The Age Pension remains a vital source of income for a significant portion of Australian retirees. Despite the expansion of superannuation, a large percentage of older Australians still rely on the Age Pension, with 39% receiving the full pension and 24% receiving a part pension. Here’s a comprehensive guide to the latest changes, eligibility criteria, Continue reading
Flights canceled as Ontario and Quebec face second snowstorm in under a week
A second major winter storm in less than a week wreaked havoc across Quebec and Ontario this past weekend, dumping heavy snow and causing widespread disruptions. City crews, already stretched thin from previous storms, struggled to keep up with the relentless snow accumulation. The storm, which forced the cancellation of hundreds of flights, left many Continue reading
Major Banks Slash Fixed Mortgage Rates Following Bond Yield Decline – What It Means for Homebuyers
Despite a modest rise since the start of the month, bond yields remain more than 50 basis points (0.50%) below their January peak. Since fixed mortgage rates are closely tied to bond yields, Canada’s five largest banks—BMO, CIBC, RBC, TD, and National Bank—have responded by reducing rates across multiple mortgage terms by 0.10% to 0.25%. Continue reading
Toronto Pearson Airport Faces Major Flight Cancellations as Massive Snowstorm Approaches GTA
Toronto Pearson Airport is gearing up for significant flight disruptions as a powerful winter storm prepares to blanket the Greater Toronto Area (GTA) with up to 25 cm of snow. Passengers flying in and out of Pearson should brace for delays and cancellations, as airlines have already begun preemptively grounding flights in response to the Continue reading
Will the Canadian Dollar Strengthen or Weaken in 2025? Key Economic and Political Factors to Watch
Over the last decade, the Canadian dollar (CAD) has been on a steady decline against the U.S. dollar (USD). On February 3, 2025, CAD dropped to just 67 cents USD, marking its lowest point since 2003. This drop coincided with the resignation of Prime Minister Justin Trudeau and was further exacerbated by the announcement of Continue reading
New Canada Child Benefit Payments Set to Be Issued on February 20
Canadian families are eagerly anticipating the upcoming second Canada Child Benefit (CCB) payment of 2025, set for February 20. This tax-free monthly financial lifeline, overseen by the Canada Revenue Agency (CRA), continues to serve as an essential resource for parents and guardians, alleviating the financial strain of raising children in a time of escalating living Continue reading
Is There $18K Cash Assistance for Single Mothers in the US? Check Your Eligibility and Payment Date
Single mothers in the U.S. face unique financial challenges as they balance work, childcare, and household responsibilities. Fortunately, there are several financial assistance programs available that can provide significant support, with some offering up to $18,000 in total cash relief. These programs are designed to help alleviate the financial strain on single mothers, improving their Continue reading
Daylight Saving Time 2025 What You Need to Know as Clocks Spring Forward
As the days stretch longer, millions of Americans are gearing up for the annual ritual of Daylight Saving Time (DST), a tradition that continues to spark debate despite its widespread use. With brighter days ahead, the clock changes are set to take effect in 2025, marking the beginning of this controversial practice that affects productivity, Continue reading
The Last 12 Affordable Suburbs in Australia: Where You Can Still Buy a House for Under $500,000
As property prices continue to soar across Australia, the number of capital city suburbs where homebuyers can secure a house for under $500,000 has dwindled to just twelve. However, there are still pockets of affordability for those looking to break into the market—particularly in Adelaide, Perth, and even Melbourne, where prices have stagnated. A recent Continue reading
Australians Set to Earn More and Keep More with Labor’s Expanded Tax Cuts in 2025
One year ago, the Albanese Government made a bold and strategic move—ensuring that every Australian taxpayer would receive a tax cut to ease the burden of cost-of-living pressures. Now, as we move into 2025, new figures reveal an even bigger boost to incomes, reinforcing Labor’s commitment to economic fairness. Bigger Tax Cuts Coming in July Continue reading