As of May 2025, seniors across Canada will see a meaningful rise in their Old Age Security (OAS) payments. This increase is part of the federal government’s ongoing effort to adjust retirement benefits in line with the cost of living. With the continued rise in essential living costs, this latest OAS increase provides additional financial Continue reading
Over 13.9 Million Canadians Have Filed Here’s How You Can Still Submit Your 2024 Tax Return After the April 30 Deadline
The Canada Revenue Agency (CRA) is urging Canadians who missed the April 30, 2025 deadline for their 2024 income tax return to file as soon as possible. While the deadline has passed, that doesn’t mean the opportunity is gone. You could still receive valuable refunds and ensure uninterrupted access to benefits. Why Filing Now Could Continue reading
GST/HST Credit 2025 Find Out How Much You’ll Receive Based on Your Income
The Canada Revenue Agency (CRA) has released the 2025 GST/HST credit schedule, including updated income thresholds and revised benefit amounts. The GST/HST credit is a tax-free quarterly payment designed to help low- and modest-income Canadians recover a portion of the sales taxes they pay. With inflation and changing economic conditions, the CRA has revised eligibility Continue reading
CRA $2,400 Disability Benefit for May 2025 Eligibility, Payment Schedule, and Application Process
The Canada Disability Benefit (CDB) is a groundbreaking federal initiative launching in July 2025 to support low-income, working-age Canadians with disabilities. This monthly payment of up to $200—totalling $2,400 annually—aims to reduce poverty and improve financial stability for individuals with disabilities across the country. Overview of the Canada Disability Benefit What Is the Canada Disability Continue reading
Class Action Alleges Defects in Nespresso Vertuo Next Coffee Machines
A new class action lawsuit has been filed against Nespresso USA Inc., accusing the company of selling Vertuo Next coffee machines that develop water leaks after normal use—allegedly rendering them unusable. Lawsuit Filed in New York Federal Court by Florida Consumer Plaintiff Denise Fahey-Ramirez, a consumer from Florida, brought the case in the U.S. District Continue reading
Driving Changes in 2025: What Over-70s Need to Know to Stay on the Road
As the population ages, driving rules and regulations for older motorists are evolving. If you’re turning 70 or already in your senior years, significant changes in road laws are on the horizon. These updates, set to take effect in 2025, could impact your ability to renew your license, manage vehicle expenses, and maintain your independence. Continue reading
Senior Canadian Dental Care Plan 2025: Free Dental Services for Seniors Explained Under New Federal Program
As part of an effort to improve healthcare accessibility across Canada, the federal government is introducing a groundbreaking initiative for seniors: free or subsidized dental care for seniors in 2025. With an increasing recognition of the importance of oral health in overall well-being, this new program aims to alleviate the financial burden of dental care Continue reading
TD Bank Closing Branches 2025: Full List of 38 U.S. Locations Shutting Down on June 5 and What It Means for Customers
In a move that has stirred concern among its customers, TD Bank is closing 38 of its branches across the United States on June 5, 2025, as part of a major realignment of its operations. This decision, while difficult, is being positioned by the bank as part of a broader strategy to modernize and adapt Continue reading
Revolutionizing AI: How Photonic Chips Are Overcoming Major Hurdles for Unprecedented Computing Power
The race to build more powerful artificial intelligence (AI) systems has taken a significant leap forward with breakthroughs in photonic chip technology. Scientists have recently addressed critical challenges in developing optical computing systems that promise to outperform traditional electronic processors. By harnessing the speed of light, photonic chips could unlock new levels of efficiency and Continue reading
May 2025 GST/HST Credit Update See What You Qualify For Based on Income and Family Size
If you’re a low or middle-income earner in Canada, you could be eligible for tax relief through the updated GST/HST credit program. As of May 2025, the Canada Revenue Agency (CRA) has introduced new income thresholds and increased payment amounts for this vital benefit. This article breaks down everything you need to know about the Continue reading