Category Archives: General

5 Tips about Tax-Free Savings Accounts

The Tax-Free Savings Account was introduced in 2009. If you haven’t taken advantage of this wonderful savings tool please take a minute to learn more about how they work. Be careful not to over contribute If you were at least … Continue reading

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CRA My Account – Canada Revenue Agency

Canada Revenue Agency has a great web site that every Canadian should get set up with. If you don’t already have access, set aside 10 minutes to enroll in a CRA My Account. There are many benefits. • You can view … Continue reading

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Your Credit Score in Canada

Your Credit Score in Canada Your credit score is a judgment about your financial health, at a specific point in time. It indicates the risk you represent for lenders, compared with other consumers.  It can change from month to month … Continue reading

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Health and Dental Coverage

Health and Dental Insurance We are very fortunate to have one of the best health care systems in Canada.  However, there are some items that are not covered by our health care system such as health and dental coverage.  This … Continue reading

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Travel Insurance for Canadians

Travelling to Cuba? It has been a law since May 2010, that if you are travelling to Cuba, they can request proof of medical insurance. Canadians were presenting their provincial health insurance cards as proof of insurance. Now Cuban officials … Continue reading

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Saving Money on Life Insurance

Saving Money on Life Insurance You can save money on your life insurance coverage by working with a broker. Brokers have the ability to shop around to ensure that you are getting the best price available in Canada for your … Continue reading

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Canada Pension Plan & Employment Insurance Paid Up Contributions

Depending on how much money you make each year, your Canada Pension Plan contributions and Employment Insurance contributions may be paid up in July or August each year. At this point, your take home pay is normally $115 more each … Continue reading

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The Rule of 72

Watch our short video on how the Rule of 72 works when trying to determine how long it takes for your money to double. Subscribe to our YouTube channel to get more useful tips on finances and your money

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What is an Annuity?

An annuity is a investment product sold by financial institutions and in particular life Insurance companies. They are designed to work like a work pension plan, where they give a fixed payment for a period of time. They can be … Continue reading

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Leaving a Work Pension Plan

Check out our video on what happens to your work registered pension plan when you leave your job for a new one with another employer.   Subscribe to our YouTube channel to get more useful tips on finances and your money.

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