There are claims circulating about an increase in Old Age Security (OAS) payments to $1867 per month starting January 1, 2024. This increase aims to help retirees manage their living expenses better. The OAS payment increase is intended to support citizens in managing their total expenses after retirement effectively. OAS Payment Increase to $1867 Per … Read more
The Government of Canada offers various types of benefits to its citizens, such as Employment Insurance benefits, public pensions, housing benefits, disability benefits, and more. These programs provide financial assistance and support to Canadians in different aspects of their lives. Canada Benefit Payment Dates 2024 In this article, we will share essential information regarding benefit … Read more
As of 2022, Canada accounted for approximately 2% of global carbon emissions. The introduction of the Carbon Tax Rebate has played a crucial role in mitigating these emissions by encouraging reduced fossil fuel usage. Carbon Tax Rebate Updates Acknowledging the urgent need to combat global warming, Canada has increased its federal carbon price from $65 … Read more
Discover the Canada Trusted Traveler Program, also known as Nexus, a joint initiative between Canada and the US aimed at facilitating efficient travel. Established by the Federal Government, it caters to uniformed service members aged 16 and above, Department of Defense (DOD) employees, US citizens, and other eligible individuals. This federal program streamlines screening processes … Read more
There may be an increase in the old age pension in 2024. Find out more about the different types of old age pensions in Canada and the possible increase here. Read this piece on Old Age Pension Increase if you are having a hard time because of your age and want to get your finances … Read more
Explore this post to understand the differences between RRIF VS Annuity and learn which option might be best for your retirement in Canada. RRIF VS Annuity When planning for retirement, it’s essential to understand the differences between an RRIF and an annuity. Both are ways to manage your investments, but they operate differently. An RRIF, … Read more
ScotiaBank is updating its interest rates in response to ongoing inflation. This article will explore the changes in ScotiaBank’s interest rates for 2024, comparing the prime rates of 2024 with those of 2023 and discussing expectations for 2025. We will delve into whether these changes are indeed occurring and what they mean for consumers and … Read more
Stay with us to read this post and learn valuable details about Max SPX 500 4x leveraged ETNs: How to Get 4x the Return of the S&P 500? Max SPX 500 4x leveraged ETNs Bank of Montreal is introducing the most leveraged exchange-traded product in the US, the Max SPX 500 4x leveraged ETNs. According … Read more
The Old Age Pension is a crucial support for many Australians, helping them manage their daily living expenses. If you’re wondering, “When will the Old Age Pension stop in Australia in 2024?” you’re in the right place. In this discussion, we’ll provide important details about the Old Age Pension, its significance, and when it might … Read more