Are Lottery Winnings Taxed in Canada? What You Need to Know

With millions of dollars at stake in lotteries like Lotto 6/49 or Max in Canada, it’s unsurprising that many dream of scoring a big win playing the lottery.  But, after matching all the necessary numbers, will the government take a cut, or will you receive the entirety of the promised pot? Luckily, in Canada, lottery …

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The Best Small Towns to Live in Alberta in 2024: 20 Great Options 

Living in a small town in Alberta gives a sense of a welcoming retreat from a busy city life. Whether you choose Camrose, Lacombe, Drumheller, Jasper, Canmore, or Cochrane, each offers the benefits of having a comfortable lifestyle with the charm and simplicity of a small town. In this article, we’ll explore the list of …

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The Top 20 Thrift Stores in Calgary: Hidden Gems & Cheap Finds 

Thrift shopping can be likened to treasure hunting. From vintage gems to contemporary fashion, you never know what you can unearth.  Thrift stores like Goodwill, 17th Ave Thrift, and HG Vintage can be excellent sources for budget-friendly pre-loved clothing, home decor, small appliances, and other products.  Learn about the top 20 thrift and designer consignment …

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Can Your CPP Retirement Pension Be Clawed Back?

Unlike OAS benefits, your CPP payments are not subject to clawback based on your income. This is good news for seniors who worry they may not get as much CPP as they hoped after contributing to the program for decades. That said, you may still need to optimize your overall income to limit how much …

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Can You Stop OAS Payments Once You Start?

Perhaps you have applied for OAS and started receiving the monthly benefits only to realize you don’t need the income now. Can you stop receiving OAS payments after you start? Yes, OAS payments can be cancelled or deferred until later if you decide to do so within six months of receiving your first payments. How …

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How and When a Landlord Can Evict a Tenant in Ontario

Did you know that almost one out of 10 households in Canada reported facing evictions at certain points in their lives? Even though landlords have the legal right to evict tenants, they still need to adhere to regulations in the Residential Tenancies Act (RTA).  If you’re a landlord who wants to evict a tenant, you …

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Travel Insurance in Canada for Seniors: The Top 5 Providers 

Travelling as a senior gives you opportunities to discover new destinations, create memories, and experience a fulfilling and enriching adventure. But challenges like health issues and the need for emergency medical assistance can put a damper on your escapade.  To ensure an enjoyable trip, consider travel insurance with comprehensive coverage. Below, you’ll learn about the …

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Tipping in Canada: Etiquette, Culture, & What You Need to Know

Like many countries, tipping is customary and often expected in Canada. There’s certainly no law making this practice mandatory, but if you don’t tip, many service workers may perceive you as rude. The Canadian tipping etiquette varies across industries, but a common standard for most is to tip 15% to 18% of your bill before …

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How to Find Your Scotiabank Routing Number in Canada 

Routing numbers, which consist of a bank’s institution number and a transit number, serve as unique identification numbers for branches of financial institutions.  These numbers ensure funds go to the right accounts during financial transactions like loans, direct deposits, and bill payments.  In this article, you’ll learn exactly how to find your Scotiabank routing number …

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The Cheapest Cars in Canada for 2024: 15 Luxury, New, and Used

Buying a car requires significant investment, and having alternative options can offer comparable quality while saving a bit. One of these options is to buy cheap new cars like Nissan Versa, Mitsubishi Mirage, Hyundai Elantra, and Kia Rio.  Another practical option is to buy used vehicles at online sites like AutoTrader, Facebook Marketplace, and Kijiji. …

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