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,
Tag Archives: Financial Friday
#FinancialFridays: A recent survey shows that 1 in 4 Canadians say that they can’t afford the holidays this year.
For many, planning for the holidays this year is proving to be a stressful experience. Worries related to the Covid-19 pandemic along with financial concerns and the inability to celebrate as we typically do, is creating anxiety for lots of individuals this Christmas season. Recently, a survey by Credit Canada
#FinancialFridays: As temperatures begin their descent downwards, natural gas rates are on the rise. Are you prepared?
As temperatures begin their descent downwards, Natural Gas rates are on the rise effective October 1st, 2020. Enbridge Gas has received approval from the Ontario Energy Board for changes in the rates customers pay for natural gas. A typical residential customer will see a bill increase of about $7 to
Going to college or university this fall? Attending post-secondary school can be a daunting experience when it comes to balancing expenses associated with school and living away from home. Add in a global pandemic and heading back to school can be even more stressful. The Financial Consumer Agency of Canada
Has debt got you down? If so, you’re not alone. Right now in Canada, the debt crisis is skyrocketing with Canadians owing nearly $2 trillion! Debt can cause a huge amount of stress that ultimately can affect one’s physical and mental health, relationships with family and friends, job performance and
If you are one of the many Canadians who received payments from the Canada Emergency Response Benefit (CERB), you may want to prepare for a harsh reality come tax time. Tax experts are warning that many could be in for a shock. Depending on your yearly income, there is a
by: Caroline Araujo Abbotts, Financial Literacy Program Coordinator, United Way of Bruce Grey It is a time of heightened concern and fear. I am nervous about walking down the street and a virus too small to see that may be anywhere. I am worried about the safety of my family’s