New 2024 Living Wage Rates Across All 25 Regions in BC
The Canadian Centre for Policy Alternatives (CCPA) has released the 2024 living wage rates for British Columbia, revealing that the cost of living has increased […]
Average TFSA Balance for Canadians at Age 64
Did you know that the average Tax-Free Savings Account (TFSA) balance for Canadians aged 64 is around $150,000? This figure comes from a 2023 study […]
Maximize Your Savings Top 3 CRA Benefits to Claim in 2024
With December right around the corner, it’s the perfect time to start preparing for your 2024 tax return. While taxes aren’t due until April 2025, […]
$1,200 + $1,200 Extra OAS Deposit for Seniors: Eligibility & Payment Dates
As of 2024, Canadian seniors may see a significant increase in their Old Age Security (OAS) payments due to additional government support. This extra deposit […]
1200 Month for Retired Seniors Know Eligibility Payment Dates Fact Check
As the cost of living rises, financial security in retirement has become a significant concern for seniors. Many rely on a combination of government benefits, […]
Canada to Invest Billions in Expanding Domestic AI Compute Infrastructure
Compute is the backbone of artificial intelligence (AI). It powers the vast data processing and complex algorithms that drive AI advancements. In Canada, the need […]
Turn $30,000 into a Cash-Generating Powerhouse in Your TFSA
Turning your Tax-Free Savings Account (TFSA) into a powerful tool for wealth-building is an exciting challenge for Canadian investors. With $30,000 to invest, you can […]
4 New Pathways to Permanent Residency in Canada Set to Launch in 2025
Canada is preparing to introduce four new permanent residency (PR) pathways in 2025, despite the reduction in annual immigration targets. These programs, designed to address […]
Toronto Housing Market Sees Turning Point After October Rate Cut, Experts Say
the Greater Toronto Area (GTA) experienced a significant jump in home sales, continuing a trend seen across major cities like Vancouver. According to the Toronto […]
The CRA Is Monitoring TFSA Holders: Key Red Flags to Watch Out For
Navigating the Canada Revenue Agency’s (CRA) guidelines for Tax-Free Savings Accounts (TFSAs) can feel like tiptoeing through a minefield. But fear not! With a bit […]