The Biden administration has proposed a new initiative to support first-time homebuyers through a $10,000 tax credit. This proposal aims to ease the financial burden of purchasing a home amid rising housing costs. While the credit has not yet been enacted into law, the initiative has garnered significant attention as a potential solution to the … Read more
There have been recent claims suggesting that Canadian seniors will receive a $2,350 increase in Old Age Security (OAS) benefits in March 2025. However, after thorough fact-checking, there is no credible evidence supporting this claim. Instead, the federal government has maintained the standard OAS payment adjustments that are reviewed quarterly based on inflation and the … Read more
In a major move to enhance public transportation in Fredericton, the Government of Canada has announced an investment of over $8.29 million to improve and expand the city’s transit system. This initiative aims to modernize infrastructure, introduce hybrid buses, and ensure a more efficient and sustainable transit service for residents. Funding Breakdown & Objectives The … Read more
As March 2025 approaches, millions of Canadians will receive their scheduled government benefit payments, including the Canada Child Benefit (CCB), Canada Pension Plan (CPP), Old Age Security (OAS), and the Ontario Disability Support Program (ODSP). These benefits provide essential financial support to families, retirees, and individuals with disabilities. Understanding the payment dates, eligibility criteria, application … Read more
The Canadian government has confirmed the Old Age Security (OAS) payment updates for 2025. While OAS benefits are reviewed quarterly to adjust for inflation, the April to June 2025 quarter will see no changes in payment amounts compared to the previous quarter. However, there has been a 2% increase over the past year, from April … Read more
Families across Canada are set to receive their monthly Canada Child Benefit (CCB) payment this Thursday, February 20, 2025. The tax-free benefit, which is designed to assist families with children under 18 years old, provides essential financial support based on household income and the number of children in a family. What Is the Canada Child … Read more
A Nova Scotia court has approved a $2.1 million settlement in a class-action lawsuit against Dell Canada after a significant data breach exposed customer information between 2017 and 2019. As part of this settlement, eligible Canadians can receive up to $3,000 in compensation. Here’s what you need to know about eligibility, the claims process, and … Read more
The Canadian oil industry is facing an uncertain future as the United States imposes new tariffs on energy imports, raising concerns about economic stability and trade relations between the two nations. The recently announced tariffs, which include a 10% levy on Canadian oil and natural gas, could have far-reaching consequences for both industries and consumers. … Read more
In a significant step towards reconciliation, the Canadian government has agreed to a settlement exceeding $1 billion to compensate survivors of the federally operated “Indian hospitals.” These institutions, which operated from the 1940s to the 1980s, have been criticized for their mistreatment of Indigenous patients, including allegations of abuse, forced medical procedures, and substandard care. … Read more
The Government of Canada has announced significant enhancements to its Student Loan Forgiveness Program for nurses and doctors working in rural and remote areas. These changes aim to improve healthcare access in underserved communities and encourage more medical professionals to work outside urban centers. Under the new rules, loan forgiveness amounts have increased by 50%, … Read more