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
We are very pleased to announce the return of our Financial Literacy Program and the hiring of Caroline Araujo Abbots as the Program Coordinator. The program is free and offers a variety of services including basic budgeting, income advice, referrals to programs that decrease living costs, some credit counselling and
The Covid-19 pandemic has been tough on the finances of many. If you are looking for budgeting ideas to help get you through these unprecedented times, we have a workshop just for you. On August 24th at 10 am, our Financial Literacy Program Coordinator Caroline Araujo Abbotts will be co-hosting
Are you receiving financial support from the Ontario Disability Support Program (ODSP)? Have you also received the Canada Emergency Response Benefit (CERB)? If so, CERB payments can affect your ODSP payment the month after any month in which you received the CERB. Income from CERB is treated similarly to how
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
When Covid-19 arrived, we were faced with vast lifestyle changes that translated into more online interactions such as working from home, online banking, virtual shopping, communicating with friends and family and more. Unfortunately, scammers and fraudsters are also very active during the pandemic and we need to be extra vigilant
Financial Fridays – Debt Strategies Keeping a good credit rating in this age of Virtual Finances is crucial. And there are many ways to keep credit buoyant without having to use it all the time. But what happens when adversity hits? Survival is necessary and sometimes we need to make
Credit is like a hammer; it can help build our dream 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
