Falling into debt is more common than you’d think. According to the CBC, the average Canadian owes $22,000 in non-mortgage debt. What’s more, Canadians, on average, owe $1.67 for every dollar of income.
The reason for this is fairly simple: … Continue Reading
Question: It’s spring across Canada which also means it’s tax season. A deep “sigh” may be your initial response. You may be in the process of filing your tax returns or you may have already filed and received your 2016 … Continue Reading
Arguably, April is not the happiest time of the year. Plenty of grey rainy days combined with the fact that the deadline for filing our 2016 tax returns is looming large. Some may still owe personal income tax from prior … Continue Reading
A survey conducted by a major bank concluded that almost 40% of Canadians admit they’ve cashed in part of their Registered Retirement Savings Plan (RRSP) well before retirement. Many feel they don’t have a choice. Most aren’t using their RRSPs … Continue Reading
Like many people, you’ve been doing research on the Internet or perhaps asking family and friends for advice. You’ve decided that a consumer proposal might be the best way to deal with your debt stress and get you back on … Continue Reading
“I know I can file a bankruptcy with a Licensed Insolvency Trustee (“LIT”) but I don’t like that option. I’ve heard about a sort of consolidation an LIT can also help me file called a consumer proposal. What is that … Continue Reading
One of the most difficult things we have to do in life is ask for help. Offering help comes to most of us naturally but asking for help, not so much. Many are willing and some able to tough it … Continue Reading
The time for making resolutions for 2017 has come and gone. Many have signed up for gym memberships, made commitments to eat healthier and get various aspects of their lives in order. We often forget or avoid dealing with financial … Continue Reading
It’s been well documented that more than 100,000 public servants were either over paid, under paid or not paid at all since the federal government decided to migrate to a new payroll system last winter. While some of the problems … Continue Reading
Time seems to fly at this time of year. One minute we are raking leaves, taking fall hikes, and enjoying the warm sun on our face and the next we are putting snow tires on the car, breaking out the … Continue Reading
