It’s time to recognize Canada’s top-performing personal finance products! From credit cards to bank accounts and investments, here are the nominees for the 2016 Best of Finance Awards!
Regardless of which side of the political fence you sit on, Donald J. Trump will be sworn in tomorrow morning as the 45th President of the United States of America. And the fact of the matter is that his inauguration will be a historical moment for all – even us Canadians, as many worry that Trump’s attitude could hurt our economy.
Car insurance rates fluctuate based on a number of different factors. However, before an insurance company can change rates, it must first be approved by the Financial Services Commission of Ontario (a regulatory agency of the Ministry of Finance). FSCO publishes approved rate changes quarterly, and the latest results are in…
The Bank of Canada is holding its benchmark interest rate steady at 0.5 per cent. The rate has been held there for more than a year. The Bank says there’s still too much uncertainty to raise rates – particularly due to the new U.S. president being sworn in this week.
Over the next month, you’ll likely see a lot of ads and articles reminding you to invest in an RRSP. This is because the deadline for investing in a new RRSP and qualifying for a rebate on your 2016 tax return is March 1st, 2017.
As a new parent, it’s very easy to go overboard on spending. After all, who wouldn’t want to shower an adorable new human with an influx of cute items? The truth is, you can spend as much or as little as you want and still have all the necessities for your little one.
It’s been another banner year for real estate in the Greater Toronto Area. The average price for all property types sold in the GTA came in at $729,922 in 2016 – that’s an increase of 17.3 per cent from 2015.
Walmart has expressed in the past that the merchant fees charged by Visa Canada were “unacceptably high”, and that it pays over $100 million in fees each year for customers to use various brands of credit cards. In response, Visa stated…
Over and over again, we keep hearing that Canadians just aren’t saving enough. According to reports, we owe too much, spend too much and don’t have a saving strategy in place to build a nest egg for retirement and emergencies.
Year after year, debt repayment is listed as the number one financial priority for Canadians heading into the new year. According to a new CIBC poll, 28 per cent of survey takers said paying down debt is their top financial goal in 2017.
The holidays are a time of giving, but with all the spending on gifts and parties and entertaining, it can be challenging to find a few extra dollars in your budget for charitable donations. We should remember, however, that giving to those less fortunate should be a priority all-year-round.