Blog

October 23, 2020

What does affordability mean to you? Has getting out of debt become a struggle? For most of us, at this point in time, the answers to these questions will depend on how our financial situation has bee...

October 21, 2020

Single parent debt is often a story about the long-term effects of relying on credit to get by. Debt accumulates gradually, the result of a mountain of financial responsibilities that weigh on a singl...

October 19, 2020

Now that the Canadian Emergency Response Benefit (CERB) has officially ended, the federal government has made new announcements that will ease the transition to Employment Insurance (EI). Mil...

October 16, 2020

Feeling guilty about debt can be a real struggle. It can be especially harmful to our older generation. As more and more seniors are carrying debt into retirement, it can have a serious effect on thei...

October 14, 2020

For many Canadians, the COVID-19 financial crisis is pushing them further into financial difficulty. Millions have lost their jobs and are struggling to return to work. But their burden is not only fi...

October 7, 2020

Debt is a fact of life for many Canadians. You may have a mortgage, an outstanding credit card balance or two, a vehicle loan, student debt or a line of credit. Even if your debt load more than one of...

October 1, 2020

Have you ever heard about a consumer proposal and wondered how it differs from bankruptcy? What are they and how do they work? Whether it’s a consumer proposal or bankruptcy, both are strategi...

September 23, 2020

Can you inherit debt from your parents? It depends. If your parent’s estate is indebted, you are under no obligation to accept your parent’s debt. You can simply refuse the inheritance. However, a...

September 16, 2020

BDO Financial Wellness Podcast: Moving on after CERB There’s no denying that the coronavirus pandemic has affected Canadians’ financial lives over the last few months in ways they could not have a...