Two Big Winners Share $80M Jackpot Tuesday night’s Lotto Max draw created two multimillionaires, as the massive $80-million jackpot was split between a winner in Alberta and another in Quebec. Each of the lucky winners will take home an incredible $40 million. Ontario’s Wave of Winners Ontario residents also had a reason to celebrate. Nearly Continue reading
CRA Denied an Ontario Taxpayer’s RRSP Deduction due to Pension Adjustments & the Tax Court’s Ruling
Saving for retirement is a priority for many Canadians, with registered retirement savings plans (RRSPs) serving as an effective tool. The rules around RRSP contributions are designed to ensure fairness, especially for individuals participating in employer pension plans. A recent case in Tax Court sheds light on how a misunderstanding of pension adjustments (PAs) can Continue reading
Gold in 2025: 4 Smart Investments to Consider and 4 Pitfalls to Avoid
Gold continues to shine as a reliable hedge against inflation, economic uncertainty, and currency fluctuations. The recent bull market, which saw gold prices climb to a record high of over $2,736 per ounce in late 2024, has drawn significant attention from both seasoned and new investors. With many analysts predicting that gold could surpass the Continue reading
Old Navy & Gap Face New Class-Action Lawsuit 2024 Over “False Discounts”
Canadian consumers who shop at Old Navy and Gap could be involved in a proposed class-action lawsuit. The legal challenge, initiated by Slater Vecchio LLP, claims that Gap (Canada) Inc. and Old Navy (Canada) Inc. have engaged in misleading pricing practices, promoting items online as being sold at “discounted prices” when they are rarely if Continue reading
WestJet Baggage Fee Settlement Lawsuit 2024: How to Claim Your Share of the $12.5 Million
In a significant development for WestJet travelers, the British Columbia Supreme Court has approved a $12.5 million class-action settlement for passengers who were incorrectly charged for their first checked bag on certain flights between 2014 and 2019. The claim process is now open, and eligible travelers have until February 10, 2025, to submit their applications. Continue reading
Desjardins Data Breach Class Action Settlement: Claim Up to $1,000 for Identity Theft
Desjardins has agreed to a $200.8 million class action settlement to resolve allegations that the company failed to protect sensitive customer information during a 2019 data breach. This breach exposed the personal and financial data of approximately 9.7 million Canadians. What Happened? A rogue employee at Desjardins reportedly accessed sensitive consumer information over two years, Continue reading
Canada Immigration Fees Rising December 1: Here’s What You Need to Know About the New Costs
Canada Immigration Fees Set to Increase Starting December 1, 2024Immigration, Refugees, and Citizenship Canada (IRCC) has announced fee increases for various temporary resident applications. These adjustments, ranging from 2.80% to 4.69%, will affect individuals applying for restoration of temporary resident status, authorization to return to Canada, or temporary resident permits. Here’s a complete breakdown of Continue reading
$80 Million Lotto Max Jackpot Winning Numbers Nov 26, 2024
The Lotto Max draw on November 26, 2024, featured an astounding $80 million jackpot, alongside numerous 20 MaxMillions prizes worth $1 million each. Below, we detail the winning numbers, prize breakdown, and results from this exciting lottery event. Winning Numbers for November 26, 2024 Main Lotto Max Numbers Prize Payout Breakdown for Lotto Max Main Continue reading
Lotto Max Jackpot Hits to $80 Million Second time Onwards Next Draw on November 26, 2024!
The Lotto Max jackpot has surged to an eye-popping $80 million for the upcoming draw on Nov 26, 2024, sparking excitement among Canadians nationwide. Alongside the massive jackpot, an impressive pool of Maxmillions prizes, each worth $1 million, is also up for grabs. Key Details About the Upcoming Draw Why This Jackpot is Significant The Continue reading
Next CPP Payment Arriving on Nov 27, 2024
The Canada Pension Plan (CPP) is an essential part of Canada’s social safety net, designed to provide income stability during retirement, along with benefits for survivors and those with disabilities. Whether you’re nearing retirement or planning ahead, understanding how CPP works is key to maximizing your benefits. Maximum CPP Benefits for 2024 For 2024, the Continue reading