Finance

In 2024, Verizon Wireless resolved a class-action lawsuit with a $100 million settlement. The lawsuit accused Verizon of deceptive advertising practices, specifically for failing to disclose additional fees—such as administrative charges—that made the actual costs of plans higher than advertised. This led customers to select plans under the impression that they were cheaper than they Continue reading

The Goods and Services Tax (GST) credit is a tax-free quarterly benefit provided to low- and middle-income Canadians to offset the GST/HST they pay on goods and services. The GST credit plays a vital role in helping Canadians manage their expenses. With the next set of payments approaching, here’s a detailed look at the GST Continue reading

The Guaranteed Income Supplement (GIS) is a vital financial support program in Canada designed to assist low-income seniors. For couples, understanding the amount they can receive through GIS is crucial for managing their financial well-being in retirement. Here’s a comprehensive overview of the GIS payment amounts, eligibility criteria, and important details for couples in 2024. Continue reading

As part of Canada’s ongoing efforts to provide financial relief to its citizens, the Goods and Services Tax (GST) Voucher is an essential support mechanism for low and middle-income families. In 2024, Canadians can expect updated payout dates, eligibility criteria, and amounts. This article will provide a comprehensive overview of the GST Voucher, including who Continue reading

In response to rising food prices, the Canadian government has announced a new Grocery Rebate for 2024, aimed at supporting low and middle-income families. This initiative is designed to help alleviate some of the financial pressures associated with grocery shopping. In this article, we’ll delve into the updated eligibility criteria, payment changes, and everything you Continue reading

The Goods and Services Tax (GST) credit is an important financial aid offered to low and middle-income individuals and families in Canada. In 2024, the Extra GST Payment will provide additional relief, helping Canadians manage rising living costs. This detailed guide will walk you through the updated payment amounts, dates, and eligibility criteria for the Continue reading

The Canada Revenue Agency (CRA) has exciting news for small and medium-sized enterprises (SMEs) across Canada regarding the Canada Carbon Rebate. This refundable tax credit aims to return a portion of the federal fuel charge proceeds directly to eligible Canadian-controlled private corporations (CCPCs). What is the Canada Carbon Rebate? The Canada Carbon Rebate for Small Continue reading

As we move into 2024, Canadian workers and employers need to stay updated on changes to the Canada Pension Plan (CPP) contributions. These contributions play a crucial role in providing retirement, disability, and survivor benefits. In 2024, there will be adjustments to the contribution rates and maximum contribution amounts that impact employees, employers, and self-employed Continue reading