Financial News

Ontario Introducing COVID Benefits

On January 3, 2022, the Ontario government announced temporary closures and limitations. Of course, these are in place to manage…

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Canada Expands Access to Covid Relief Benefits In 2022

With the threat of the Covid-19 Omicron variant, it’s expected that public health restrictions and lockdowns will increase. That’s why…

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Canada to Experience Food Inflation in 2022

While at a grocery store in 2021, you may have noticed food prices going up. In some cases, food prices…

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How Do Tax Liens Work in Canada?

In Canada, we’re able to have a lot of public resources because of our taxation system. The Canada Revenue Agency…

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2021 Second-Half Scholarship Winner

Our Scholarship Essay Writing Prompt: How has the pandemic informed your outlook on your financial future, and what money lessons…

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Canada Worker Lockdown Benefit on Its Way to Replace the CRB

The entire world is recovering from the COVID-19 pandemic, including Canada. Most efforts to recover relate to the economy. Specifically,…

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Canada Recovery Caregiving Benefit (CRCB) Extension

Since the pandemic started in 2020, the Canadian government has provided a series of economic support. These benefits are only…

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How Do You Apply for the Disability Tax Credit (T2201)?

With tax season fast approaching, you may be thinking about tax credits, tax slips and more. The Disability Tax Credit…

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Cindy’s Financial Lessons From the Pandemic

How has the pandemic informed your outlook on your financial future, and what money lessons have you learned from such…

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Don’t wait for your holiday credit card statement. Pay your debts now.

Attack your holiday debt proactively. Don’t wait for your holiday credit card statements to arrive in the mail to develop…

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Your Holiday Debt Plan

Good intentions only get you so far. Our holiday debt plan helps take concrete steps toward holiday bills in the…

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What is the Best Credit Utilization Ratio?

A credit utilization ratio in Canada has an impact on your credit score. Utilization ratios express the amount of credit…

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Benefits and Importance of Credit Monitoring

Credit monitoring in Canada has various benefits. It keeps your credit in good shape for future financing or other similar…

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A Financial Guide for Newcomers to Canada

Newcomers to Canada have a lot to adapt to. One of the things newcomers must learn and manage is their…

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Tia L. Made the Best of the Pandemic

Our Essay Question How has the pandemic informed your outlook on your financial future, and what money lessons have you…

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Credit Card Usage Habits Survey 2021

Last month, Consolidated Credit Canada conducted a survey asking people general questions about their credit card usage and knowledge. We…

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How Covid-19 Affected Canadian Household Debt

The COVID-19 pandemic has changed the shape of Canadian debt. Consumer debt has risen to record highs. Even though consumer…

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Following the 50/30/20 Budgeting Rule (Janet W.)

Our Essay Question How has the pandemic informed your outlook on your financial future, and what money lessons have you…

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What is Inflation?

Inflation is the ongoing increase in the average level of prices over time. It causes economic issues. People may not…

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Learning to Prioritize Financial Goals (Cindy C.)

Our Essay Question How has the pandemic informed your outlook on your financial future, and what money lessons have you…

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Wages in Canada Are Set To Rise in 2022

Inflation happens whether Canadians see more money in their pockets or not. The Ontario and Prince Edward Island provincial governments…

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Learning the Value of Money (Dylan N.)

Our Essay Question How has the pandemic informed your outlook on your financial future, and what money lessons have you…

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Holly K. Sees The Big Picture

Our Essay Question How has the pandemic informed your outlook on your financial future, and what money lessons have you…

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How Long Does Information Stay on My Credit Report?

A credit report is a snapshot of your financial health. Creditors use credit reports and scores to extend credit. Everyone…

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How to Deal with a Debt Collector

A debt collector is someone collecting debts. When the company you owe money to carries your unpaid debts, they bring…

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Save Money on Christmas Shopping and Holiday Expenses

This Christmas shopping season, Canadians who took a survey plan to spend $792 each this holiday season. But you don’t have to…

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How CERB Taught Me Budgeting (Michelle A.)

Our Essay Question How has the pandemic informed your outlook on your financial future, and what money lessons have you…

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Canada’s Economic Recovery Disrupted by Supply Chain Issues

Supply chain issues around the world are affecting Canadians. The Bank of Canada Governor, Tiff Macklem, expects a temporary high…

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Canadians Planning to Spend More on Holiday Shopping 2021

Canadians are ready and excited for 2021 holiday shopping. The Retail Council of Canada (RCC) issued their annual Holiday Shopping…

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Christy G. Tackles The Obstacles To Mitigate University Expenses

When I first began high school, I constantly asked myself, “who am I?” I knew that at the end of…

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