As a new wave of federal payments begins rolling out this month, low-income workers across Canada could be in for a welcome financial boost. Thanks to updates from the Canada Revenue Agency (CRA), the Canada Workers Benefit (CWB)—a tax credit designed to support working Canadians with modest incomes—is increasing in value for 2025. Here’s everything Continue reading
Canada Rolls Out Major Tax Relief for Middle-Class Families Starting July 1
A Closer Look at the One-Percentage-Point Reduction in the Lowest Income Tax Bracket Starting July 1, 2025, the Canadian federal government will reduce the lowest marginal personal income tax rate from 15% to 14%. This strategic change is designed to deliver meaningful relief to middle-class Canadians, benefiting millions of taxpayers across the country. How Much Continue reading
Working Past 65? What You Need to Know About CPP, OAS, and Tax Planning
For many Canadians, retirement has long been visualized as a finish line — a specific date marked on a calendar when career ends and leisure begins. Yet, that narrative is evolving. Increasingly, people are choosing — or needing — to stay active in the workforce well beyond age 65. Whether by choice, financial necessity, or Continue reading
Ontario Trillium Benefit Payments Set to Increase in July 2025
As July kicks off, so does a brand-new benefit year for government payments in Ontario — and with the rising cost of living, now’s the perfect time to find out whether you’re eligible for extra financial support. One of the most impactful benefits for lower- and middle-income Ontarians is the Ontario Trillium Benefit (OTB) — Continue reading
Canada Raises Student Visa Financial Requirement by Over CAD 2,000
International students planning to study in Canada will face stricter financial requirements beginning September 1, 2025. According to an update from Immigration, Refugees and Citizenship Canada (IRCC), the minimum funds needed to apply for a Canadian study permit will increase significantly to reflect the rising cost of living. What’s Changing: Cost-of-Living Threshold Increased by Over Continue reading
New StatCan Data Shows Record Number of People Leaving Canada
Canada is witnessing a sharp uptick in emigration, with tens of thousands of citizens and residents choosing to leave. According to Statistics Canada, a total of 27,086 Canadian citizens and permanent residents emigrated from January to March 2025 — the second-highest first-quarter number since 2017. This figure marks a three percent increase compared to the Continue reading
July 2025 Payment Dates for Government Benefits in Ontario and Canada: CDB, OTB, CPP, CCB & More
Several key federal and provincial government benefit payments are scheduled throughout July 2025. These payments include long-standing programs such as the Canada Child Benefit (CCB), Old Age Security (OAS), and the Ontario Trillium Benefit (OTB), along with newly introduced payments under the Canada Disability Benefit program. This guide breaks down when each payment is coming, Continue reading
Canadians to Receive Up to $575 More in GST/HST Credit Payments This Week
Starting July 2025, millions of Canadians will receive an increased GST/HST Credit payment — and if you live in certain provinces, you could pocket hundreds more per quarter than just the federal base amount. Here’s a province-by-province breakdown of what’s changing, who’s eligible, and how much more money could be coming your way this year. Continue reading
Canada’s New Tax Cut Kicks In Here’s How Much Bigger Your Next Paycheque Could Be
A Mid-Year Tax Break That Starts Paying Off Immediately Canadian workers will now start seeing a little more money in their paycheques, thanks to a newly implemented federal tax cut that quietly took effect on July 1, 2025. The personal income tax rate for the lowest bracket has been reduced from 15% to 14%, a Continue reading
Canadians Could Receive Up to $3,000 in Dell Class Action Settlement See If You Qualify
Dell Canada Hit With $2.1M Lawsuit Settlement Over Customer Scam Calls If you’ve ever received a suspicious tech support call claiming to be from Dell, you’re not alone — and now, you could be eligible for compensation. A Nova Scotia court has approved a $2.1 million class action settlement involving Dell Canada and its U.S. Continue reading