Financial recovery requires the right tools
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
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
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
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
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
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
Home / Blog / Consumer Proposal, Financial In past columns, we’ve discussed several cases where consumer proposals are a practical way to offer a fair settlement to creditors. If you are a business owner, you may be wondering what will happen to your business if you decide to file a
Home / Blog / Financial, Savings Everyone needs a car. That’s what the car manufacturers and dealers would like us to believe. Truth is, there are more people getting along just fine without one. However, many rely on their own vehicle to get to work, run errands or travel to visit family and
Home / Blog / Debt, Financial Debt reduction: a recent survey conducted by a major Canadian bank found that to be the #1 priority for the vast majority of individuals. We often read reports in newspapers, magazines and online that the average Canadian is carrying too much debt in relation to
Home / Blog / Debt, Financial You are not alone. Canadian seniors are currently the fastest growing segment of individuals filing formal proposals and bankruptcies in Canada. The “golden years” are supposed to be about spending more time with family and friends and enjoying life, not working because you have debt to
