The Bank of Canada mortgage rate is remaining at 1.25% for now. In an announcement on May 30, 2018 the Bank of Canada (BOC) said that the overnight interest will stay at 1.25%, at least until the next statement scheduled for July 11, 2018. The...
It may seem strange to say, but if you’re looking for an Ontario Bankruptcy Trustee, you need protection. Ontario Bankruptcy Trustees (officially called Licensed Insolvency Trustees, or LITs) are the only financial professionals in the...
Canadian interest rates are on the rise. From July 2017 to April 2018, the Bank of Canada (BOC) interest rate rose from 0.5% to 1.25% — the highest it’s been in nine years. The question on everyone’s mind is will Canadian interest rates keep...
While the 2017 personal tax deadline has passed, the self-employed tax deadline is still approaching. Sole proprietors have until June 15, 2018. Are you prepared? If you don’t file before the June 15 deadline, you will be subject to CRA...
Spring cleaning doesn’t have to be only for your house. Nature’s rebirth can be a fresh start for many things — including your financial planning. Messy finances can affect your life in many ways. Stress, uncertainty, and anxiety around money...
Your bank account is your source of financial security, but it’s not always so secure. A frozen bank account is something many people have to deal with, and if it happens to you, you’ll need to learn ow to make your bank unfreeze your...
Filing for a consumer proposal is becoming a popular debt consolidation option for Canadians. In 2016, 62,506 Canadians filed for consumer proposal. More Canadians are opting for consumer proposal than bankruptcy, and the number of people who...
The 2017 income tax deadline is on April 30, 2018. Have you filed your taxes yet? If you’re waiting or afraid to due to back taxes or because you’ll owe a tax debt, read on… If you have back taxes: When you owe back taxes, the best thing you...
The 2017 income tax deadline is nearly a month away. April 30, 2018 is the date you must file by or be subject to Canada Revenue Agency (CRA) penalties, interest, and possibly collection action. Tax time can be a source of stress — gathering...
As Canada’s household debt continues to rise, many Canadians are looking at debt consolidation options. Rising interest rates and new mortgage rules are leaving less room for debt and those who once had a comfortable cushion may now find...
So far in 2018 Canadian homeowners have experienced several major changes that could affect finances — new mortgage rules and rising interest rates First, let’s look at the new mortgage rules. On January 1, 2018, new Canadian mortgage rules...
The 2017 income tax deadline is looming on April 30, 2018 and with it the consequences of not paying a tax debt in full. One such consequence if you fail to pay a tax debt is Canada Revenue Agency (CRA) garnishment. A CRA garnishment is just...
Debt Relief Program
Credit Repair Program
Access Financial Help
