Alberta’s Minimum Wage In 2025
So far in 2025, Alberta’s minimum wage remains at $15.00 per hour, a rate in place since 2018. For students under 18, a lower wage of $13.00 per hour applies for the first 28 hours per week during the school term, with regular rates applying beyond that limit. While some provinces adjust their minimum wage…
ODSP Payment Dates For 2025
It’s important to keep track of payment dates throughout the year, especially if you’re on ODSP, which stands for the Ontario Disability Support Program. Essentially, ODSP is financial assistance for those who cannot work because of their disability. This way, you can stay on top of your expenses without falling behind. In 2025, ODSP payments…
What Is Take-Home Pay? Understanding Your Real Income Before Taking Out a Loan
When you’re thinking about taking out a loan, it’s easy to focus on the big numbers, like how much you’re approved for, what the monthly payments will be, and how long it’ll take to pay it back. But before you commit to anything, there’s one number you need to get really clear on: your take-home pay….
What Is a Credit Memo from CIBC? Understanding Unexpected Account Credits
If you’ve ever checked your CIBC bank account or credit card statement and noticed a transaction labeled “Credit Memo,” you might have wondered what it means. Understanding financial terms can be difficult, so let’s dig into the details. What is a credit memo from CIBC? The short answer is that a credit memo is a refund, adjustment, or correction…
What Is Canada RIT? Understanding Your Refund and How It Affects Your Finances
If you’ve ever checked your bank account and noticed a deposit labeled Canada RIT, you might have wondered what it is. The short answer? Canada RIT (Refund Income Tax) is a direct deposit from the Canada Revenue Agency (CRA), and it means you’re getting a tax refund. However, there’s more to it than just free money showing…
What Is a SIN Number in Canada? Why It Matters for Your Finances and Loans
If you live or work in Canada, your Social Insurance Number (SIN) is one of the most important pieces of identification you have. It’s more than just a random set of digits; it’s the key to accessing government benefits, paying taxes, and even applying for loans. But what exactly is a SIN, and why does it matter…
How to Cancel a CIBC Credit Card: A Step-by-Step Guide
Whether you’re switching to a better rewards program, reducing your credit cards, or just closing an account you no longer need, canceling a CIBC credit card is a straightforward process. However, there are a few things you should know before you do it. Canceling a credit card the right way can help protect your credit score and…
Understanding Carbon Tax Rebate Dates for 2025: A Comprehensive Guide
Introduction to Carbon Tax Rebate As climate change continues to be one of the most pressing issues confronting our planet, various countries have implemented strategies to mitigate its effects. In Canada, the government has adopted the carbon tax system as a primary measure to reduce greenhouse gas emissions. Central to this system is the climate…
Why Is My E-Transfer Taking So Long? Understanding Delays and How to Fix Them
The Frustration of Delayed E-Transfers In today’s digital age, e-transfers have become a go-to method for quick and seamless money transactions. However, there are instances when your transfer seems to take an eternity. If you’ve ever asked yourself, “Why is my e-transfer taking so long?” you are not alone. While e-transfers are typically processed within…
Ontario Works Payment Dates For 2025
A Guide To Ontario Works And Payment Dates For The Year 2025 If you are one of the thousands of Ontarians relying on Ontario Works to support yourself, staying updated on payment dates is crucial for planning your monthly expenses. Ontario Works provides essential assistance for individuals and families who are struggling with financial challenges,…
How Many Dimes Are In A Roll?
A Brief Guide To How Many Dimes You Can Get Into A Single Roll If you’ve ever wondered about the specifics of rolling dimes, you’re not alone. Dimes are the smallest of all the Canadian coins and they’re worth $0.10. Counting them is very simple, especially when they are rolled. For dimes, each roll contains…
Canada PRO Deposit Dates For 2025
Your Complete Guide to Canada PRO Deposit Dates for 2025 If you’re here, you may be wondering what Canada PRO payments are. Well, they are payments issued for programs such as the Ontario Trillium Benefit (OTB) and the Alberta Child and Family Benefit (ACFB). These deposits are there to provide essential financial support to help…
How To Receive Student Loan Forgiveness In Canada
Everything You Need To Know About Student Loan Forgiveness In Canada Student loan forgiveness is a fantastic tool that is meant to relieve the struggles of students and provide a chance to reset their financial future. A lot of Canada’s loan forgiveness programs are targeted at specific professions, such as healthcare workers, teachers, and those…
The Key Differences Between Bank Drafts Vs Certified Cheques
Understanding the Key Differences Between Bank Drafts and Certified Cheques Believe it or not, there is a difference between bank drafts and certified cheques. They’re both popular options, often used for large transactions or when a guarantee of funds is required. While they serve similar purposes, the two have some key differences. If you need…
How Many Nickels Are In A Roll?
A Brief Guide To How Many Nickels You Can Get Into A Single Roll Have you ever wondered how many nickels are in a roll? It might seem like such a small detail, but it’s surprisingly handy to know; especially if you’re organizing loose change, prepping for a trip to the bank, or managing your…
How Many Quarters Are In A Roll?
A Simple Guide To Rolling Your Quarters If you’ve ever wondered how many quarters are in a roll, you’re not alone. When counting quarters, sorting them into rolls is essential for quicker counting and easy storage. In Canada, a roll of quarters contains 40 coins, usually totaling $10 in value. Rolls are a convenient way…
How Many Working Days Are There In Canada Per Year?
A Guide To Canada’s Working Days, Per Province Canada is a country with a diverse range of holidays and the amount of working days in a year is directly reflected by the province you live in. There are a total of 365 days each year but most Canadians only work around 250 of them on…