Jan
29
2015
On January 21, 2015 the Bank of Canada surprised markets by cutting the interest rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2...
Jan
23
2015
We’ve all head of the Monday Blues, but the debt blues are felt by more and more Canadians, especially now in January. The post-holiday debt hangover is looming over many of us and the bills trickling in are compounding...
Jan
15
2015
One of the biggest trends expected in 2015 is mobile payments. More and more Canadians are using their cell phones instead of their wallets to purchase goods. The trend for quicker transactions has captivated consumers and retailers alike. 2015...
Jan
07
2015
According to Equifax, Canadians owe an average of $20,000 of non-mortgage debt. The average Canadian was expected to spend about $1,517 over this past Christmas, the lowest holiday spend in three years, according to a separate BMO study. Last...
Dec
31
2014
The end of the year is the time to reflect on how we have managed our finances throughout the year and look for ways to make our money stretch further and possibly make more of it. Whether...
Dec
17
2014
Canadian winters are challenging at best, especially if you are a motorist. Weather conditions can be unpredictable, placing extra demands on our vehicles and driving skills. A few simple tips, however, will help to prepare for the often hazardous...
Dec
11
2014
Protect Your Family this Holiday Season by Fireproofing your Home.
‘Tis the season to be festive with candles aglow, trees brimming with blinking lights and hearths alive with open fire. A perfect time to refresh your family with responsible fire...
Dec
04
2014
The Government of Canada is phasing out cheques by April 2016 and switching to direct deposit for all government payments. If you are currently receiving benefit payments via cheque, you must enrol. With direct deposit, the Government of Canada...
Nov
26
2014
With the holiday season right around the corner Canadians are starting their gift shopping and looking to save as much cash as they can. In the past Canadians looked on with envy at the pre-Christmas deals our neighbours south...
Nov
20
2014
Have you ever wondered how a collection agency obtained your contact information? When a consumer has an account with a business that is “past due” or in default, the business may turn the account over to a collection...
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