Bank of Canada

As you know, your variable rate mortgage, line of credit and/or student loans are all based on the Prime Rate and here is your personal update from me on the recent Bank of Canada announcement on changes to their Overnight Rate which in most cases impacts your Prime Rate. At…

Paying Off CRA Debt

It is not unusual after income tax time to owe Canada Revenue Agency (CRA Debt) a tax balance especially, if you haven’t filed your taxes in a few years. Like any other unexpected expense, you have to work harder to try and find ways to eliminate this debt. You may…

Imagine being debt free?

What would your life be like if you weren’t dragged down by minimum payments? You can’t reach your goal if you don’t get started, so get started with these tips for paying off all your debts. Before getting started, you need to first know exactly what you owe. Start with…