How to go about securing the best policy for your insurance in Canada.
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The best travel insurance credit cards in Canada for 2023 Nov 1st
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The best travel insurance credit cards in Canada for 2023
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The Power of Positivity: a Q&A With Onlia’s Fernand Vartanian Oct 19th
What’s new in the world of insurance?
Over the last few years, drivers in Ontario have been eligible for discounts or incentives based on safe driving behaviour. Recent regulatory changes mean that now some providers of pay-as-you-drive policies could increase a customer’s premium if the trac.... More »
Are your deposits at Canadian financial institutions safe? Mar 21st
Ask MoneySense
We live in Ontario, and in light of the current banking problems in the U.S., we are a bit concerned about our investments.
They are held at three different banks at the moment and are largely in GICs and high-interest savings accounts.
We are aware that up to $100,000 is insure.... More »
Bank of Canada holds rate, suggests more hikes likely at more cautious pace Oct 26th
The Bank of Canada left its benchmark interest rate unchanged Wednesday following two straight hikes but suggested future increases are still likely, albeit at a more gradual pace.
In its scheduled announcement, the central bank said it held off this time in part because it expects the recent streng.... More »
TD First Class Travel Visa Infinite Card review: Should you sign up for this travel rewards card? Jan 11th
The TD First Class Travel Visa Infinite isn’t necessarily the first TD travel card you think of, given TD’s deep relationship with Air Canada and Aeroplan—but it’s worth considering for its flexible redemption program and partnership with Expedia. You can use the Expedia For TD online portal.... More »
Bring back the $10,000 TFSA
– moneysense.ca
(Getty Images)For those who pay attention to what politicians are up to on taxes, consider that since 2015, the focus has mostly been on raising them. From Atlantic Canada to Alberta, British Columbia and federally, new brackets were invented and other rates raised; in addition, new and higher taxes are yet to come including a federal carbon tax.
Even the new Progressive Conservative government of Brian Pallister in Manitoba, elected last year on opposition to a sales tax increase by the previous government, is toying with new taxes, including a carbon tax and higher taxes on insurance products.
One rare exception to this flurry of higher tax activity was in 2016 when the federal government dropped the rate for one middle income bracket, to 20.5 per cent from 22 per cent.
Middle-class Canada takes a hit
Regrettably, as the Fraser Institute discovered last week, that change wasn’t enough to offset the removal of many boutique tax credits. The net result was that 81 per cent of middle class taxpayers saw their taxes rise, and on average pay $840 more annually…
'A complete joke': Laid-off Sears workers say hardship fund cash amounts to nothing after EI cut
– cbc.ca
Laid-off Sears Canada workers say the hardship fund set up to help them is pointless because any payout counts as income and is deducted from their employment insurance benefits.
