What you need to know before starting a home renovation Feb 8th

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Walmart Rewards Mastercard alternatives: the 9 best Walmart credit cards Feb 16th

The mega-retailer Walmart has grown considerably over the years, from its humble origins as a small store in 1960s Arkansas to the worldwide chain it is today. The company’s Canadian history started in 1994, beginning with the acquisition of 122 Woolco stores. A lot has changed in the past 25 year.... More »

“How can I lower my auto insurance bill during COVID-19 lockdown?” + MORE May 3rd

On April 8, 2020, the Insurance Bureau of Canada released the following statement: To help Canadians cope with the financial impact of COVID-19, the Insurance Bureau of Canada (IBC) member companies are offering substantial consumer relief measures. For consumers whose driving habits have changed si.... More »
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Cash Values & Life Insurance Mar 3rd

In a world of way too much tax there still a tax strategy that Canadians should take advantage of. This strategy is to decrease your tax burden, and the tactic is purchasing a life insurance policy that allows for tax-deferred growth. The Concept Many insurance companies have life insurance contrac.... More »
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Canada’s best travel credit cards 2020 + MORE May 15th

With a good travel credit card in your name, going on a trip can suddenly become affordable. And, you can get even more value if you sign up for the right travel credit card—one that doesn’t just focus on points, but also has perks such as lounge access, amazing insurance coverage and the flexib.... More »

Can you gain entry to your formerly shared home after a separation? May 7th

Q. I have somewhat of a complicated situation regarding my separation and the separation agreement, so I’ll try my best to give you as much information as possible: February 2004: Partner and I started living together. He had just purchased a townhouse with financial assistance from his mother. I.... More »
Q. I’m about to start a home renovation. What type of paperwork and contracts should I have with the contractor? And do I need any type of insurance in case anything goes wrong, or am I already covered under a home insurance policy?
A. These are all good questions, Sharon. Let’s start with the type of paperwork or contracts you as a homeowner should have with the renovator you hire. The short answer to this one is simple: you should have the kind that is thorough and in writing.
Much of the litigation I am involved in that’s related to home renovations is the result of the parties not entering into a written contract at all or not entering into a written contract that properly addresses everything that will go on between the parties during the renovation process. Having a thorough written contract is the best way for both the homeowner and the contractor to maximize the likelihood of things going smoothly. To put this another way, it will minimize the chance either will feel the need to get involved in litigation…

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