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Financial

This category contains 27 posts

Cuts to Social Assistance?

Previously announced cuts to the welfare system are currently in question as the Ford government directed municipalities to “destroy” inserts to October welfare cheques outlining cuts taking effect this fall. Anti-poverty activists and municipal officials are hopeful that the province may be reconsidering the changes, widely believed to be harmful to vulnerable children and people … Continue reading

Cyber Security Jobs In Demand

Cyber Security roles have never been more in demand! Data breaches are becoming more common and can cost an average of $3.62 million according to a 2017 report. For any sized company data breaches are an imminent threat and very expensive, including the cost of loss of credibility. It is no wonder that the need … Continue reading

Laurentian Tuition Waiver

At Laurentian University, youth in extended society care are eligible to apply for full tuition exemption for courses. The program, first approved in 2012, is available again this year. It will support students who are pursuing their first post-secondary degree, full-time or part-time. A Laurentian grad and former youth-in-care student, Jane Kovarikova, championed the initiative. … Continue reading

Ontario Works for Newcomers

If you are in need of financial assistance, learn how Ontario Works (OW) can help. Tuesday, September 17, 2019, 3:00pm-4:00pm Pickering Welcome Centre, 1400 Bayly Street, Unit 5 Click for more information. Childcare available.   Read Employment E-News – September 2019 – Getting Serious in September Image provided by http://www.1COMMUNITY1.ca

CPP Enhancements

The new “enhanced” Canada Pension Plan (CPP) will benefit the generations that follow the Baby Boomers. Currently CPP replaces pre-retirement earnings up to 25% of the current Year’s Maximum Pensionable Earnings limit (YMPE) of $57,000/year. The enhanced plan will replace 33.33% of a worker’s lifetime earnings to a higher pensionable earnings limit of $65,400. The … Continue reading

Rising Debt and Interest

A new report from research firm, Environics Analytics, indicates that rising interest rates and increased debt are putting pressure on Canadians. According to the report, debt levels among Canadians increased by $9 billion dollars from 2016 to 2017. Those who are homeowners may be seeing gains in net worth due to housing inflation, however, discretionary … Continue reading

Minimum Wage Raise Helps

According to David Olive, Business Columnist for the Toronto Star, the benefits to raising Ontario’s minimum wage are tangible. A higher minimum wage means: – Higher household incomes – Increased consumer spending – Lower workplace turnover and absenteeism Seattle is an example of the effects of raising minimum wage. As a city driving towards a … Continue reading

Financial Assistance

Are you or someone you know headed back to school this fall? Financial assistance, scholarships or grants may be available. LEARN how saving, planning and paying for your education is within reach. TRAIN to gain hands-on work experience. WORK to create the life that you want. Visit the Government of Canada website.   Read Employment … Continue reading

It Pays to Know

Do you have enough money to cover your expenses? A budget can help you adjust your expenses where you can. The Government of Canada’s “Making a Budget” website outlines the following: Why make a budget Considerations before you start a budget Tips to help you make a budget Tips to help you stick to your … Continue reading

Finance in High School

By Fall 2018, Ontario will make financial skills a mandatory career course in high schools. Laying the groundwork for financial literacy will be an essential aspect of the Grade 10 Careers Course overhaul. In addition to essential financial skills, students will learn about digital literacy and entrepreneurship. Read: Ontario Launches Plan To Teach High School … Continue reading

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