By: Gary Parkinson on November 17, 2012

Canada is gearing up for Financial Planning Week, starting November 19th.  The awareness campaign is intended to help Canadians, particularly young adults, manage their finances in a positive way.  Al Nagy, Regional Director of Edmonton’s Investors Group Financial Services, says it is important to teach young Canadians to approach their finances responsibly. This year’s initiative is intended to help youngsters grasp key personal finance concepts like smart budgeting and establishing and maintaining good credit.

By: Daniel Rattanamahattana on November 14, 2012

Canadian homebuyers often focus on the wrong things, according to the country’s favourite handyman, Mike Holmes.  His advice for saving money on a home is to start repairs on the outside and work your way in.  Holmes believes that a home should first be considered an investment, and advises fellow Canadians to approach their real estate purchases with the same mindset.  While taking the handyman’s advice may cost an extra few thousand dollars upfront, it could also save buyers tens of thousands in home repairs over the long term.

By: Gary Parkinson on November 13, 2012

Canadians are preparing to spend a little more this holiday season, and many will use the internet to do it.  A survey commissioned by Deloitte, one of Canada’s leading professional services firms, indicates Canadians will spend 1 to 2 percent more than they did last year.  In addition, almost 60 percent of respondents said they will be using the internet to search for the best prices and promotions.

By: Cliff Ritter on November 12, 2012

Canadians continue to have an appetite for borrowing money.  Record low interest rates have fuelled demand amongst Canadian consumers to borrow money for big ticket purchases.  Unfortunately, as the demand for borrowing has continued to rise, understanding what borrowing truly means for you and your credit has not appreciated with that demand.   The fine print of a loan often goes unread, and many Canadians struggle to understand what they have truly gotten into.

By: Justin Leung on November 11, 2012

This year marks the 25th anniversary of the initial launch of Project Red Ribbon.  It is a campaign developed by MADD Canada in partnership with the All State Insurance Company of Canada to promote sober driving during the holidays.  The campaign is underway, having begun on November 1, and runs until the first Monday of 2013.

By: Daniel Rattanamahattana on November 10, 2012

Keep an eye on your cards.  That is the warning issued by Toronto police as an investigation into debit and credit card fraud has expanded beyond its original magnitude.  In October five men were arrested on charges of a TTC Metropass scam that involved using forged debit cards to purchase monthly passes.  However, police have now uncovered links between this group and a Canadian wide criminal organization that forges credit card information, and commits credit card fraud.


By: Gary Parkinson on November 9, 2012

Rewards Canada recently completed its second annual Canada’s Top Travel Rewards Credit Card rankings.  Rewards Canada released this year’s candidate finalists in June, and voting took place between September and October.  This year’s event drew over 3,300 voters into the polls, which is a remarkable improvement over the approximately 750 people who voted last year.  However, just like last year, American Express Canada was voted as the favourite card for Canadians to collect and use travel rewards points.

By: Gary Parkinson on November 8, 2012

The cold weather has arrived, and Canadians are planning their getaways to warmer destinations.  Tens of thousands of Canadians make these trips every year, but not all will stay within their budget.  A vacation that costs you less is still as enjoyable as an extravagant trip, provided you know how to cut common costly travel habits.