How Many Dimes Are In A Roll?
A Brief Guide To How Many Dimes You Can Get Into A Single Roll If you’ve ever wondered about the specifics of rolling dimes, you’re not alone. Dimes are the smallest of all the Canadian coins and they’re worth $0.10. Counting them is very simple, especially when they are rolled. For dimes, each roll contains…
Canada PRO Deposit Dates For 2025
Your Complete Guide to Canada PRO Deposit Dates for 2025 If you’re here, you may be wondering what Canada PRO payments are. Well, they are payments issued for programs such as the Ontario Trillium Benefit (OTB) and the Alberta Child and Family Benefit (ACFB). These deposits are there to provide essential financial support to help…
How To Receive Student Loan Forgiveness In Canada
Everything You Need To Know About Student Loan Forgiveness In Canada Student loan forgiveness is a fantastic tool that is meant to relieve the struggles of students and provide a chance to reset their financial future. A lot of Canada’s loan forgiveness programs are targeted at specific professions, such as healthcare workers, teachers, and those…
The Key Differences Between Bank Drafts Vs Certified Cheques
Understanding the Key Differences Between Bank Drafts and Certified Cheques Believe it or not, there is a difference between bank drafts and certified cheques. They’re both popular options, often used for large transactions or when a guarantee of funds is required. While they serve similar purposes, the two have some key differences. If you need…
How Many Nickels Are In A Roll?
A Brief Guide To How Many Nickels You Can Get Into A Single Roll Have you ever wondered how many nickels are in a roll? It might seem like such a small detail, but it’s surprisingly handy to know; especially if you’re organizing loose change, prepping for a trip to the bank, or managing your…
A Credit Score Break Down: What Your Credit Score Really Means
A Break Down Of Your Credit Score And What It Means In Canada Your credit score range in Canada is critical to your financial life, yet many people don’t fully understand what it represents. Essentially, a credit score is a three-digit number, typically ranging from 300 to 900, that reflects your creditworthiness. Lenders, landlords, and…
How Many Quarters Are In A Roll?
A Simple Guide To Rolling Your Quarters If you’ve ever wondered how many quarters are in a roll, you’re not alone. When counting quarters, sorting them into rolls is essential for quicker counting and easy storage. In Canada, a roll of quarters contains 40 coins, usually totaling $10 in value. Rolls are a convenient way…
How Many Working Days Are There In Canada Per Year?
A Guide To Canada’s Working Days, Per Province Canada is a country with a diverse range of holidays and the amount of working days in a year is directly reflected by the province you live in. There are a total of 365 days each year but most Canadians only work around 250 of them on…
Canada Mortgage Market Trends: Rate Expectations, Variable Makes a Comeback, and RIP First-Time Homebuyers Incentive
Discover the latest trends shaping Canada’s mortgage market in this insightful article. Explore the significant rate declines and the resurgence of variable-rate mortgages, driven by anticipated Bank of Canada rate cuts. Bid farewell to the First-Time Homebuyers Incentive (FTHBI) and embrace the tax-friendly benefits of the First Home Savings Account (FHSA), designed to empower aspiring homeowners. Stay informed, make strategic decisions, and navigate the path to homeownership effectively with these invaluable insights.
How to Get an Installment Loan with Bad Credit
Discover the accessibility of installment loans for individuals with bad credit. AimFinance provides quick access to funds, often within one business day. As an alternative for those ineligible for personal loans, installment loans offer manageable payments and swift approvals.
Considering Breaking Your Mortgage? Keep These Things in Mind
Breaking a mortgage involves altering the terms of your mortgage contract or not fulfilling the entire term. Common reasons for doing so include falling interest rates, changing financial circumstances, or the need to sell your home. Mortgages can be open or closed, with open mortgages allowing penalty-free contract changes but usually having higher rates. Closed mortgages involve fees for breaking the contract, and it’s essential to evaluate potential savings from lower interest rates against associated costs, which differ based on whether you stick with your current lender or switch to a new one.
What is an Installment Loan?
