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Living with Covid-19 and your Finances

Living with Covid-19 and your Finances

Covid-19 and your Finances Two types of emergencies exist that can impact your financial situation. The first type of emergency is when you suddenly have to pay a large unexpected expense (i.e. car repair). The second type of crisis is when your income is unexpectedly...
Laid Off Or Out-Of-Work Due to COVID-19? Financial Options for Staying Afloat

Laid Off Or Out-Of-Work Due to COVID-19? Financial Options for Staying Afloat

These past couple weeks have been enormously difficult for many Canadians due to the outbreak of the novel coronavirus, COVID-19, and subsequent measures to “flatten the curve.” While these undertakings are aimed to keep the public safe and reduce infection risk,...
Bank of Canada Interest Rate Staying the Same for January 2020: Here’s How to Save Money From It

Bank of Canada Interest Rate Staying the Same for January 2020: Here’s How to Save Money From It

The Bank of Canada (BOC) interest rate is staying the same for January 2020. It’s the 10th time in a row this has happened — the interest rate has stayed at 1.75% since October of 2018. But the January 2020 BOC announcement pointed to an interesting trend – Canadians...