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How to negotiate a job offer to get better benefits Jun 5th
Not all workplace benefits plans are created equal. Experts say it’s important to understand what’s in the plan before signing a contract at a new job, and whether there’s room to negotiate some extra perks better tailored to your life.
“Sometimes, benefits programs can seem really bright.... More »
How to qualify for EI benefits in retirement in Canada Feb 21st
Ask MoneySense
I’m a 75-year-old male, working part-time and contributing to EI every two weeks; and have for 10 years.
I do have CPP and OAS income.
Do I qualify to collect EI benefits for a period of time if I retire this year? I’ve paid contributions for 10 years and now plan to ret.... More »
Don’t procrastinate writing a will, experts say Mar 7th
OTTAWA – It could be the most important document people write, and they won’t be alive to see it through.
Writing a will may be at the bottom of many to-do lists, but financial and legal experts say that laying out your wishes can ensure your money goes where you want and may save your estate fr.... More »
The best travel insurance credit cards in Canada for 2025 Jan 11th
Many Canadian credit cards come with built-in travel insurance benefits, such as emergency medical coverage, trip cancellation protection and flight delay compensation, which can save travellers from unexpected out-of-pocket expenses. Our list of the best travel insurance credit cards come with thes.... More »
How life insurance can shave your capital gains tax + MORE Sep 24th
Q: My husband and I bought life insurance in 2008. At that time, I was 44 and a non-smoker, and he was 46 but a former smoker. Each of us is insured for $250,000. The monthly premiums have been a total of $142.50 since we took out the policy—$58.90 for me, and $83.60 for him. In 2018, when my hus.... More »
Can Stroke Victims Get Life Insurance?
– life-insurance-quotes.ca
If you have had a stroke you may still be able to get life insurance protection. Just some of that factors that underwriters look at are: the number of strokes, the length of time since the stroke; and positive life style changes since the stroke. Read on to find out more ( e.g. likely underwriting decisions).
Middle-class dreams a myth: Government report
– moneysense.ca
OTTAWA – Canada’s middle-class is mortgaging its future to stay afloat, making the Canadian dream “a myth more than a reality.”
That’s the blunt assessment of an internal Conservative government report, an unvarnished account of the plight of middle-income families that’s in contrast to the rosier economic picture in this month’s budget.
The document was prepared last October by experts in Employment and Social Development Canada, the department that runs the employment insurance fund and other income-support programs. The Canadian Press obtained the report under the Access to Information Act.
“The wages of middle income workers have stagnated,” it says, referring to the period from 1993 to 2007.
“Middle-income families are increasingly vulnerable to financial shocks.”
The document, drawing on three years of “internal research,” was prepared for the department’s deputy minister, Ian Shugart, shortly before the resumption of Parliament last fall.
“In Canada, political parties are making the middle class a central piece of their agendas,” notes the presentation…
That’s the blunt assessment of an internal Conservative government report, an unvarnished account of the plight of middle-income families that’s in contrast to the rosier economic picture in this month’s budget.
The document was prepared last October by experts in Employment and Social Development Canada, the department that runs the employment insurance fund and other income-support programs. The Canadian Press obtained the report under the Access to Information Act.
“The wages of middle income workers have stagnated,” it says, referring to the period from 1993 to 2007.
“Middle-income families are increasingly vulnerable to financial shocks.”
The document, drawing on three years of “internal research,” was prepared for the department’s deputy minister, Ian Shugart, shortly before the resumption of Parliament last fall.
“In Canada, political parties are making the middle class a central piece of their agendas,” notes the presentation…
Millions of scam emails target Canadians daily
– moneysense.ca
MONTREAL – Digitally connected young Canadians have become regular targets of phishing scams — fraudsters trying to steal personal information for financial gain, according to a new survey by Visa Canada.
The survey found that 92 per cent of respondents under age 35 confirmed they had been targeted by phishing scams for information such as bank accounts, passwords, card numbers and social insurance numbers.
“They’re online, they’re on their (mobile) phones, they’re very well connected for the most part,” Gord Jamieson, head of risk services at Visa Canada, said of that demographic.
Conversely, scammers usually target seniors with a phone call at home, Jamieson said from Toronto.
Overall, 84 per cent of the Canadians surveyed said they frequently received phishing scams and two-thirds said they would report them if they knew how.
The survey was released Monday in advance of fraud prevention month in March.
A separate study released by PwC, a global consulting firm, said only about one-quarter (22 per cent) of the Canadian companies responding to its 2014 survey indicated they had been affected by cybercrime…
The survey found that 92 per cent of respondents under age 35 confirmed they had been targeted by phishing scams for information such as bank accounts, passwords, card numbers and social insurance numbers.
“They’re online, they’re on their (mobile) phones, they’re very well connected for the most part,” Gord Jamieson, head of risk services at Visa Canada, said of that demographic.
Conversely, scammers usually target seniors with a phone call at home, Jamieson said from Toronto.
Overall, 84 per cent of the Canadians surveyed said they frequently received phishing scams and two-thirds said they would report them if they knew how.
The survey was released Monday in advance of fraud prevention month in March.
A separate study released by PwC, a global consulting firm, said only about one-quarter (22 per cent) of the Canadian companies responding to its 2014 survey indicated they had been affected by cybercrime…
