Both the Ontario Municipal Employees’ Retirement System (OMERS) and the University Pension Plan (UPP) have announced inflation adjustments for 2025, offering their members enhanced financial security in the face of rising living costs. These adjustments ensure retirees continue to receive pensions that keep pace with inflation. 7 Canadian Pension Adjustment for 2025? A Complete Guide Continue reading
News
Affordable Living: Top 8 Cheapest Places to Buy a House in BC 2025
As housing prices in British Columbia (BC) continue to rise, many prospective homebuyers are searching for more affordable options. While cities like Vancouver and Victoria often dominate headlines for their high costs, several communities across the province offer affordable housing opportunities without sacrificing quality of life. In 2025, here are the top eight cheapest places Continue reading
Report Predicts Grocery Prices Will Increase in 2025
Canadians are preparing for a significant rise in grocery costs in 2025, as a new report projects food prices will increase by 3 to 5 percent nationwide. In Quebec, the increase could climb as high as 5 percent, adding pressure on households already dealing with inflation. Food Price Increases Could Add $800 for Families According Continue reading
6 Price Hikes Coming to B.C. in 2025 You Should Know About
A new year often ushers in fresh hopes and opportunities, but it also brings the reality of rising costsICYMI Food Prices Set to Rise in 2025 Says Canada’s Food Price Report. While Canada’s inflation rate has slowed to just under two percent after peaking at 8.1% in June 2022, British Columbians will still face increased Continue reading
GST/HST Credit Payments for January 2025 Are Coming Soon — Find Out How Much You Could Receive
With inflation continuing to affect everyday costs in Canada, the upcoming January 2025 GST/HST Credit payment offers welcome financial relief for households with lower or modest incomes. This quarterly tax-free payment, issued by the Canada Revenue Agency (CRA), is designed to help offset the costs of Goods and Services Tax (GST) and Harmonized Sales Tax Continue reading
Lotto Max Final Draw of 2024: December 31 Winning Numbers and Prize Breakdown
The final Lotto Max draw of 2024 delivered plenty of excitement as Canadians eagerly awaited the results of this year-ending jackpot event. While no one claimed the grand prize, the draw saw many winners across multiple tiers, with over 115,000 prizes distributed. Here’s everything you need to know about the December 31, 2024, Lotto Max Continue reading
Double Weather Alerts for Toronto and Southern Ontario: Rainfall and Fog Warnings in Effect
Residents of Toronto and the Greater Toronto Area (GTA) should brace for challenging weather as Environment Canada issues two significant alerts: a Rainfall Warning and a Fog Advisory. Both warnings highlight potential hazards, urging caution and preparedness for those in the affected regions. Rainfall Warning: Heavy Downpours Expected Torrential rain is set to drench Toronto Continue reading
Winter Weather Alert: Snow Advisory Issued for Southern Ontario’s Major Cities
Winter has tightened its grip on Southern Ontario, as Environment Canada issues a snow advisory for several major cities, predicting hazardous travel conditions on Monday, December 23. Commuters and residents are urged to prepare for an impactful day of wintry weather, including heavy snow, freezing drizzle, and slippery surfaces. Advisory Areas Affected The following regions Continue reading
$80,000 Canada Secondary Suite Loan Program 2025 with Low interest rate of 2%: Support for Bold Mortgage Reforms to Tackle Housing Affordability
As Canada continues to face a housing supply crisis, the federal government is rolling out ambitious measures to increase housing availability, support homeowners, and make housing more affordable for every generation. Among the highlights of the 2024 Fall Economic Statement are enhanced programs to help homeowners build secondary suites and sweeping reforms to mortgage rules Continue reading
Canada’s Debt Dilemma: The Hidden Costs Behind G7 Boasts
In a week of political upheaval marked by Chrystia Freeland’s surprise resignation and mounting calls for Prime Minister Justin Trudeau to step down, new fiscal revelations have stirred fresh controversy. The Liberal government, once lauded for prudent budgeting, has exceeded its 2023 deficit target by a staggering $22 billion, pushing Canada’s federal debt to over Continue reading