What Topic Do You Want To Explore?
First-Time Home Buyer Incentives
If you're considering buying your first home, there are first-time home buyer incentives for you to take advantage of. But of course, the benefits from the programs will depend on your own eligibility so it's important that you learn about the programs and know what...
Should You Refinance Your Mortgage?
What does it mean to Refinance a Mortgage? Refinancing a mortgage is when you renegotiate your current mortgage loan agreement -- usually to access the equity in your home -- to replace it with a new loan agreement. When people pay down the principal on their...
Old Age Security (OAS) Pension & Guaranteed Income Supplement (GIS)
What is the Old Age Security (OAS) Pension? The OAS pension is a monthly taxable income that you may receive from the government if you’re 65 and older. In most cases, you do not have to apply to get this benefit because Service Canada will be able to automatically...
Registered Retirement Savings Plan vs Tax-Free Saving Account
What is an RRSP and a TFSA? A Registered Retirement Savings Plan (RRSP) is a savings plan where people save money for their retirement. The contributions made to an RRSP account reduces your income by that amount because the funds in an RRSP are tax-deferred. The...
Who Is Giving You Financial Planning Advice?
Who Is Giving You Financial Planning Advice? Handling finances can be difficult for many people because financial planning is not taught in school, and it is rarely taught in the home. While some people may be very savvy at plotting out their financial course, not...
The Truth About Loans For Debt Consolidation
What is a debt consolidation loan? Put simply, a debt consolidation loan is one big loan that a finance company will lend you to pay off all your individual debts. The word consolidation is used because your debts that are with multiple lending institutions, or on...