The Ontario Living Wage Network (OLWN) has recently updated the living wage rates for 2024 across the province, revealing significant disparities between these figures and the provincial minimum wage. These new rates shed light on the financial difficulties many workers face in Ontario, where the cost of living continues to rise. What is a Living Continue reading
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Canada vs. Australia: Which is the Better Option for International Students Pursuing Immigration?
If you’re considering studying overseas with the goal of eventually immigrating, both Canada and Australia are top destinations that offer high-quality education and clear pathways to permanent residency. With recent changes to immigration policies in both countries, it’s essential to understand your options before making a decision. In this guide, we’ll highlight key differences and Continue reading
Student Discounts and Special Offers for International Students in Canada
International students in Canada have plenty of opportunities to save money on goods and services. From everyday essentials like groceries and school supplies to mobile plans and even luxury items, there are numerous discounts and offers aimed specifically at students. This guide will help you find great savings as you begin your journey in Canada. Continue reading
New Canada Pension Plan (CPP) Payments to be Sent Nationwide on November 27
The Canada Pension Plan (CPP) is a crucial element of Canada’s social safety net. In 2024, the maximum monthly benefit for CPP recipients is $1,364.60, but only for those who have contributed the maximum amount throughout their careers. Average Monthly CPP Benefit On average, Canadians receive approximately $816.52 per month from CPP, highlighting the importance Continue reading
Migration Experts Criticize Justin Trudeau’s Justification for Immigration Reductions
In recent videos, Canadian Prime Minister Justin Trudeau has outlined his government’s new plan to reduce immigration by approximately 20%. Speaking directly to viewers from a leather armchair, he explains the broad strokes of this policy in both English and French. These videos appear to be a response to decreasing public support for his government’s Continue reading
Key Updates for CPP Pensioners: What You Need to Know
The Canada Pension Plan (CPP) has undergone significant updates in recent years, aimed at providing Canadians with a more secure and reliable source of retirement income. These enhancements, which began rolling out in 2019, are expected to conclude in 2025. However, 2024 stands out as a pivotal year with notable changes that could impact your Continue reading
CPP Investments: Balancing Net-Zero Goals with Billions in Oil and Gas Investments
Teine Energy’s Role in the Oil and Gas Industry Teine Energy, a Calgary-based oil and gas company, is a major player in the energy sector, producing the equivalent of 46,000 barrels of oil per day. The company is also working with the Saskatchewan government to create an oil and gas curriculum aimed at high school Continue reading
CPP Investments Reports $675.1 Billion in Net Assets for Q2 Fiscal 2025
The Canada Pension Plan Investment Board (CPP Investments) has successfully ended its second quarter for fiscal year 2025 on September 30, 2024, with net assets reaching $675.1 billion, marking an increase of $28.3 billion from the previous quarter. This growth, driven by $23.1 billion in net income and $5.2 billion in transfers from the Canada Continue reading