Financial recovery requires the right tools
Home / Blog / Debtby Janet Doyle If you’re a senior in debt, you’re not alone. According to a survey, the average Canadian senior carried $29,973 in debt and 30% of Canadians aged 55-70 were still working because they needed to. The Financial Planning Standards Council Foundation found that while
Home / Blog / Tax, Dept, Financial 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 tax assessment and
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 / Wages The good news is that private and government pensions, under the Ontario Pensions act, cannot be garnisheed by a normal creditor, such as a credit card company. You can only make garnishments under the Ontario Wages Act, and pensions aren’t work wages. The bad news
Home / Blog / Bankruptcy, Financial When you file for bankruptcy, one of your required duties will be to keep track of your monthly income and expenses during the period that you’re bankrupt. Your trustee will give you the forms for doing this, and each month, you’ll pass the information
Home / Blog / Financial When you file for bankruptcy, and depending upon your level of income, you will be required to make payments to your trustee during your bankruptcy period. When your income is over and above what the government says you need to maintain a reasonable standard of
Home / Blog / Financial, Savings The average Canadian family has both spouses working outside the home. We live in a culture that encourages a high standard of living, often unachievable by a single salary. But whether your significant other experiences a job loss, sickness, or just wants to put
