Canada’s Services Sector Declines Again Amid Global Uncertainty and Rising Costs

Canada’s Services Sector Declines Again Amid Global Uncertainty and Rising Costs

Canada’s services sector experienced another downturn in March, marking the fifth consecutive month of contraction. According to data from S&P Global, the decline is largely driven by global uncertainty, particularly linked to tensions in the Middle East, which have delayed client decision-making and reduced new business activity. The Business Activity Index rose slightly to 47.2 … Read more

85-Year-Old Executor Shares Secrets to Managing Wills

85-Year-Old Executor Shares Secrets to Managing Wills

An 85-year-old retired accountant from Northern Ontario—referred to as Paul—has taken on the role of executor seven times, offering rare, practical insights into what it truly means to manage a will. Known for his financial expertise and reliability, Paul stepped into this responsibility multiple times, often at the request of friends or clients who trusted … Read more

Canada’s Trade Deficit Widens Sharply in April as Gold Imports Surge

Canada’s Trade Deficit Widens Sharply in April as Gold Imports Surge

Canada recorded a much larger-than-expected trade deficit in April 2026, driven primarily by a sharp rise in gold imports. According to official data, the country’s merchandise trade deficit expanded to C$5.74 billion, compared to a revised C$4.18 billion in the previous month. This figure far exceeded analysts’ expectations, which had predicted a deficit of around … Read more

2026 Minimum Wage Update: Quebec and Canada Rates

2026 Minimum Wage Update Quebec and Canada Rates

In 2026, minimum wage adjustments across Canada reflect ongoing efforts to balance income growth with economic conditions. While the federal minimum wage remains unchanged at $17.75 per hour, Quebec has announced a new increase that will take effect in May 2026. These changes highlight regional differences and their impact on workers nationwide. Quebec Minimum Wage … Read more

Canada’s Economic Activity Slips as Ivey PMI Signals First Contraction in Four Months

Canada’s Economic Activity Slips as Ivey PMI Signals First Contraction in Four Months

Canada’s economic momentum weakened in March, with fresh data showing a return to contraction after several months of expansion. According to the latest Ivey Purchasing Managers Index (PMI), overall business activity fell below the critical growth threshold, indicating a decline in economic performance. The seasonally adjusted PMI dropped sharply to 49.7 in March, down from … Read more

CRA Cuts 1,300 Contracts After Tax Season

CRA Cuts 1,300 Contracts After Tax Season

The Canada Revenue Agency (CRA) has decided not to renew approximately 1,300 temporary contracts following the end of the 2025 tax season. According to the Union of Taxation Employees (UTE), the majority of these positions were held by call centre agents who were hired to handle increased demand during peak filing periods. The agency confirmed … Read more

Canadian Dollar Edges Higher as Markets Watch Iran Deadline and Economic Signals

Canadian Dollar Edges Higher as Markets Watch Iran Deadline and Economic Signals

The Canadian dollar posted a slight increase against the U.S. dollar, supported by rising oil prices but limited by weaker domestic economic data. On the trading day, the currency strengthened by 0.1%, reaching approximately 1.3900 per U.S. dollar, or about 71.94 U.S. cents. During the session, the loonie fluctuated within a narrow range of 1.3892 … Read more

CRA Takes Montreal Condo Tied to Tax Case

CRA Takes Montreal Condo Tied to Tax Case

The Canada Revenue Agency (CRA) has recently taken control of a high-value condominium located in Old Montreal. According to filings submitted to the Federal Court, the property was owned by a trust associated with controversial businessman Jean-François Malo. Despite Malo’s connection to the property, the enforcement action is primarily aimed at contractor Yvan Drapeau, the … Read more

What Seven Estates Teach About Proper Will Handling

What Seven Estates Teach About Proper Will Handling

Carrying out a will is far more than a ceremonial duty—it is a legally binding responsibility that requires precision, patience, and accountability. While many people only encounter this role once in their lifetime, imagine the insights gained by someone who has served as an executor seven times over decades. An experienced 85-year-old executor offers a … Read more

Distance Care Challenges for Canadians with Aging Parents

Distance Care Challenges for Canadians with Aging Parents

For millions of Canadians, caring for aging parents is no longer a matter of proximity—it is a complex responsibility stretched across cities, provinces, and even continents. As families become more geographically dispersed, long-distance caregiving has emerged as one of the most challenging aspects of modern elder care. While technology helps bridge communication gaps, the emotional, … Read more