Topic: Financial Planning
Report: Government and banks looking to cut consumer debts
By: The Super BrokerExtract: Government officials are now meeting with Bay Street banks to try and come up with new ways to drive down persistent high levels of consumer debt.
Homeownership pays off in retirement
By: The Super BrokerNew data from the Canada Mortgage and Housing Corporation finds that apartment vacancies have fallen across the country’s 35 major cities, causing rents to rise, and perhaps making low Canadian mortgage rates more attractive to potential buyers.
Survey: Women control household finances
By: The Super BrokerA new survey finds that the vast majority of women say that in the end, they have control of family finances instead of men.
Low interest rates, debt causing retirement struggles
By: The Super BrokerWhile low Canadian interest rates have been helpful for those looking to buy a home, the Globe and Mail reports that they are also making it difficult for those getting ready to retire.
The RESP Savings Calculator
By: Elias KellendonkA RESP is a prime method for Canadian parents or guardians to put away education savings dollars for their children or beneficiaries and watch them grow tax-free.
Remembering RRSP Contribution During the Holidays
By: Elias KellendonkThe final date by which you can contribute to your RRSP for the 2010 tax year is March 1, 2011.
Including Segregated Funds in Your RRSP Portfolio
By: Elias KellendonkRRSP funds can be attributed to, or to a combination of, mutual funds, guaranteed investment certificates, bonds, stocks, deposit accounts or segregated funds.
Purchasing Homes for Sale by Owner in Canada
By: Elias KellendonkHouses for sale by owner are still governed by the same laws as houses for sale in Canada that are represented by a real estate agent.
Online Course Aids Canadians in ‘Realizing the Dream of Home Ownership’
By: Elias KellendonkThe Home Ownership course is free, and the payoff of the advice it lends could be exponential.
New Canadians Know More about Saving, Less about Fraud
By: Elias KellendonkWhile new Canadians are more likely to be victims of fraud, their knowledge of credit and saving skills are more extensive than the general population’s.