Eight times a year, the Bank of Canada will make an announcement on the key interest rate, and if projections are correct, we are going to see interest rates rise. You could be thinking, what does that mean, how will it affect me, what can I do?

Financial literacy is the key to educating youth to manage money effectively so that they can become financial stable, build assets, and achieve personal goals.

Every parent knows just how busy – dare I say hectic – family life can be.

After nearly a decade of historic lows, the Bank of Canada began increasing its key overnight interest rate in July 2017 in response to improving employment figures and a growing economy.

Regret is one of the most common refrains Licensed Insolvency Trustees hear when we talk to clients about their debt. They ask questions like, “how did I get into this mess?” Or, “why did I make that decision?”

The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.

If you want to leave a legacy when you pass away, defeat debt before you retire. Otherwise all you leave may be paperwork and memories.