In response to the financial pressures caused by inflation, the Canadian government has introduced a one-time relief payment of $2,350 for seniors in December 2024. This measure was developed after thorough analysis of inflationary trends and the specific financial challenges faced by low-income seniors, particularly in covering essential expenses. Purpose of the $2,350 Relief Payment … Read more
A nationwide class-action lawsuit has been filed against Aeroplan Inc., Canadian Imperial Bank of Commerce (CIBC), and Toronto-Dominion Bank (TD Bank) in Canada, following allegations that these institutions unfairly rescinded Welcome Bonus Points from thousands of Aeroplan credit card holders. The lawsuit, initiated by Consumer Law Group (CLG), claims that these banks “clawed back” bonus … Read more
The Canadian government has introduced a new initiative aimed at providing financial relief to working Canadians, called the Working Canadians Rebate (WCR). Set to be distributed in the spring of 2025, this one-time $250 payment will be offered to individuals who worked in 2024 and earned up to $150,000. The rebate is part of a … Read more
The Nissan Class Action Settlement addresses a significant legal case in Ontario and Quebec, stemming from a major data breach incident that occurred in December 2017. The lawsuit alleges that Nissan mishandled customer data, leading to unauthorized access by unknown parties. As concerns over digital security and customer privacy grow in the automotive sector, this … Read more
In 2024, the Canadian government is offering seniors a much-needed financial boost by providing an additional $3,100 under the Old Age Security (OAS) program. This payment, which begins in June 2024, is designed to help seniors aged 65 and older cope with rising living costs, especially due to inflation. For seniors on fixed incomes, this … Read more