An installment loan is a type of loan where you borrow a fixed amount of money and repay it, along with interest, over a specified period. The interest rate is determined based on your creditworthiness. Installment loans provide predictability with fixed monthly payments until the loan is fully repaid. These loans can be secured, with collateral like a car, or unsecured, relying on your creditworthiness. Borrowers are advised to borrow only what they need, calculate affordability, and compare loan terms to make informed borrowing decisions.
How Credit Scores Affect Installment Loans
Installment loans are closely tied to credit scores. Your credit score will determine your options when it comes to borrowing money, and borrowing money will also impact your actual credit score based on how you handle the loan and its terms.
Fixed or Variable? What to Consider as Your Mortgage Comes Up for Renewal
When deciding between fixed or variable mortgages upon renewal, Canadians facing this decision should consider two key factors: the outlook for interest rates and their own risk tolerance. Historically, variable rates were favorable during low-rate periods, but with current economic uncertainties, locking in a fixed rate could provide stability and predictability in monthly payments. However, the path of short-term interest rates suggests that variable rates may see a decline in the coming months, making them an attractive choice for those who can tolerate some uncertainty. Ultimately, the decision should be based on individual financial circumstances and the willingness to embrace potential rate fluctuations.
Is There a Minimum Credit Score for Renting an Apartment in Canada in 2022?
Most landlords and rental companies check the credit scores of potential tenants as part of their application process. But is there a minimum credit score requirement for renting an apartment in Canada? Here’s what you need to know about credit scores and renting in 2022.
Foreign Exchange Fees in Canada
If you are ready to learn more about these exchange fees, then read on to find out even more. You can benefit from knowing these fees, but also be able to stay away from anywhere that the fees might be higher than you’d like to play.
Mortgage vs. HELOC: When Each One is Best
Are you trying to decide whether a mortgage or HELOC is best for your property? Here are some things to consider.
Canada Savings Bonds Explained
Savings bonds are a popular choice to go with for those who want to gift someone with a financial gain that grows with time. For decades this used to be one of the easiest ways to grow some of your cash and cash out later when it matures. However, since 2017; savings bonds have really died down. Find out even more about these Canada Savings Bonds, what they are, why they are now gone, and how you might be able to cash yours in if you’re still holding onto them.
Personal Loan Rates to Expect in Canada 2022
With many types of personal loans and lenders, you can choose which ones work the best for you based on the specifics they’re offering. Consider how much you need to borrow, what the lenders are offering, and whether you qualify for the loans through the lenders depending on their requirements. Learn more about the rates to expect for these personal loans in Canada.
A Mortgage Gift Letter: When Do You Need One?
One way to keep the financing low in Canada is to use a mortgage gift letter to buy a home. To make full use of the letter, you need to follow some basic rules to proceed with financing.
QuickBooks – Accounting Software for Small Business
As a small business owner, keeping track of your finances effectively can mean the difference between success and failure. QuickBooks is one of the best, most comprehensive accounting software programs available on the market. The intuitive design of QuickBooks is well suited to both small businesses and growing businesses alike.
Wealthsimple – Investment Solutions for Everyone
Wealthsimple provides customers with intelligent, easy ways to invest, without charging high fees or requiring account minimums like most investment management companies do. Cutting edge technologies and diversified portfolios facilitate the best possible returns on investment. Everything about Wealthsimple is clear and straightforward; a core value of the business is gaining trust through transparency.
Questrade – Investing Made Easy
Opened in 1999, Questrade is still one of Canada’s fastest growing brokerages with the reputation for being the best discount brokerage in the country. With Questrade you can utilize a wide array of different accounts such as RRSPs, TFSAs, RESPs or Cash accounts.
Foxquilt – Smarter Business Insurance
Finding the right business insurance can be a challenge. At Foxquilt, a leading Insurance Technology Company, insurance is a service, and as such, they are committed to the needs of each and every client. Foxquilt’s team of insurance experts works to get you the right insurance for your business at a better price. Not only can the professionals at Foxquilt help you find the insurance you need for your business, they can also assist with your home and auto insurance as well.
Zensurance – Insurance for your small business
Every business owner should have business insurance. Zensurance is an online insurance brokerage determined to help small business owners find the right insurance for them, including general liability insurance, errors and omissions insurance and commercial property insurance.