All about Canadian insurance. Learn the ins and outs and get the latest news.
Latest News
Auto loans for newcomers—questions to ask when buying your first car in Canada Dec 22nd
Buying a car in Canada can be a daunting task for newcomers to the country, facing unique challenges like a lack of credit history, an unfamiliar selection of vehicles, new regulations, and new financing and insurance options. Below, we’ll dive into the important steps, tips and pitfalls to help n.... More »
Rising rates are good news for near-retirees seeking longevity insurance + MORE Jun 29th
For years, low interest rates have been a boon to borrowers but a curse to older investors wanting low-risk interest income options. Now, after a decade of minuscule rates, interest rates are starting to inch back up again: another 0.5% as of June 1st. That’s good for GIC investors (guaranteed inv.... More »
TFSA contribution room calculator Oct 15th
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator.
TFSA is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like exchange-traded funds&n.... More »
TD Canada Trust Hikes Prime Mortgage Rate – What’s Next? Nov 7th
It was a move that came as a shock to some but not was not a surprise to others. On November 1st, TD Canada Trust became the first of the big five banks in Canada to raise its prime mortgage rate from 2.7 per cent to 2.85 per cent. The news comes only two weeks after the implementation of brand-new.... More »
5 tips for saving money on insurance costs Oct 14th
Saving money on insurance isn’t as big of a task as you might think. At first, it can feel overwhelming to navigate your insurance bill, looking for ways to reduce your premiums (and future costs too!). But the truth is, by making simple changes to your insurance policies and as well as handling a.... More »
More Spastic Speculation Over the Bank of Canada
– ratesupermarket.ca
To say it has been an eventful year thus far for market and interest rate watchers would be an understatement. Pundits have been blindsided not once, but twice by the Bank of Canada on the direction for our national cost of borrowing… and it’s only March.
To recap: the long-held expectation that the Bank of Canada would hike interest rates this year was turned on its head in January, as our central lender implemented a surprise 0.25 per cent cut to its Overnight Lending Rate in response to lower oil prices. That caused a flurry as banks scrambled to respond with changes to their Prime rates and economists realized oil’s impact was a more urgent cause for concern than thought.
Markets took the BoC’s cautionary stance in stride, and overwhelmingly expected another cut to occur in the March 4th announcement – only to be derailed again by a speech made the week prior by BoC Governor Stephen Poloz, announcing measures taken thus far had been sufficient “insurance” against oil’s downfall…
To recap: the long-held expectation that the Bank of Canada would hike interest rates this year was turned on its head in January, as our central lender implemented a surprise 0.25 per cent cut to its Overnight Lending Rate in response to lower oil prices. That caused a flurry as banks scrambled to respond with changes to their Prime rates and economists realized oil’s impact was a more urgent cause for concern than thought.
Markets took the BoC’s cautionary stance in stride, and overwhelmingly expected another cut to occur in the March 4th announcement – only to be derailed again by a speech made the week prior by BoC Governor Stephen Poloz, announcing measures taken thus far had been sufficient “insurance” against oil’s downfall…
Alcohol and Life Insurance
– life-insurance-quotes.ca
All about the consumption of alcohol and buying a life insurance policy. Covers problem drinking, alcoholism and any time spent in a treatment center. We also offer tips to speed up an application as well as types of testing done for medically underwritten life insurance plans.
