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What types of insurance do I really need and which can I live without? Oct 7th
Life, disability, critical illness. The world of insurance can be confusing. A financial planner weighs in on the ones you might want to consider..... More »
What type of insurance does a home-based business need? May 27th
Q. I am starting up a small business where I will manufacture, market and sell my own products online. I will use a room in my home as an office. What type of insurance do I need?
–Paul
A. Hi Paul. An insurance policy protects you against defined risks. Although I haven’t seen your home insuranc.... More »
Insurance Add-Ons You May Want to Consider Purchasing + MORE Oct 3rd
When it comes to purchasing car insurance, going for the cheapest rate can be tempting in order to save money. After all, rates are already high enough as it is.
But you might be surprised what basic things aren’t always included in a base rate. As per Canadian laws, the most basic plans gene.... More »
Home insurance: Are you covered for wildfires, floods and other climate-related disasters? Sep 5th
As wildfires continue to burn in parts of Canada, we’re increasingly feeling the impacts of the climate emergency.
Canada is warming twice as fast as the rest of the world, according to a report by the federal government in 2019. The highest temperature increases are in the North, the Prairies.... More »
Trip Planning and Travel Insurance Dec 11th
Planning a trip can be a very exciting time. You have a destination picked out and you are looking forward to activities that you love to do. Hotel rooms are booked, and you cannot wait to get going.
But have you taken steps to protect yourself from medical emergencies? What about protecting yourse.... More »
A line of credit is derailing my mortgage application
– moneysense.ca
In our April 2016 issue of MoneySense, we introduced you to Lindsay Tithecott, a 29-year-old who is trying to pay down debt, build up savings and buy a larger condo. Throughout the year we’ll be giving her a financial challenge every two weeks to help her get her finances in tip top shape. She’s already been challenged to cut her fitness expenses as well as to determine if she should prioritize debt-repayment over saving. Lindsay’s third challenge was all about condo-buying and the various aspects associated with that process.Challenge No. 3 — An update
Over the last couple of weeks, Lindsay has done some legwork and gone to a competitor bank to find out how large of a mortgage she’d need to purchase a two-bedroom condo in Kamloops, B.C. She’s also learned about the costs of CMHC mortgage insurance as well as large a mortgage she’d be eligible for.
Lindsay talked about her experience in the video below and then we had experts give her some clarification and advice…
Prime Minister Justin Trudeau, right, and Alberta Premier Rachel Notley look over the devastation during a visit to Fort McMurray. (Jason Franson, CP)EDMONTON — Prime Minister Justin Trudeau says the government is extending employment insurance benefits to three western economic regions that were left out when changes were first made.
“More people … will be getting additional help from the federal government as we add them to the list of areas where residents will have access to extended employment insurance benefits,” Trudeau announced Friday in Edmonton.
“We said we would continue to monitor and assess the situation and act if need be,” he said. “Edmonton, southern Saskatchewan and southern interior B.C. now meet the criteria we established.”
The March budget eased EI waiting periods and added weeks of coverage in 12 parts of the country hit hard by a prolonged downturn in commodity prices.
Related: Why the new EI tax credit could do more harm than good…
Each week, the Maclean’s Ottawa bureau sits down with Cormac Mac Sweeney to discuss the headlines of the week. This week, Prime Minister Justin Trudeau toured the destruction in Fort McMurray and announced new employment insurance help for regions hit hard by wildfires. Cormac spoke with Veterans Affairs Minister Kent Hehr, the chair of a new cabinet committee handling the response to the wildfires in northern Alberta.
The federal government has taken the first step in fundamentally changing the way we vote in federal elections. The Liberals announced a committee that will study options for electoral reform, including proportional representation and ranked ballots. We speak with an expert who’s critical of the Liberal road map to reform.
The controversial assisted dying bill is expected to pass through the House of Commons in a matter of days. But it appears the Senate is poised to pose fundamental amendments to the legislation. We speak with Conservative Sen. Bob Runciman, the chair of the Senate committee that’s studying the bill, about potential amendments—and the prospect that legislators could miss the Supreme Court’s deadline…
Fort McMurray disaster won’t hit Canada’s big banks: DBRS
– theglobeandmail.com
Banks with insurance operations will be exposed to higher claims, but DBRS expects liabilities can be easily absorbed by bank earnings
Trudeau: EI benefits extended to three western regions
– moneysense.ca
EDMONTON – Prime Minister Justin Trudeau says the government is extending employment insurance benefits to three western economic regions that were left out when changes were first made.
“More people … will be getting additional help from the federal government as we add them to the list of areas where residents will have access to extended employment insurance benefits,” Trudeau announced Friday in Edmonton.
“We said we would continue to monitor and assess the situation and act if need be,” he said. “Edmonton, southern Saskatchewan and southern interior B.C. now meet the criteria we established.”
The March budget eased EI waiting periods and added weeks of coverage in 12 parts of the country hit hard by a prolonged downturn in commodity prices.
But the three western regions didn’t qualify under a formula used by the government.
The Liberals were under increasing pressure to add them to the list — especially from the premiers of oil-producing provinces Alberta and Saskatchewan…
“More people … will be getting additional help from the federal government as we add them to the list of areas where residents will have access to extended employment insurance benefits,” Trudeau announced Friday in Edmonton.
“We said we would continue to monitor and assess the situation and act if need be,” he said. “Edmonton, southern Saskatchewan and southern interior B.C. now meet the criteria we established.”
The March budget eased EI waiting periods and added weeks of coverage in 12 parts of the country hit hard by a prolonged downturn in commodity prices.
But the three western regions didn’t qualify under a formula used by the government.
The Liberals were under increasing pressure to add them to the list — especially from the premiers of oil-producing provinces Alberta and Saskatchewan…
