I’ve heard about a debt consolidation solution that only a Licensed Insolvency Trustee can help me file called a Consumer Proposal. How do I go about doing that?

Home / Blog / Consumer Proposal by Marc Rouleau 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 your feet financially. Good for you! The decision […]

What is a consumer proposal?

Home / Blog / Consumer Proposal “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 exactly?” If you are having some financial trouble and are unable […]

What happens when I call Doyle Salewski to ask for help?

Home / Blog / Financial, Savings, Debtby Marc Rouleau 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 out and get through rough patches in […]

5 tips to improve how to manage your money in 2017

Home / Blog / Savings, Financial by Marc Rouleau 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 goals because money is a delicate topic. Although […]

What would you do if your only source of income was cutoff?

Home / Blog / Financial by Marc Rouleau 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 have been worked out, thousands of families […]

November is financial literacy month. Where do you turn for financial advice when you need it?

Home / Blog / Financialby Marc Rouleau Before we enter pre-school, most of us were taught how to count to 10 using our fingers.  This basic arithmetic is the basis for more difficult and complex mathematics down the road.  With these skills, we can make sure we receive the correct change at the store, calculate […]

Are the new mortgage rules requiring a “stress test” a good idea?

Home / Blog / Mortgage, Financial by Marc Rouleau The Federal government announced new mortgage rules in October for buyers making a down payment of less than 20% of the property purchase price.  These are known as “high-ratio” mortgages.  Simply put, these mortgages are riskier for both the lender and borrower if things go sideways.  […]

The solution for excessive debt: don’t bury your head in the sand

Home / Blog / Debt, Financial, Savings by Marc Rouleau Embarrassment. That is the most common emotion that keeps someone carrying too much debt from asking for help. Granted,we can’t repress how we feel but at what cost? It’s not always blatantly obvious that we are carrying too much debt. Many survive by living pay cheque to pay […]

Did you know 26 Million Canadians carry some form of debt.

Home / Blog / Debt, Financialby Marc Rouleau Transunion reported earlier this month that that 26 million Canadians have some form of debt.  That’s more than 70% of the entire population (including all children who can’t even contract debt!).  Transunion also estimates that bankruptcies would more than double if interest rates increased by 1% point.  In other […]

Should I consider getting a debt consolidation loan to pay my credit card debt

Home / Blog / Debt, Financial I have been carrying credit card debt for some time now. For the most part, I make the minimum payments on time every month and pay more if I can afford to. The problem is that interest eats up most of my payments and the balance keeps going up. Should I consider […]