With the growing challenges couples face to buy property, in part due to houses becoming more and more expensive, more and more people are considering a joint mortgage. What is a Joint Mortgage? As the name indicates, it is a mortgage that you take out with another...
Since last week’s post, we’ve been contacted by people willing to know more about wage garnishment. We’ve decided to dedicate this post to the topic of garnishment in Canada when it comes to your wages. As we stated on the last post, wage garnishment is a...
Economies have stagnated as governments around the world implemented strict measures, including social distancing and work stoppages, to halt the spread of the contagion. Mounting debt and unemployment are exacerbating the threats to Canada’s economy and financial system, as the reduction of income is particularly...
The situation created by COVID-19 is rapidly changing and new information is being delivered on a daily basis. Amid all the changes happening at the social, medical and government levels, some news that had been introduced in the month of February have now changed or...
Our last post was about consumer proposals as an option to avoid bankruptcy. We all work really hard to avoid going bankrupt, but, in some instances, it might be the only possible way to deal with debt. Just like with anything else, the most important...
Now, here’s an important question to reflect on at the beginning of every year. Once we enter a new year, one of the first things we need to worry about is tax season. This is year, the deadline to make a contribution to your RRSP...
When you ask for a mortgage, you are really telling the lender you will make every payment on time and in full at each billing period, whether it is a monthly, semi-monthly, accelerated bi-weekly or weekly payment. If you don’t make these payments, there are...