What IF…You OWE Income Tax? While the majority of the population can expect a return from income tax filing; every individual or family’s tax circumstances are unique. To find out if you will have a refund or owe taxes, it is important to file all your outstanding tax returns. Getting
BEWARE! There is a new way to pay for small purchases… and you should avoid it. More retailers are offering the choice of paying by installments, even for small purchases like cosmetics and clothes. Christmas is a big opportunity for stores to promote the buy now, pay later system. These
#FinancialFridays: Preparing for Christmas The snow we experienced this past week is a reminder that the holiday season will soon be upon us. I find shopping for Christmas overwhelming. I want to get the kids something they will like but also stay within budget and shop early so I don’t
Looking to make some positive changes in your life? Our “Turning Over Stones” brochure contains useful information relating to local utility assistance, home repairs and energy programs, financial literacy, support for children and newcomers and more. This resource along with information on our Financial Literacy Program is available online at
“Pay yourself first.” This is a mantra that is used to help personal finances.What does it mean? This means putting money away for emergencies. Pick an amount – any amount – and put it in a separate account every month. Make this non-negotiable. You can put it in a regular
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
Did you know…… you can make income tax payments in installments!? If you owe taxes to the government, the Canada Revenue Agency (CRA) will work with you to make a payment plan that works for you. Because of the financial hardships people are dealing with because of COVID-19, the CRA
Our Financial Literacy Program relaunched in June 2020 and this week marked the 250th person accessing the program. 62% of those who accessed the program completed a budget with our Financial Literacy Program Coordinator. A budget is an important tool for understanding your current financial situation and making a plan
Are you feeling like debt is weighing you down? Unable to pay the debts you owe? Struggling and not sure where to turn? The latest MNP Consumer Debt Index found that as much as 53% of Canadians were $200 or less away from not being able to pay their monthly
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
