Dearness Allowance is an additional compensation that the central government disburses to its employees, while pensioners receive Dearness Relief.
A key expense for most retirees threatens to gobble up some or all of their Social Security "raise" in the upcoming year.
Social Security benefits increase each year to keep up with rising prices. This yearly boost is called the Cost-of-Living Adjustment, or COLA. For 2026, For 2026, experts expect the COLA to increase ...
Several provinces and territories had raised their minimum wage earlier in the year, with Alberta holding the line since 2018 ...
Social Security's biggest announcement of the year will be revealed on Oct. 15 (unless the government shutdown delays a key piece of economic data). Independent estimates for Social Security's 2026 ...
Deputy Governor Rhys Mendes discusses the importance of understanding which parts of inflation are lasting and which are temporary. He also talks about the Bank of Canada’s upcoming renewal of its ...
The boost in minimum wage will reflect the increased cost of living but still isn’t enough to live off of according to some economic researchers.
Deputy governor says inflation is becoming more volatile with swings in U.S. trade policy, geopolitical conflict ...
A number of big changes are coming very soon that will impact both older and younger Americans. Those changes will be here in less than four months, so it would be a smart move to start preparing ...
Deputy Governor Rhys Mendes speaks about how the Bank of Canada assesses underlying inflation, including the use of measures of core inflation. He also touches on the renewal of the monetary policy ...
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Ontario's minimum wage is now set at $17.60 per hour, an increase of 40 cents. The annualized wage increase of 2.4 per cent is based on the Ontario Consumer Price Index and will boost the paycheques ...