Have your finances been affected by Covid-19 and the current Stay-At-Home Order / State of Emergency? Lost your job or had your hours drastically cut back? You may qualify for assistance. Covid-19 Financial Supports: In preparation for the current shut-down, here is information about the COVID-19 financial supports: Employment Insurance
Category Archives: Financial Fridays
Attentions parents – are you aware of the Ontario COVID-19 Child Benefit? This benefit is available to parents and legal guardians with the purpose of providing funds to offset the costs of schooling children at home during the 2020-2021 school year. The provincial government is now offering a payment of:$400/child
What is a nest egg you ask? A nest egg is a sum of money that has been saved for a specific purpose. This savings is generally designated for longer-term goals. This is a good time to think about your goals and what it will take to reach them. Before
What is life insurance? Why would I want to buy life insurance? What are some of the “insurance words” that I need to know to have a conversation? How much insurance should I have? How much is it going to cost me? What isn’t covered? All of these are important
If you drive a car in Canada you know it is the law to have insurance … but what kind, how much, and what do you need to know to make an informed decision? Like other areas of insurance, there are terms that you need to understand and there are
According to the Insurance Board of Canada, about 50% of renters in Canada do not have insurance. There is a variety of reasons why and this post is intended to correct some common myths and misconceptions and to provide some resources so you can make an informed decision. Before starting,
What are the 10 most important terms to understand about insurance.(Part 1 of 4). Many people have insurance policies and many people who should have them don’t. Some people have too much coverage and some have the wrong coverage. Many people don’t understand the “language” of insurance companies and that
#FinancialFridays: Free Income Tax Filing Services are available to those who meet income guidelines. Learn more here.
Free Income Tax Filing Services Still Operating Under COVID-19 Conditions in Bruce and Grey Counties. This year, under COVID-19 conditions, the Community Volunteer Income Tax Program (CVITP) is changing how it provides free services. Most local organizations in Grey Bruce will be offering drop-off/pickup, virtual or phone services. Across both
#FinancialFridays: Credit – it can help build your dreams and it can come down like a hammer. Learn more here.
Credit is like a hammer; it can help build our dreams or it can leave us in ruins – it’s all in how we use it. What a wonderful feeling to have that envelope at the door shouting “Congratulations, you’ve been approved for a $10,000.00 loan!”. We all love to
#FinancialFridays: Did you receive pandemic benefits? You may qualify for a payment plan with CRA. Find out more here.
Canadians who received pandemic benefits will have up to 1 year to pay back any debt from those benefits without interest. This applies to Canadians who made up to $75,000 in taxable income in 2020 and received one of the federal government’s five pandemic relief benefits or employment insurance benefits: