15 APR 2024 · Managing personal finances in Canada's current economic landscape is a discussion most households are having. With high levels of household debt, soaring inflation, and climbing interest rates, understanding and navigating personal finance has become crucial for individuals and families alike.

1 APR 2024 · Imaginez recevoir un appel avec le message, « Nous sommes l’Agence du revenu du Canada. Nous avons évalué votre déclaration de revenus que vous n’avez pas produite, et vous avez un solde important à payer ». Ce scénario semble-t-il trop familier ? C’est une situation dans laquelle se retrouvent souvent de nombreux Canadiens, souvent en raison d’un oubli ou d’une confusion concernant leurs obligations fiscales.

1 APR 2024 · Imagine receiving a call with the message, "This is the Canada Revenue Agency calling. We assessed your tax return that you didn’t file, and you have a significant balance owing." Does this scenario seem all too familiar? It's a situation many Canadians find themselves in, often due to oversight or confusion regarding tax obligations.

15 MAR 2024 · Owing the government money can be VERY intimidating. It’s a topic that resonates with many Canadians. How to deal with debt owed to the Canada Revenue Agency, especially given the CRA's broad powers to collect what's owed. We’ll dive into what those powers entail, how you can navigate the situation, and what options are available if you find yourself overwhelmed.

1 MAR 2024 · Each province in Canada has its unique statute of limitations governing how long a creditor has to take legal action against you for debt collection. Taking Alberta as an example, under the Limitations Act, a creditor has two key time frames to initiate legal proceedings: within two years from when they first became aware of the debt or ten years after the claim arose, depending on which period ends first.

1 MAR 2024 · Avoir une dette envers le gouvernement peut être TRÈS intimidant. C'est un sujet qui résonne avec bon nombre de Canadiens. Comment aborder les obligations envers l'Agence du revenu du Canada, surtout compte tenu des pouvoirs étendus de l'ARC pour recouvrer les sommes dues ? Nous allons analyser en détail les implications de ces pouvoirs, comment naviguer dans cette situation et quelles alternatives s'offrent à vous si vous vous sentez dépassé.

15 FEB 2024 · Canadians’ current debt perception has reached an all time low on MNPs Consumer Debt index. Conducted quarterly by Ipsos on behalf of MNP Limited, the Consumer Debt Index tracks Canadians’ attitudes about their debt and ability to meet their monthly payment obligations. And last month, the Index has dropped to 83 points.

1 FEB 2024 · Credit scores are important when it comes to financial institutions deciding if they'll lend you money or extend your credit. Think of your credit score as a financial reputation that follows you around, telling banks and lenders if you're good with money. Your credit score reflects your ability to meet certain financial requirements such as qualifying for or paying back a loan or getting better interest rates.

1 FEB 2024 · Les cotes de crédit sont importantes lorsque les institutions financières décident de vous prêter de l'argent ou de vous accorder un crédit. Considérez votre cote de crédit comme une réputation financière qui vous suit partout, indiquant aux banques et aux prêteurs si vous avez de bonnes relations avec l'argent. Votre cote de crédit reflète votre capacité à répondre à certaines exigences financières, telles que l'obtention ou le remboursement d'un prêt ou l'obtention de meilleurs taux d'intérêt.

15 JAN 2024 · The close link between mental and financial health is undeniable. Compromised mental health not only impacts personal well-being but also has significant economic implications. Similarly… financial stress can severely affect mental health.