Financial News

Being Underpaid? How to Know and What to Do About It

It almost feels like time is ticking backwards. You check the clock again. Less than an hour to lunch, but…

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Stretching Your Income During High Inflation

During periods of high inflation, everyone wants to find creative and simple ways to stretch their income. Unfortunately, many of…

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Higher Non-Resident Speculation Tax Means Affordable Housing for Canadians

What is the Non-resident Speculation Tax and why is it being implemented? Who has to pay NRST and why exemptions…

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Fixed or Variable Mortgage – Which Is Right for You?

What's the difference between a fixed or variable-rate mortgage, how to choose which one is right for you and why…

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Who Should File Income Tax Return in Canada?

It’s official – tax season is upon Canadians! The benefits of living in Canada are all the available resources and…

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Why Insurance Companies Care About Your Credit Score

If you’re shopping for insurance, you already know how wildly premiums can vary. But do you know which factors can…

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Canadian Housing Bubble Growing

A housing bubble has been on the lips of Canadians for many years. But during the pandemic, the housing crisis…

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What does a Licensed Insolvency Trustee do?

What does a Licensed Insolvency Trustee do? Find out how these federally regulated professionals can help people and businesses handle…

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Financial Wellbeing & Its Effects on Mental Health

January 26th was the first day of the Bell Let’s Talk campaign. There are many things you can do to…

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What are the causes of your debt?

Every person has unique life experiences. But, what are the causes of debt? There are common causes of debt.

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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

CWLB ended on May 7, 2022. The entire world is recovering from the COVID-19 pandemic, including Canada. Most efforts to…

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Canada Recovery Caregiving Benefit (CRCB) Extension

Update: CRCB ended on May 7, 2022 If you are eligible, you can only apply for open CRCB periods, up…

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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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