There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here.
Latest News
What is renters insurance and how does it work? We make it make sense + MORE Jun 8th
While many people are under the assumption that their landlord’s insurance will protect them, there are actually big differences to be aware of, said money expert Jessica Moorhouse..... More »
What to do if you’re a victim of bank account or credit card fraud Jan 12th
Ask MoneySense
We have been defrauded of over $20,000 by someone who was able to make unauthorized e-transfers from our bank accounts. The bank has recovered a small portion of them, and it has refused responsibility for any more. I am at level three of the complaint process, and I am wondering how .... More »
Term vs. whole life insurance: Which type of policy is best? + MORE Mar 20th
Term or whole life insurance? That is the question. But we have two more questions: What is the difference between these two types of policy? And which one is best for your needs?
Generally speaking, term life insurance is best for those seeking a low-cost, short-term solution. Whole life insuran.... More »
What to Do After Your Identity is Stolen? Apr 17th
Identity theft is a global crime where your personal or financial information is stolen to commit fraud in your name. It leads to severe financial and legal struggles. Identity thieves look for any of the following information:
Full name
Social insurance number (SIN)
Driver’s license number
Home.... 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 »
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…
