The Registered Retirement Savings Plan (RRSP) is a powerful tool for Canadians to save for retirement while taking advantage of significant tax benefits. One key concept that taxpayers should understand is the “RRSP deduction limit.” Knowing how this limit works and how to use it effectively can help you reduce your taxable income and boost Continue reading
Cooler, Rainy Weekend Weather this weekend for Southern Ontario
As temperatures continue to dip, southern Ontario residents should prepare for a chilly, rainy weekend. According to Environment and Climate Change Canada, a mix of cooler weather and rain showers is expected in various regions, marking a stark departure from milder fall conditions. Here’s a detailed forecast breakdown for Mississauga, Brampton, Burlington, Oakville, Hamilton, Durham Continue reading
RRSP Deadline 2024: Maximize Your Contribution and Save on Taxes
Planning your contributions to a Registered Retirement Savings Plan (RRSP) is crucial to optimizing your retirement savings and minimizing your taxable income. With the 2024 RRSP deadline approaching, understanding the rules, contribution limits, and benefits can make a significant impact on your financial health. Here’s what you need to know to make the most of Continue reading
Aussie Couple’s Costly Financial Mistake Leads to Over $1 Million in Losses
Pete and Paula, once a thriving young couple with promising careers, learned a tough financial lesson after making a series of decisions that led to a loss of over a million dollars. The story of their journey from prosperity to financial strain and back again offers valuable insights for homeowners and investors alike. Young, Ambitious, Continue reading
Ottawa Home Sales Surge Nearly 50% in October 2024: Interest Rate Cuts Fuel Market Confidence
Ottawa’s Real Estate Market Sees Unprecedented Growth in October 2024 The Ottawa housing market experienced a dramatic rise in activity this October, with home sales increasing by nearly 50% compared to the same month last year. New data from the Ottawa Real Estate Board (OREB) reveals that 1,179 homes and condominiums were sold in October Continue reading
Major Government Support Announced for Southern Ontario Entrepreneurs and Businesses
On Friday, November 8, 2024, the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) will unveil a significant initiative aimed at empowering entrepreneurs and businesses across the region. Bryan May, the Parliamentary Secretary to the Minister responsible for FedDev Ontario, will make the announcement alongside Bardish Chagger, Member of Parliament for Waterloo, and Tim Continue reading
3 Rare Bicentennial Quarters Worth Nearly the Price of a Bugatti Chiron
Most Bicentennial quarters are worth no more than their face value of 25 cents, but there are some exceptionally rare examples that could fetch prices high enough to make even a luxury car like a Bugatti Chiron—valued at over $3 million—look affordable. If you’re lucky enough to find one of these rare coins, you could Continue reading
3 Rare Bicentennial Quarters Worth Enough to Buy an Alfa Romeo
The 1976 Bicentennial quarter, celebrating the 200th anniversary of the United States, is a favorite among collectors due to its unique design. However, some of these quarters are rare and can be worth significantly more than face value — enough to buy a luxury car, like an Alfa Romeo! Below are three rare variations of Continue reading
3 Rare Coins You Might Have in Your Pocket Worth Thousands
A lot of people don’t realize how valuable their everyday coins could be. In fact, some of the coins you use for daily transactions may be worth thousands of dollars. Collectors highly prize coins with historical flaws, minting mistakes, or unique features, as these attributes make them rare and more valuable. If you find any Continue reading
How Canadians Can Claim Up to $375 from the Rogers & Yahoo Class Action Settlement
A $20 million class action settlement involving Yahoo Inc. and Yahoo Canada Co. has been approved by an Ontario court, and the deadline for eligible Canadians to submit claims is fast approaching. If you had a Yahoo or Rogers account between 2012 and 2016, you might be eligible to claim up to $375 or receive Continue reading