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Do your research before buying pet insurance, experts say + MORE Oct 23rd
There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here.
Cost Plus and Group Benefit Plans - life-insurance-quotes.ca
What is Cost Plus?
Group benefit plans, also called group insurance or employee benefits, offer company employees.... More »
Prospective home buyers feel the heat over new mortgage rules, but all hope is not lost, industry leaders say Jul 10th
Mortgage default insurance is mandatory on down payments between five and 19.99 per cent, and as of July 1 it will be even harder to qualify through the national housing agency. But don’t panic just yet..... More »
Best credit cards for rental car insurance in Canada + MORE Dec 14th
Rental car insurance is a travel insurance benefit included with many premium credit cards. Understanding credit card rental car insurance can give you peace of mind and save you money the next time you hit the road. Let’s dive into the best credit cards with rental car insurance coverage in Canad.... More »
Retirement 100 all-stars + MORE Oct 10th
How we came up with the grades
Canada's 100 best dividend stocks
Retirement 100 all-stars
How much will you make in retirement?
We were pleased to see Power Financial (PWF) and the Bank of Montreal (BMO) get top grades again this year, as they did in 2013. Both offer dividend yields approachi.... More »
Financial planning in your 70s + MORE Oct 7th
When most people think about financial planning, they think about saving and investing for retirement. That is certainly a part of it, but financial planning is much more holistic.
Here are a few financial planning strategies for those approaching or into their 70s. If you are not there yet, bookmar.... More »
INFOGRAPHIC: How To Cut Your Gas Bill By $100
– ratesupermarket.ca
Hitting the open highway for a cross-province road trip may not be as cost effective as frugal travelers think. Price gouging gas stations, sky high insurance premiums and unexpected vehicle wear and tear can put any vacationer’s wallet to work!
Looking to cut down on your car expenses? Check out our handy infographic, the latest edition to the RateSupermarket.ca Cost Of series. Whether you’re headed across the country, or just commuting nine to five, you can save with these on-the-road money management tips.
Pro tip: Paying for fuel is an ongoing expense. If you’re using plastic at the pump, make sure your credit card has competitive gas rewards or cash back. Our fave: The MBNA Smart Cash® MasterCard® Credit Card. Not only does this card earn up to 5% cash back on gas and groceries for the first six months (two per cent after that), but you’ll also score a FREE $100 gift card from RateSupermarket.ca if approved, until August 31. Save even more on your driving costs – compare to find the best car insurance premiums today!
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<!– How to Cut Your Gas Bill By $100 – RateSupermarket…
The July 8 flooding that resulted from a severe thunderstorm in the GTA region was the most expensive natural disaster in Ontario history, the Insurance Bureau of Canada says.
Summer Travel Study Saves Consumers A Hot $100 On Gas Costs
– ratesupermarket.ca
RateSupermarket.ca offers frugal fuel tips for on-the-road money management
August 14 – Toronto Ontario: Hitting the open highway for a cross-province road trip may not be as cost effective as frugal travelers think. Price gouging gas stations, sky high insurance premiums and unexpected vehicle wear and tear can put any vacationer’s wallet to work.
According to RateSupermarket.ca, Canada’s comprehensive rate comparison site, there are significant savings for drivers who take a savvy approach to their payments at the pump – $92.21 over the course of a year.
This savings strategy is illustrated, along with additional frugal fuel tips, within the site’s Cost of Gas study.
“As transportation accounts for over 20 per cent of the average annual household income*, our aim is to provide drivers with ways to minimize the financial impact of their everyday purchases at the pump,” said Penelope Graham, spokesperson for RateSupermarket.ca. “Consumers who are aware of their payment options have greater opportunity to save on their driving costs…
Intact Financial files prospectus to offer up to $3 billion in shares, debt
– canadianbusiness.com
TORONTO – Intact Financial has filed a shelf prospectus that will allow it to offer up to $3 billion in a combination of debt, preferred or common shares, warrants and the like over the next 25 years.
Intact also filed a supplement to its prospectus that would allow it to issue up to $850 million in medium-term notes.
The prospectus replaces one that was filed in July 2011 but has since expired.
The Toronto-based property and casualty insurer saw its net operating income fell 32 per cent to $123 million in the most recent quarter, largely due to storms and flooding in Alberta.
The company warned last month that it expected to take a hit in both the second and third quarter from claims related to the Alberta floods, the flash flood in Toronto and the Lac-Megantic train crash in Quebec in early July. It said it will be boosting premiums for home insurance products this fall in light of the increasing prevalence of weather-related catastrophes.
Shares of Intact Financial closed down 19 cents to $62…
Intact also filed a supplement to its prospectus that would allow it to issue up to $850 million in medium-term notes.
The prospectus replaces one that was filed in July 2011 but has since expired.
The Toronto-based property and casualty insurer saw its net operating income fell 32 per cent to $123 million in the most recent quarter, largely due to storms and flooding in Alberta.
The company warned last month that it expected to take a hit in both the second and third quarter from claims related to the Alberta floods, the flash flood in Toronto and the Lac-Megantic train crash in Quebec in early July. It said it will be boosting premiums for home insurance products this fall in light of the increasing prevalence of weather-related catastrophes.
Shares of Intact Financial closed down 19 cents to $62…
High interest savings accounts at discount brokers
– moneysense.ca
[Note: This post has been updated to note a couple of additions to high interest savings accounts offered by Scotia iTrade and BMO InvestorLine. Feel free to have it bookmarked.]
It turns out that Renaissance High Interest Savings Account (ATL5000) is not the only high interest savings account (HISA) available through a discount broker. HISAs are savings accounts that can be purchased in a discount brokerage account just like a mutual fund. These accounts typically pay much higher interest rate than money market funds and are ideal for parking cash in Registered Retirement Savings Plan (RRSP), Tax-Free Savings Account (TFSA) and investment accounts. Just like online HISAs, Canadian dollar discount broker HISAs are eligible for Canada Deposit Insurance Corporation (CDIC) insurance.
First a note of caution: first check with your broker that no fees of any kind are charged for buying or selling HISAs and no fees are applied for early redemptions. For example: Scotia iTrade charges an early redemption fee of 1 percent (minimum of $38…
It turns out that Renaissance High Interest Savings Account (ATL5000) is not the only high interest savings account (HISA) available through a discount broker. HISAs are savings accounts that can be purchased in a discount brokerage account just like a mutual fund. These accounts typically pay much higher interest rate than money market funds and are ideal for parking cash in Registered Retirement Savings Plan (RRSP), Tax-Free Savings Account (TFSA) and investment accounts. Just like online HISAs, Canadian dollar discount broker HISAs are eligible for Canada Deposit Insurance Corporation (CDIC) insurance.
First a note of caution: first check with your broker that no fees of any kind are charged for buying or selling HISAs and no fees are applied for early redemptions. For example: Scotia iTrade charges an early redemption fee of 1 percent (minimum of $38…
