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Rising Cost of Rent Affecting Canadians
It's no surprise that due to the rising cost of rent that Statistics Canada reports that nearly a quarter of Canadians spend more than 30% of their income on housing which is the guideline to affordability. This really taps in to a family’s ability to save since...
Tax Clinics are here to help this Tax Season
With Tax Clinics here to help, tax season doesn't have to be a daunting time of year. By keeping good records throughout the year, you can make tax season a lot less stressful. When it comes to preparing your tax return, it’s very easy to forget a detail or two. A...
Community Volunteer Income Tax Program
Through their Community Volunteer Income Tax Program (CVITP), Community Financial Counselling Services’ (CFCS) located in the Norquay Building in Winnipeg, is the largest single tax clinic site in Canada. The CVITP is a partnership between the Canada Revenue Agency...
Newcomers and Money 101
Moving to a new country can be highly stressful. That's why our member, Credit Canada, developed the Newcomers and Money 101 program. Newcomers and Money 101 takes into account that language and customs are often very different for newcomers to Canada. Methods for...
Interest Rate Rise Adding to Student Loan Stress
The rise in the Bank of Canada's interest rate will undoubtedly stress student pockets. Students today are paying 40% more in university tuition than they did 10 years ago. This means lots of students are graduating with significant debt. That debt combined with...
Take Control Of Your Finances
So…it's the final week of Financial Literacy Month with the focus “Take Control of Your Finances”. Arguably, this is the most important area of financial literacy, depending upon your perspective. To take control of your finances sounds easy enough to do; almost like...
Starting Good Habits Early – Great Money Managers
Making Informed Financial Decisions: 6 Tips
In a lot of aspects, our financial health of tomorrow is based on the financial decisions we make today. Making informed decisions is sometimes difficult but here are six suggestions for you to implement. 1. Weighing the pros and the cons is helpful. Try writing out a...