Think twice before cancelling auto insurance + MORE Feb 3rd

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 home insurance

What is Wedding Insurance and Do I Need It? Jun 24th

If you’re shopping for wedding insurance, chances are the big day is quickly approaching. So, congrats! Planning your wedding can be a very busy time and there’s a lot of stress. You want your day to be perfect and you don’t want to worry about what could go wrong. What if the gown is dama.... More »

Critical illness and disability insurance in Canada Sep 29th

When I bought my home and car, I also bought home and car insurance—it wasn’t even a question. (Plus, car insurance is mandatory in Canada.) If you own a home or a car, you probably also have insurance to protect your valuable asset. You might also be one of the 22 million Canadians who have lif.... More »
 house insurance

Hacks to Slash Your Mortgage and Clear Your Debt Early Aug 16th

Finding you the best financial practices is what gets us up in the morning. And our staff is a great resource for these ideas. So we polled the staff in our office to ask one simple question:  What mortgage hacks do you use to speed up your mortgage payments? Here are their best tips for getting o.... More »
 health insurance

What Happens When the CERB Ends? Jun 24th

The Canada Emergency Response Benefit (CERB) is designed to help Canadians cope with the loss of employment as a result of the COVID-19 pandemic. The benefit was about to expire in July for some of the earliest applicants, but it was recently extended by an additional eight weeks. Despite the exten.... More »
 health insurance

The Best American Express® Credit Cards in Canada Oct 31st

It is a long-held belief that Amex® cards are just for the wealthy – but their current selection of cards should help to dispel that myth. From no-fee cards with low balance transfer offers, to top tier cards with VIP benefits and comprehensive travel insurance, there really is something for eve.... More »
We need to understand what ‘Islamophobia’ really meansThroughout the second day after the late-night shooting at the Mosque in Quebec city, people continued to add flowers and notes and other objects as memorials for the victims on snowbanks around the perimiter of the mosque. (Photograph by Roger LeMoyne)

Mamadou Tanou Barry, 42, a government information-technology specialist, father of two. Ibrahima Barry, 39, a civil servant for the provincial health-insurance board, father of four. Khaled Belkacemi, 60, a Laval University chemistry professor, father of three. Abdelkrim Hassane, 41, a government information-technology specialist, father of three. Azzedine Soufiane, 57, proprietor of the Assalam halal grocery, father of three. Aboubaker Thabti, 44, pharmacist, father of two.

They are the dead from the Jan. 29 massacre at a mosque in the Quebec City suburb of Sainte-Foy. Among the million Muslims of Canada, they were our people, murdered while at prayer, and the horror of it drew our flags to half-mast and summoned thousands of Canadians to mourn in small candle-lit gatherings and in street vigils from Iqaluit to Victoria, and from Halifax to Calgary…

Continue Reading On macleans.ca »

The Best (and Cheapest) Cars to Insure in Canada
Fact: The Honda Civic has been the best-selling car in Canada for 19 consecutive years, with more than 800,000 models being sold nationwide since 2004. But according to recent sales data, the Hyundai Elantra seems to be picking up speed as it is the only vehicle listed in the top 10 whose sales grew year-over-year, while all of the others shrank.
Check out the top 10 best-selling cars in Canada last year below:

Honda Civic
Hyundai Elantra
Toyota Corolla
Mazda Mazda3
Chevrolet Cruze
Volkswagen Jetta
Volkswagen Golf
Hyundai Accent
Ford Focus
Toyota Camry

Volkswagen models the cheapest to insure
So sure, these cars may be rising in popularity. Chances are, nowadays, if you’re not driving a Civic, you saw tens or hundreds of them on your way to work this morning. But how do these best-selling cars rank in the cost for auto insurance?
To find out which of these best-sellers cost less to insure, we compared average car insurance rates using the RateSupermarket.ca car insurance quoter in six Ontario cities — Ajax, Cambridge, London, Ottawa, Peterborough, and Toronto…

Continue Reading On ratesupermarket.ca »

Think twice before cancelling auto insurance
Q: I’m considering getting rid of one of our personal cars—we have two. It is beyond its years and at the moment we don’t need it and have no real parking space for it.  My concern is insurance premiums when I finally do require a car and commit to buying another. We intend on adding me as a driver on my wife’s vehicle and it could be some time before we purchase another. Will my premiums go up if I’m not a principal driver for a long period of time?
– Frank in Oshawa, Ont.
A: This is a great question and one that I wish more people asked before getting rid of their vehicle or cancelling their insurance.
Your insurance history does have an impact on how much you pay for auto insurance. If you have a lapse/gap in your insurance history, it can affect your overall rating and increase premiums. If you didn’t add yourself to another policy as a driver you would have a gap in your insurance history. Adding yourself as a driver to your wife’s policy is a great way to keep your insurance history unbroken for when you buy another vehicle again…

Continue Reading On moneysense.ca »

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