The Rising Cost of Food and How You Can Save at the Till

The Rising Cost of Food and How You Can Save at the Till

Is it starting to feel like everything you pay for costs more than it did the week before? Starbucks coffee went up a few months ago, gas prices are climbing as summer approaches, and food prices are setting new records. Since your income is not going to increase, to cover the increased bill, here are a list of ten tips to help you save on your grocery bill. Continue reading »

Save Money this March Break

Save Money this March Break

Are you off to parts warm or relaxing this March Break? If you’ve been saving all winter for this trip, it’s important to make the investment worth it. Just because you’re treating yourself to a break doesn’t mean you should throw financial caution to the wind. Before you book and while you’re away, keep in mind these money-saving tips. Continue reading »

Are We Financially Illiterate?
Personal Finance / Personal Finance News

Are We Financially Illiterate?

Earlier this week, the Ontario Government announced that financial literacy would be incorporated into the 2011-12 curriculum, for grades four through twelve. Partnering with both the Ontario Securities Commission and the Investor Education Fund, the province wants to develop materials that will teach students the basics about money and will later help them make informed financial decisions. But why now? Continue reading »

Canadian’s Personal Debt to Income Ratio Reviewed
Debt Repayment / Economic News / Personal Finance / Personal Finance News

Canadian’s Personal Debt to Income Ratio Reviewed

There was an interesting article in the Globe and Mail earlier in the week as Rob Carrick spoke with CIBC’s Chief Economist Benjamin Tal about the recent focus on Canadian debt levels and how the major indicator, the debt to income ratio, may not be the best tool of measurement. Mr. Tal was quoted as … Continue reading »

RateSupermarket.ca Educating Homebuyers on Coming HST Storm
Personal Finance / Personal Finance News / RSM News / Taxes

RateSupermarket.ca Educating Homebuyers on Coming HST Storm

Survey Shows 56% of Respondents Unaware of How HST Will Affect Home Owners/Purchases TORONTO, June 17, 2010 … RateSupermarket.ca, Canadian consumers’ one-stop-site to quickly and easily compare over 500 mortgage rates from the country’s top providers, has embarked on an educational campaign to expose additional fees that homebuyers will experience when the HST comes into … Continue reading »

CIBC Buys Citigroup’s Canadian Credit Card Business for $2.1B
Credit Card News / Credit Cards / Personal Finance / Personal Finance News

CIBC Buys Citigroup’s Canadian Credit Card Business for $2.1B

Things are heating up in the credit cards industry as CIBC announced that they’ve bought Citigroup’s Canadian credit card business for $2.1B. This deal will make CIBC the largest dual credit card provider (Visa and Mastercard) in the country and increases their outstanding credit card balance to over $14B. It includes Citi’s co-branded cards such … Continue reading »

Lender Loyalty Could Cost Canadian Consumers Thousands
Personal Finance / Personal Finance News / RSM News

Lender Loyalty Could Cost Canadian Consumers Thousands

RateSupermarket.ca Pledges to Inform Canadians of Mortgage Money Saving Options TORONTO, March 9, 2010 … RateSupermarket.ca, Canadian consumers’ one-stop-site to quickly and easily compare over 500 mortgage rates from the country’s top providers, is embarking on a campaign to educate Canadians that shopping around for the best mortgage rates at renewal time could save them … Continue reading »