There are many reasons why someone might be struggling financially. Job loss, health challenges, or a sudden financial emergency could cause hardship, preventing someone from staying afloat. In times like…
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Other types of funds
…meet their investment objectives. For example, funds can borrow cash or short-sell securities or use derivative transactions. Use of leverage can increase the riskiness of the investment. Ask your financial…
Where to go if you have a concern or complaint
…advisors Insurance Mortgage brokers Consumer protection laws (door-to-door sales; home renovations…) Credit cards Ombudsman for Banking Services and Investments (OBSI) x x Ontario Securities Commission (OSC) …
How does compound interest help your money grow?
…the interest rate will be. To see how your money grows with compound interest for longer than 4 years, use compound interest calculator. How does compounding work for guaranteed investments?…
How to budget on a fluctuating income
…for people who do seasonal work, are self-employed, or who work in the gig economy. Others may have a combination of predictable and fluctuating incomes. This might involve working a…
Parents and tax
…Credit. Learn more by reading below. On this page you’ll find Canada Child Benefit (CCB) Child care expenses deduction Adoption Expense Tax Credit Saving for your child’s education in an…
How to manage financial stress and avoid burnout
…decisions about money to cope with stress, you might be putting your long-term financial health at risk. Financial stress can also cause burnout. If you’re having trouble sleeping because of…
Get your finances vacation ready
…lost property, you can sleep better knowing you’ve got funds to pay for it. Some credit cards also provide coverage for lost luggage, so it may help to check the…
Creating a plan to reach your goals
…tools to help you explore your options Pay off credit cards and debt calculator Pay down debt or invest calculator RRSP savings calculator Take action Use this calculator to figure…
How are your investments taxed?
…that grossed-up amount based on your tax rate. 5. Claim a federal dividend tax credit of approximately 15% of the grossed-up dividends. 6. Claim a provincial tax credit based on where you live. Learn…