Category Archives: Financial Fridays

#FinancialFridays: Are you a senior on a fixed income? This post is for you!

If you’re 60 years or older and you’re living on a fixed income, this video provides valuable information on Federal financial support through the Guaranteed Income Supplement (GIS). Please note that the eligibility criteria for the 2020 tax year has changed since the preparation of this video. Please see cut-off

#FinancialFridays: Seniors who received the CERB and Canada Recovery Benefit may now not qualify for the GIS or may face drastic reductions to their payments.

For those seniors that received the CERB and the Canada Recovery Benefit, many now will not qualify for the Guaranteed Income Supplement (GIS) or may face drastic reductions to their payments. Like employment insurance, the guaranteed income supplement (GIS) is income-tested. That means the previous year’s taxable earnings – including

#FinancialFridays: School may be out for the summer, but now is a great time to think about your child’s post secondary education.

School may be out for the summer but it’s also a great time to start saving for your child’s education. Over the next three weeks we are going to talk about government programs and strategies for saving for your child’s post-secondary education including: trade schools, colleges, universities, and other institutions

#FinancialFridays: Wanting to save for your child’s education but not sure where to start?

Would you like to save for your child’s education but struggle to find space on a tight budget? The Canada Learning Bond can help. Many people have heard of the matching program, the Canada Education Savings Grant, but are not aware of the Canada Learning Bond. This program does not

#FinancialFridays: Debt and collection agencies – here’s what you should know.

If you have debt and collection agencies are calling constantly, its hard not experience anxiety and stress. Choosing to ignore debt may seem like the right thing to do at the time but left unchecked, your debt could grow and you may experience negative effects on your mental and physical

#FinancialFridays: The Government of Canada announces more support for parents with young children. Learn more here.

The Federal Government has announced more financial support for parents with their Canada Child Benefit Young Child Supplement (CCBYCS). Families with children under the age of six in 2021 who receive the Canada Child Benefit will receive an additional supplement beginning May 28th. If your family’s net income (income after

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