Trump’s ‘big beautiful bill’ could deliver 45.5% ‘SALT torpedo’ for high earners, tax pro says
Trump’s "big beautiful bill" includes a temporary $40,000 SALT deduction cap. But the phaseout could trigger a tax surprise for some higher earners.
Trump’s "big beautiful bill" includes a temporary $40,000 SALT deduction cap. But the phaseout could trigger a tax surprise for some higher earners.
Crypto | July 11, 2025 Bitcoin High Fuelled by Record ETF Inflows, Tight Supply, and Rising Institutional Demand Bitcoin just printed a massive green candle, BTC reaching a new all-time-high (ATH) of USD $118,000, boosted by institutional inflows, constrained supply, and regulatory momentum in global markets. At the same time, Canada is working to finalize
A new law includes the largest-ever cuts to Supplemental Nutrition Assistance Program benefits. Here's how much that may reduce what families can spend on food.
Homeowners insurance policies typically do not cover flash floods like those in Texas and North Carolina. Here’s what to know about flood insurance.
Interior Secretary Doug Burgum said in April the Trump administration was considering equity investments in critical mineral producers to compete with China.
Interior Secretary Doug Burgum said in April the Trump administration was considering equity investments in critical mineral producers to compete with China.
Consumers may rush to lease or buy an electric vehicle this summer to qualify for a federal tax credit that ends after Sept. 30.
Trade and Tariffs| July 10, 2025 U.S. Tariff Revenue Soars to $100 Billion as Canada Faces July 21 Trade Deadline As of July 8, 2025, Reuters reports that the U.S. has collected about $100 billion in tariff revenues in 2025, and according to U.S. Treasury Secretary Scott Bessent, tariff revenue projections could reach $300 billion by
Tokenization | July 10, 2025 SEC’s Hester Peirce Confirms Tokenized Securities Are a Go but Must Still Comply With Rules On July 9, 2025, U.S. Securities and Exchange Commissioner Hester Peirce (aka Crypto Mom) issued a clear statement about tokenized securities: "Tokenization may facilitate capital formation and enhance investors’ ability to use their assets as
A tax and spending package Trump signed July 4 nearly halves the watchdog's annual funding. Resources may be stretched to police consumer financial laws.
The federal government underreported the number of international students in the U.S. last year by more than 200,000 people.
Digital Finance Public Infrastructure Report | July 9, 2025 Most Countries Have Adopted Digital Public Infrastructure. Where Does Canada Stand? The Cambridge Centre for Alternative Finance (CCAF) just published a new report, "Digital Public Infrastructure (DPI) and Digital Financial Services" (69 page PDF) showing that 113 countries have adopted at least one DPI building block.
Fintech in Canada | July 9, 2025 New Canadian fintech listing on FintechCanada.io: BanPay BanPay is a new listing on NCFA's Fintech Canada directory, which spotlights Canadian fintech innovators to Canadian and global markets and helps build visibility for emerging Canadian fintech firms working on real-world problems. BanPay is a Vancouver-based fintech that is building
Digital Public Infrastructure | July 9, 2025 Controversial UK Deal with Google Is a Warning for Canada as it Builds Digital Public Infrastructure (DPI) On July 9, 2025, The Guardian reported that the UK government signed a direct contract with Google to deliver its "One Login" platform for public services. Apparently, the contract wasn't tendered