Skip to main content

Featured

U.S.–Iran Strikes Escalate: What It Means for Your Gas Bill and Savings

  ⚡ BREAKING · MAY 8, 2026 By MoneySavings.ca Editorial Team   |  May 8, 2026  |  5 min read The Strait of Hormuz, photographed from space. Approximately 20% of the world's oil supply passes through this narrow waterway. (Image: NASA / Public Domain) American warships were attacked in the Strait of Hormuz on May 7, 2026 — and the U.S. military fired back hard, striking Iranian ports at Qeshm and Bandar Abbas. For Canadians, this isn't just a distant war story. It's a pocketbook issue. 20% of global oil transits the Strait of Hormuz every day $94 projected WTI crude price per barrel if closure continues (CEPR, 2026) 5% of normal shipping traffic still moving through the Strait What Happened — and When The crisis didn't begin overnight. On February 28, 2026, the United States and Israel launched coordinated strikes against Iran, targeting nuclear infrastructure and senior military leadership — including Supreme Leader Ali Khamenei, who was killed in the strik...
Post a Comment
Read more

article

Labels

Federal government unveils new dental insurance plan for low- and middle-income Canadians

 

The federal government has announced the details of its new dental insurance plan, which will offer dental benefits to low- and middle-income Canadians who do not have private insurance.

The plan, which was a condition of the Liberals’ supply-and-confidence deal with the NDP, will be phased in gradually over 2024, starting with seniors over the age of 87, then children under 18 and people with disabilities, and finally all eligible Canadians in 2025.

The program will cover preventive teeth cleanings, treatments and removable dentures, and will be administered by Sun Life Assurance Company of Canada. The government expects the plan to benefit about 9 million people and cost $13 billion over the first five years.

To qualify, applicants must be Canadian residents with a household income under $90,000 and no private insurance. The government will check the criteria against tax filings and require employers to report on dental coverage. People who do not file their income taxes will not have access to the program.

The government said the plan will complement existing federal and provincial dental health benefits, but it is still negotiating with individual provinces on which program will be the primary payer.

The Liberals said the plan is part of their commitment to build a more inclusive and fair society, and to address the oral health needs of millions of Canadians who cannot afford dental care.

Labels:

Comments

Post a Comment