The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
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Good habits that can help you improve your credit score Jan 1st
You probably know you should care about your credit score, but do you know why? Simply put, this three-digit number can either help or hurt you in your journey towards financial wellbeing—and it can have far-reaching effects.
Your credit score affects your chances of getting approved for a cre.... More »
Morneau should donate shares to charity instead of selling them first: experts + MORE Nov 1st
OTTAWA _ Of all the headaches Bill Morneau is nursing these days, this might be the least of them: what’s the best way to donate millions of dollars in stock-market gains to charity?
Nice problem to have, many Canadians might say.
But even finance ministers have to manage their money, and Morn.... More »
Business credit card debt: Can I transfer card debt if I'm selling my business? + MORE Jan 28th
If you're selling your business, you can transfer the card debt associated with it to the new owner – just make sure to follow a few rules and put the agreement in writing..... More »
Contribute to RRSP or Pay Down Mortgage? + MORE Jan 8th
This might be the most asked personal finance question in Canada: Should you contribute to an RRSP or pay down your mortgage? Most people would lean towards putting money into an RRSP because of the tax credit and the possibility of a higher return.
However, when considering the tax benefits of the .... More »
We get quick action from RBC: Roseman + MORE Jan 14th
It's smart to check your mail when away from home and keep track of your credit history. If you don’t, you can be caught in a deadline crunch..... More »
5 surprising stress symptoms
– canadianliving.com
Did you know memory problems could be associated with stress? Read on to discover more surprising stress symptoms. Plus, learn techniques to help you beat stress.
Buying opportunities in Europe, BRICS abound
– moneysense.ca
The world as we know it has changed dramatically since I first left for Nigeria in 2004 at the behest of the World Bank’s International Finance Corporation (over the past decade I’ve worked as both a consultant and executive at financial services companies in and around Africa).
As I return home to Canada, global economies it seems are still picking up the pieces following the dotcom bubble bust, 9/11, the great recession, the U.S. housing market collapse and the resulting credit crunch.
The U.S growth rate remains tepid to say the least and unemployment situation is much worse than most economists would have you believe. America’s industrial complex meanwhile has been destroyed, leading to situations like the Detroit bankruptcy.
The picture overseas isn’t much brighter. A large portion of the OECD is struggling with weak economies, rabid unemployment—particularly among youth—and weak banking systems have created financially fragile governments.
Even the supposedly unstoppable BRICS countries (Brazil, Russia, India, China and South Africa) have slowed down as Europe and the U…
As I return home to Canada, global economies it seems are still picking up the pieces following the dotcom bubble bust, 9/11, the great recession, the U.S. housing market collapse and the resulting credit crunch.
The U.S growth rate remains tepid to say the least and unemployment situation is much worse than most economists would have you believe. America’s industrial complex meanwhile has been destroyed, leading to situations like the Detroit bankruptcy.
The picture overseas isn’t much brighter. A large portion of the OECD is struggling with weak economies, rabid unemployment—particularly among youth—and weak banking systems have created financially fragile governments.
Even the supposedly unstoppable BRICS countries (Brazil, Russia, India, China and South Africa) have slowed down as Europe and the U…
