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Latest News
What is a cashable GIC? + MORE Dec 23rd
Canadian investors have been struggling with high inflation for a couple of years now. In an attempt to cool inflation down, the Bank of Canada (BoC) continues to keep interest rates high. As a result, the interest rates available for guaranteed investment certificates (GICs) look to be pretty attra.... More »
Choosing a Group Benefits Advisor Mar 28th
How Getting a Group Benefits Plan Works
A company that is looking for a benefits plan engages an advisor (e.g. a broker or agent) who then submits that company’s details to several insurance companies for a quote. (An experienced advisor will know which insurance companies are best suited for.... More »
Small Business Planning For The New Year Jan 15th
With a new decade upon us it’s a good time to evaluate your business. Begin the new year with a detailed business plan in place, as well as defining your goals. Go beyond the profit and loss figures; maybe it’s time to research using new suppliers, a new marketing strategy, etc.
Use the.... More »
MoneySense Toolkit: The CMHC mortgage insurance calculator Jan 15th
CMHC insurance calculator
If you want to buy a home and have a down payment of less than 20% of the purchase price, you’ll need to purchase mortgage default insurance, often referred to as CMHC insurance or simply mortgage loan insurance.
You’re 2 minutes away from getting the be.... More »
Hacks to Slash Your Mortgage and Clear Your Debt Early Aug 16th
Finding you the best financial practices is what gets us up in the morning. And our staff is a great resource for these ideas. So we polled the staff in our office to ask one simple question: What mortgage hacks do you use to speed up your mortgage payments?
Here are their best tips for getting o.... More »
This Year’s Best Credit Cards for Travel Perks
– ratesupermarket.ca
For the avid traveler, there are a few things you can’t go without – your passport, travel insurance, and a good travel rewards credit card.
Those who travel pretty often already know – the opportunity to gain rewards with a good travel credit card are hard to resist. You can easily earn deep discounts on flights, accommodations, and more.
General rewards credit cards offer points or cash-back rewards for particular spending categories (gas, grocery, pharmacy purchases, etc.) But a good rewards card maximizes on your everyday purchases and ultimately helps you save, instead of forcing you to make purchases in specific categories you wouldn’t usually.
And when it comes to travel rewards credit cards, the best ones come with a flexible, easy-to-comprehend redemption process with few restrictions.
A great travel rewards credit card should also include travel insurance coverage – from trip cancellation and baggage delay coverage that can offset costs when your itinerary doesn’t go as planned, to medical insurance that can cover you in case you become injured or sick while abroad (international medical bills can become ridiculously expensive)…
