As 2020 wraps up (pun intended!), it is also a good time to look forward to tax season. This is going to be a different tax season for many people as they navigate the changes in their income and how that impacts their taxes. For those who applied for COVID-19
Our finances are closely linked to our health, including our mental health. When we are confident about our financial situation and have enough to cover our basic needs with extra at the end of the month, we may be able to feel secure and plan for the future. The opposite
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
As we move towards the upcoming Holiday Season that will most likely be very different from previous ones, it is a good time to think about creating new traditions that are kinder to your bottom line. The holidays tend to be a time during which debts mount along with stress
Preparing a Will can be intimidating. It can also be empowering. By laying out your wishes in a formal document, you can better control what happens after you pass and allow your family to grieve knowing they can follow your decisions. If you have a low or modest income, we
Do you receive the Guaranteed Income Supplement, Allowance or Allowance for the Survivor Benefit? If so, Employment and Social Development Canada and Service Canada has an important reminder for you. During the week of October 5, 2020, Service Canada sent reminder letters and Statement of Income forms to clients in
Canada Emergency Response Benefit (CERB) – ends when you’ve received 28 weeks of benefits or on October 3, 2020, whichever comes first. For those who applied through the Canada Revenue Agency, the last four-week period for the CERB was August 30, 2020 through Septemer 26, 2020. However, you can still
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
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
