Blog

April 25, 2018

Tax season is upon us once again and you’re probably not alone if you’re dreaming up ways to spend your tax refund. According to the folks at CRA, last year’s refund averaged $1,765, which is pr...

March 27, 2018

There’s good debt and bad debt…and then there are payday loans. These short-term lending products can charge annual interest rates of 546 per cent (or more), and can leave borrowers trapped in a v...

March 21, 2018

Canadian consumer debt grew to 1.821-trillion dollars at the end of 2017, according to Equifax Canada. This is up from $1.797-trillion, and includes mortgage debt. The average Canadian debt load also ...

March 13, 2018

Many kids today don’t want to be movie stars—they want to be YouTube stars. But most never get that far. While the biggest “influencers” on social media can make thousands of dollars for a spo...

March 6, 2018

Some Canadians might still be digging out of a big snowstorm from last week. Hopefully, we won’t see much more snow in March—but when it comes to debt and savings in retirement, the forecast could...

February 28, 2018

We often talk about good debt and bad debt. A good debt is something that can add value to your life, like taking out a mortgage to buy a home, or a student loan to get a degree. On the other hand, ba...

February 21, 2018

Our recent Debt Confessions survey found that many Canadians are hiding financial secrets from their partners—and those with a lot of debt are more likely to be hiding something. Their secrets range...

February 14, 2018

By now, you might be used to seeing headlines about millennials “destroying” things. Whether it’s beer, diamonds or bar soap, people born in the 80s and 90s could probably do without them. But o...

February 6, 2018

A new BDO poll found that 59 per cent of Canadians in a relationship would like to change at least one of their partner’s financial habits. Whether overspending, not saving or just not keeping track...