Did you know that March is Fraud Prevention Month in Canada? As personal finances are increasingly managed online and via mobile technology, it’s more important than ever to be aware of how you could be vulnerable.
The first step in fraud prevention is to spread awareness and open dialogue about finances – yet a recent poll finds Canadians are taking a decidedly Pinocchio approach when discussing money matters. Read on for the full story.
Half of Canadians Are Lying About Their Finances
When it comes to sharing about our finances, many Canadians are being less than truthful, according to a recent Ipsos Reid poll – just over half admit they fib about money matters to their family, partners and friends. Why all the deception? Read on to see why Canadians are flubbing their numbers – and why it’s important to be honest when it comes to money.
Read Sean’s Blog | Half of Canadians Are Lying About Their Finances
Debit Fraud Drops Drastically in Canada
Some great news for consumers – the instances of debit fraud have dropped significantly since the widespread adoption of pin technology, according the the Interac Association of Canada. But that doesn’t mean shoppers can become complacent – here are the top ways scammers target your debit information, and how to avoid being a target.
Read Allan’s Blog | Debit Fraud Drops Drastically in Canada
Detached Home Prices Top $1 Million in Toronto
What can you get with $1 million these days? Well, in Toronto that might net you a single family home. Last week the Toronto Real Estate Board announced the average detached homes price hit $1,040,018 in February.
What does this mean for buyers trying to break into Canada’s hottest markets? Read on for the full story.
Read Rubina’s Blog | Detached Home Prices Top $1 Million in Toronto
March Break Special: Should You Cash in on Travel Credit Card Bonuses?
Looking to fly away? These credit cards come loaded with signup bonuses large enough to book a flight right off the bat. Here’s what you should know about signing up for travel rewards credit cards with large incentives.
Read Penelope’s Blog | Should You Cash In On Travel Credit Card Bonuses?
New IMF Warnings for Canada’s Housing Market
There are fresh international warnings targeting Canada’s housing market. The International Monetary Fund has stated Canada’s market is overheated by 20%, while Stats Can finds average debt levels hit new highs.
Read Rubina’s Blog | New IMF Warnings for Canada’s Housing Market
Is An Insured Annuity For You?
Is an insured annuity a good fit for your guaranteed income plan in retirement? While providing greater returns than a GIC, there are pros and cons to be aware of.
Read Gordon’s Blog | Is An Insured Annuity For You?
This week, we asked our Twitter followers:
Do you plan to pay to travel for March Break?
82.9% : No
17.1% : Yes
Looks like most of you are planning a money-saving staycation rather than hitting the airport.
Want your chance to WIN a $25 gift card? Answer this week’s Q:
What housing market do you live in – and can you afford a house there?