Inflation in Montreal is slowing down, but residents will still feel its effects in several areas in 2025. From higher grocery bills to rising vehicle registration fees, here’s a breakdown of how inflation, cost-of-living adjustments, and economic changes will affect Montrealers this year. Grocery Prices Are on the Rise Montrealers should brace for higher food Continue reading
All the Latest Canada Immigration Changes for 2025
The Canadian immigration system has seen significant changes in 2024, with the Immigration, Refugees, and Citizenship Canada (IRCC) working to improve the efficiency and accessibility of services. These changes aim to streamline the immigration process for applicants and reduce waiting times. High Volume of Applications: An Ongoing Challenge for IRCC The IRCC continues to manage Continue reading
Will It Be Easier or More Difficult for Canadians to Purchase a Home in 2025?
The Canadian housing market has faced affordability challenges for the past few years, making it difficult for many Canadians to enter the market. However, as we move into 2025, potential homebuyers may find opportunities to take advantage of new changes in mortgage rules, lower borrowing costs, and evolving market conditions. Mortgage Rule Changes: A Potential 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
ICYMI Food Prices Set to Rise in 2025 Says Canada’s Food Price Report
According to the 15th edition of Canada’s Food Price Report, food prices in Canada are expected to rise significantly in 2025. This comprehensive report, a collaboration among Dalhousie University, the University of Guelph, the University of Saskatchewan, and the University of British Columbia, offers essential insights into food price trends and the factors driving these Continue reading
I Couldn’t Stop Shaking Ontario Winners Reveal Their $1-Million Lotto Max Jackpot
Four friends from the Greater Toronto Area (GTA) are celebrating after winning a $1-million prize in the Lotto Max draw. The Ontario Lottery and Gaming Corporation (OLG) announced the exciting news on Tuesday, December 31. The winning ticket was purchased for the November 22 Lotto Max draw and has changed the lives of Robert Kotyk, Continue reading
2025 Rate Cuts: What’s Next for the Bank of Canada and the Economy
Interest rates were the central theme of 2024, and as we step into 2025, the Bank of Canada (BoC) is signaling a shift toward a more measured approach. After cutting the policy rate by a substantial 175 basis points throughout 2024, including two consecutive 50-basis-point cuts in October and December, the BoC has set the Continue reading
USD/CAD Price Outlook Key Resistance Emerges Above 1.4450
The USD/CAD pair is under pressure, trading in negative territory near 1.4350 during the early European session on Tuesday. A recovery in crude oil prices is bolstering the Canadian Dollar (CAD), which is tied to commodities, creating headwinds for the USD/CAD pair. However, the downside may remain limited due to growing expectations that the Federal Continue reading
2025 Updates 6 New Rules for International Students in Canada
Are you planning to study in Canada or already navigating your academic journey as an international student in 2025? Canada continues to attract students from around the world, but recent changes to the International Student Program (ISP) are reshaping the landscape for those pursuing education here. Introduced by Immigration, Refugees and Citizenship Canada (IRCC), these Continue reading
Canadian fintech startup Bench announces sudden shutdown
Bench Accounting, North America’s largest bookkeeping service for small businesses, has announced its sudden closure. The Vancouver-based company, known for its online accounting platform, posted a “Notice of Service Closure” on its website on December 27, 2024. Social media accounts on Instagram and Facebook were also taken down overnight, leaving customers scrambling for answers. Sudden Continue reading