For many Canadian seniors, the Old Age Security (OAS) pension provides vital financial support during retirement. However, some retirees may face the possibility of an OAS pension clawback due to higher income levels, potentially reducing their benefits by up to $1,350. Understanding the clawback process, how it’s calculated, and ways to reduce the impact on Continue reading
$1,364.60 Monthly Canada Pension Plan-Retirement (CPP-R) Benefit
The Canada Pension Plan-Retirement (CPP-R) is an essential component of retirement planning for Canadians, providing a steady source of income once you retire. This article explains the ins and outs of CPP-R, including how it works, eligibility criteria, and how you can maximize your monthly pension by choosing the right time to start receiving benefits. Continue reading
CPP, OAS, and GIS: Eligibility for Canadian Retirement Benefits
Understand the eligibility criteria for Canadian retirement benefits, including CPP, OAS, and GIS. Learn who qualifies for these programs and how to apply. Get detailed information to ensure you receive the retirement benefits you’re entitled to. Canada Pension Plan (CPP) Old Age Security (OAS) Guaranteed Income Supplement (GIS) Important Notes CPP & OAS Payment Increase Continue reading
PEI Weather Forecast: What to Expect on Halloween
As October rolls in, Prince Edward Island (PEI) transitions into a cooler, more temperate climate, making it essential for residents and visitors alike to be prepared for the month’s weather patterns. Here’s a detailed overview of what to expect in PEI this October. Average Temperatures During October, temperatures in PEI typically range from 9°C to Continue reading
Koodo’s Exciting Flash Sale: Get $50 Credit Over Five Months on Select Plans
Koodo has recently launched a fantastic flash sale that offers new customers a $50 credit spread over five months on select plans. This limited-time offer is a great opportunity for those looking to save on their mobile bills while enjoying Koodo’s reliable services. Sale Details and Eligible Plans The $50 credit will be applied in Continue reading
Pre-Black Friday Pricing: Latest Telecom Deals Oct 19-25
As we approach the pre-Black Friday sales frenzy, telecom companies across Canada are ramping up their offers, hoping to capture consumer attention before the holiday shopping season kicks into high gear. Here’s a detailed roundup of the latest pricing actions and promotions in the telecom sector from October 19 to 25, 2024. Key Pricing Changes Continue reading
The Economic Impact of Canada Revised Immigration Targets
As Canada sets new immigration targets for 2024 and beyond, the implications for the economy are substantial. The Canadian government aims to welcome 485,000 new permanent residents in 2024, increasing to 500,000 in 2025 and maintaining that level into 2026. This strategic move emphasizes economic growth and addresses critical labor shortages in various sectors, particularly Continue reading
Incredible Offer: Public Mobile Launches $36/50GB 5G Plan Until October 31
Public Mobile has unveiled an enticing promotion for customers seeking affordable mobile data. Until October 31, 2024, users can take advantage of a $36/month plan that provides a generous 50GB of 5G data for use across Canada and the U.S. This new offer marks a reduction from the previous $39 plan, making it an attractive Continue reading
Ontario’s New Energy Strategy: Embracing Nuclear Power Over Carbon Pricing
Ontario is shifting its approach to reducing carbon emissions by advocating for nuclear power and innovative technologies rather than relying solely on carbon pricing. Energy Minister Stephen Lecce has been vocal about this strategy, emphasizing that a technological approach can be more effective than taxation in addressing the province’s environmental impact. In a recent interview, Continue reading
Bank of Canada Executes Significant Rate Cut to Stimulate Job Growth
In a decisive move to bolster economic activity and enhance job growth, the Bank of Canada (BoC) reduced its key policy rate by 50 basis points on October 23, 2024, bringing it down to 3.75%. This substantial cut reflects the central bank’s response to declining inflation and a slowing economy. Economic Context and Rationale Recent Continue reading