Finance

As food prices continue to soar, Canadians are eagerly seeking updates on government measures to address the rising cost of living. One question on everyone’s mind: Will the $628 grocery rebate make a comeback in 2025? Here’s a detailed look at what the grocery rebate is, its past impact, and whether Canadians can anticipate similar Continue reading

On Monday, the Canadian dollar remained stable against the U.S. dollar, with no significant changes in its value. The loonie was trading at C$1.4407 to the greenback, or 69.41 U.S. cents, after fluctuating between C$1.4374 and C$1.4416 throughout the day. Canadian Government Bond Yields Experience a Slight Decline Canadian government 10-year bond yields decreased by Continue reading

The Canada Carbon Rebate (CCR) program provides much-needed financial relief to Canadians affected by carbon pricing. Delivered quarterly, this tax-free rebate offsets federal fuel charges, helping families manage rising energy costs. Here’s everything you need to know about the CCR payment schedule, eligibility criteria, and rebate amounts for 2025. What is the Canada Carbon Rebate? Continue reading

Manitoba seniors have access to the Seniors’ School Tax Rebate, a financial relief program designed to help with school tax costs. This rebate is available to seniors who meet specific eligibility criteria, offering savings of up to $235 annually. Read on to discover if you qualify and how to take advantage of this benefit. Who Continue reading

As we approach 2025, a new survey from CIBC reveals that Canadians are placing debt reduction at the forefront of their financial goals. According to the bank’s annual Financial Priorities poll, managing debt and keeping up with rising household costs remain the most pressing concerns for Canadians. Rising Costs and High Interest Rates: Key Financial Continue reading

If you haven’t filed your 2023 tax return yet, time is running out to ensure your eligibility for Ontario’s $200 rebate. The Ontario government has announced that taxpayers have until the end of 2024 to submit their tax returns and claim this rebate. What Is the $200 Rebate? On October 29, the Ontario government revealed Continue reading

The Canadian Dollar (CAD) saw a modest rise of 0.4% against the US Dollar (USD) on Monday, as global markets prepare to wrap up a quiet 2024 trading season. With many investors sidelined due to the holiday season and midweek market closures for New Year’s Day, the Loonie’s recent movement reflects a lack of strong Continue reading

Canada’s Competition Bureau has taken legal action against Rogers Communications Inc., accusing the telecom giant of deceiving consumers with advertisements for phone plans marketed as offering unlimited data. The Bureau alleges these plans create a “false or misleading impression” about their features, claiming they include data caps and drastically reduced transfer speeds after those caps Continue reading

If you’ve recently received an Interac e-Transfer for $36.29 from MNP, rest assured, it’s not a scam. This payment is part of the settlement for Facebook’s Sponsored Stories class action lawsuit. What Was the Facebook Sponsored Stories Lawsuit About? The lawsuit focused on Facebook allegedly using users’ names and profile pictures in advertisements without their Continue reading

Local charities are urging the federal government to extend the deadline for claiming charitable donations on tax returns to the end of February. This measure, they say, would help mitigate funding losses caused by the Canada Post strike and encourage donors to maintain their giving habits through 2025. The Impact of the Canada Post Strike Continue reading