Insurance policy getting you down? There are always sound insurance alternatives.
Latest News
Making sense of the markets this week: June 18, 2023 + MORE Jun 17th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
The U.S. Fed pauses rate hikes—for now
On Wednesday, the U.S. Federal Reserve decided to pause raising interest rates after 10 co.... More »
What COVID-19 Has Taught Us About Insurance & Preparedness + MORE Aug 15th
During these unprecedented times, we know that many of you may be feeling stressed, overwhelmed, and maybe even a little paranoid about the future. We also understand that due to COVID-19, your worldview may have changed when it comes to the stability of your job, health, and home.
While Baker &.... More »
What you need to know before starting a home renovation Feb 8th
Q. I’m about to start a home renovation. What type of paperwork and contracts should I have with the contractor? And do I need any type of insurance in case anything goes wrong, or am I already covered under a home insurance policy?
–Sharon
A. These are all good questions, Sharon. Let’s start .... More »
National Bank of Canada World Elite Mastercard review Oct 31st
National Bank’s World Elite Mastercard has long earned accolades for its included insurance, robust points program and unique and valuable perks, making it a solid choice as a travel card. With the fall 2022 restructuring of its rewards program and other adjustments affecting insurance and the rei.... More »
Does a 21-year-old need life insurance? Jul 18th
Q: I am 21-years-old, studying full-time, working part-time, and I would like to know when is the “right” time to get life insurance and if I really need life insurance this young. I work in the banking services industry and I hear a lot of my customers discussing their insurance detail.... More »
What If the CRA Makes a Mistake on Your Taxes?
– ratesupermarket.ca
Penelope: 2010 was a tumultuous year to say the least – I uprooted my life in Calgary and made the cross-country trek back to Toronto. Mixed into the fray were countless details – Employment Insurance to be sorted, provincial medical care: the works. Which is why, when I realized my Notice of Assessment still hadn’t arrived two years later, I had a sinking feeling. A quick phone to the CRA proved my gut right – I was informed that they had no record of my taxes filed during 2010 or 2011. But I knew this was wrong; I had even used the services of our family accountant. Fast forward to gathering up my tax info (and tracking down a cheque paid to and cashed by the government), and the only recourse is to mail the lot to the CRA for another look.
It’s been a frustrating ordeal to say the least, but my experience inspired the following article by staff writer Andrew Seale – how often does the CRA make a mistake… and what can you do as a taxpayer to clean up the situation?
Taxes: An Imperfect Process
If you’re a last minute tax crammer or flustered by doing your own taxes, sometimes accidents do happen…
