horizon? How Tariffs Could Reshape Interest Rate Expectations
The Bank of Canada’s (BoC) interest rate path could see a significant shift in the coming days, depending on developments surrounding proposed tariffs. As financial markets weigh the likelihood of trade restrictions being imposed, delayed, or scrapped altogether, rate expectations are in flux. Currently, optimism prevails in the market, but sentiment can pivot rapidly as Continue reading
Pension Boost 2025: Key Updates on Aged & Disability Pension Increases in Australia
As the cost of living continues to rise, the Australian government is set to increase pension payments in 2025 to provide relief for seniors and disabled individuals. These adjustments are part of the bi-annual pension indexation process, ensuring that payments keep pace with inflation and changing economic conditions. Pension Increase 2025: Expected Adjustments Twice a Continue reading
How Earning Income Affects your CPP and OAS in 2025? Maximizing Your Retirement Income in Canada
Planning for retirement in Canada requires a strategic approach to maximize income from government programs while managing potential reductions due to additional earnings. Two key sources of retirement income are the Canada Pension Plan (CPP) and Old Age Security (OAS). While these programs provide a financial foundation for retirees, understanding how continued employment or other Continue reading
Trump’s Tariffs Spark Market Chaos: Dollar Surges, Global Stocks Tumble Amid Economic Concerns
Markets were left reeling on Monday after President Donald Trump’s decision to impose sweeping tariffs on key imports, leading to significant movements in global currencies and equity markets. The dollar surged while international markets plunged as traders scrambled to evaluate the broader economic impact of the tariff measures. Tariffs Hit Hard: Dollar Strengthens, Global Markets Continue reading
15 Overlooked Canadian Tax Credits You Should Claim in 2025: Maximize Your Tax Savings
Tax season can be overwhelming, and many Canadians miss out on valuable tax credits simply because they don’t know they exist. Whether you’re a student, homeowner, caregiver, or worker, there are several tax benefits designed to reduce your overall tax burden. Here’s a detailed look at 15 Canadian tax credits you don’t want to overlook Continue reading
The Hidden Cost of Going Solo: How the ‘Singles Tax’ Makes Life More Expensive and What Can Be Done About It
In a world that often celebrates independence and self-sufficiency, living alone comes with an unexpected financial burden—one that economists and policy experts call the “singles tax.” While this isn’t an official levy, it represents the higher costs single people face compared to couples and families, simply because they don’t have someone to share expenses with. Continue reading