Financial News (Page 4)
Planning for the shifting retirement age
There’s an adage that goes 30 is the new 20. Another version of this saying is that 50 is the…
Understanding the impact of the new capital gains tax changes
Recently, new changes came into effect for the capital gains tax in Canada. Some Canadians are worried about the changes…
What is driving the increase in Consumer Proposals in Canada?
Consumer proposals offer a solution for managing debt. They mainly focus on unsecured loans like credit cards, medical bills, personal…
What do the Bank of Canada interest rate cuts mean for Canadians?
The Bank of Canada’s recent decision to cut its key interest rate by 25 basis points (bps) has had a…
Labour unions are making headlines. Here’s why.
Some of the biggest labour unions are going on strike. Statistics Canada reports that there were over 2.2 million person-days…
The ultimate guide to inexpensive self-care
Self-care is highly important. Taking care of yourself, both mentally and physically, is crucial. It helps reduce stress, boost confidence,…
Ontario announces new financial education high school requirements
In late May, the Ontario government made a major announcement at the Toronto Stock Exchange. For the first time in…
Debunking Common Money-Savings Tips That Don’t Really Work
Getting money-saving tips is important. Now, more than ever, it is highly crucial that you learn how to manage your…
Mental tricks you can use to save more
Did you cringe just reading the title of this blog? Ugh! Who wants to save money right?! We are not all wired…
Unlocking self-esteem: How salary shapes your confidence
Love it or hate it, there can be a strong relationship between salary and self-esteem. How you perceive yourself and…
Girl Math: Decoding the social media trend
Girl math is a new social media trend. Many trends and challenges have taken off in the past, such as…
Changes to minimum wage and their impact on the economy
The increase in the minimum wage may influence our economy. It impacts the job market, housing market, and has major…
How to escape the monthly subscription cycle
It’s no secret that businesses do what they can to stabilize their monthly income. Many are using the monthly subscription…
Is tip-flation leading Canadians to their tipping point?
Are we on the verge of a tipping reform? Okay, the word reform when talking about tips is extreme. That…
Consumer protection laws protecting your credit card information
Consumer protection laws aim to safeguard fair trade, prevent fraud, and protect consumer rights. In Canada, it’s the Financial Consumer…
The ultimate guide to handling debt collectors and collection agencies
Despite the fear that may arise from being contacted by collection agencies, there are rights in place to safeguard you…
Safeguard your finances: Verify your financial professionals’ credentials
When people trust financial professionals to invest their hard-earned money, they expect them to have professional education and training. It…
Debt after death: How debt is handled by an estate
Death is a tragic event that affects your family and friends. How well your estate is set up and whether…
The connection between credit rating, credit scores, and debt relief options
Credit scores are a big deal. An excellent credit rating can help you get a job, purchase a home, or…
How Changes To the Banking Industry Will Impact Canadians
Last year, Ottawa announced new measures in the financial services industry. Canadians should be aware of the changes that will…
Credit Card Debt FAQs
According to Forbes, the average interest rate for a credit card is now between 19.99% and 25.99%. Handling interest that…
2023 Second-Half Scholarship winner
The winner Congratulations to our 2023 Second-Half Scholarship winner, Brooke Turpin! Check out her winning response below. Thank you to…
Affordable last-minute holiday shopping ideas
At the eleventh hour, your cousin’s plans change and now they can visit for Christmas. You find out your sister…
Unwrapping the mystery of budget-friendly gift-giving
Christmas is just around the corner, and the shopping season is in full swing. Budget-friendly gift-giving is a tough dilemma…
Financial Literacy: Financial protection tools
This November, we’re celebrating Financial Literacy Month. So far we’ve discussed financial emergencies, debt management, and long-term saving plans. This…
Financial Literacy: Building resilience by optimizing your financial health
This November is Financial Literacy Month. We are using this time to help Canadians learn about financial literacy and the…
Financial Literacy: Tools for building your emergency fund
This November is Financial Literacy Month. We’ve been taking part in the initiative by sharing financial knowledge and advice. Our…
Financial Literacy Month: Tools for managing debt
This November is Financial Literacy Month. The Financial Consumer Agency of Canada (FCAC) created this month to raise awareness about…
Financial Literacy Month 2023
Financial Literacy Month is here! The Government of Canada started Financial Literacy Month as a way to encourage Canadians to…
Financial Literacy Month: Tools for your financial health check-up
Each November, Canada celebrates Financial Literacy Month. It’s a time to bring awareness to financial health. Throughout the month we’ll…
