Amy Orr

Amy Orr is a professional writer and editor with over 10 years of experience in the Canadian, U.S. and U.K. financial markets. She has written for numerous publications on topics as diverse as economic literacy, corporate finance, and technical analysis of numerical data. Prior to transitioning to full-time writing, she worked in the hedge fund sector. Her academic background is astrophysics, and she has a Masters in Finance from the University of Edinburgh Business School.

Articles by Amy Orr

Car Loan Interest

Typical Vehicle Loan Interest Rates In Canada

What Canadian Car Buyers Can Expect to Pay in Interest And How to Get the Best Rate Thinking about buying a car and wondering what kind of interest rate you might get on a loan in Canada? You’re definitely not alone. It’s important to understand that your car loan interest rates can help you make…

IBV Loan

What Is An IBV loan In Canada?

How Inventory-Based Financing Helps Canadian Businesses Access Capital Without Sacrificing Equity If you’ve been exploring business financing options lately, you’ve likely come across the term “IBV loan” and wondered, “What exactly is that?” Don’t worry, you’re not alone. IBV stands for Inventory-Based Financing, and it’s a type of loan that’s designed for small businesses and…

Apply For Loan Online

How To Apply For A Loan Online

How To Get The Funds You Need Without Leaving Home Applying for a loan online has never been easier, but it can still feel a bit overwhelming if you’re not sure where to start. We live in a technology-driven world where applying for loans online may be easier than in person. The best part of…

What Is a Bank Code

What Is Your Bank Code?

Understanding the Numbers That Identify Your Financial Institution Have you ever been asked for your bank code and found yourself unsure what that actually means? Don’t worry, you’re not alone. Bank codes can seem like just another string of confusing numbers, but they play an important role in terms of how money moves between accounts…

Update SIN online

How To Update Your SIN Online

A Step-by-Step Guide to Updating Your Social Insurance Number Without Leaving Home If you’ve recently changed your name, your citizenship status, or noticed an error on your Social Insurance Number (SIN) record, you might be wondering how to get it all sorted, without having to stand in a long lineup at Service Canada. The good…

Digital Bank

What Is The Meaning Of A Digital Bank?

Exploring How Technology Is Redefining the Way We Bank Every Day Have you ever wondered what makes a bank “digital”? It’s a term that gets thrown around a lot, but what does it actually mean for you as a customer? In a world where we can order dinner, hail a ride, and stream movies with…

Online Bank Canada

Three Of The Best Online Banks In Canada

The Top Digital Banks That Offer No-Fee Accounts, Easy Mobile Access, And Serious Savings Banking in Canada has come a long way, and online banks are leading the charge. With no physical branches to maintain, digital-first institutions pass the savings on to you, meaning lower fees, better interest rates, and a smoother banking experience overall….

Best Chequing Accounts

Best Chequing Accounts In Canada

Compare the top chequing accounts in Canada to find the perfect fit for your everyday banking needs If you want to manage your chequing account much more effectively, having the right chequing account can make all the difference. But with so many banks and credit unions offering similar services, it can be hard to know…

credit builder loan canada

Best Credit Builder Loans In Canada

Rebuild and Strengthen Your Credit with These Top Canadian Credit Builder Loan Options If your credit score needs a boost, credit builder loans can be a great way to turn things around, and luckily, Canada has some solid options to choose from. These loans are designed specifically to help you build or rebuild credit, even…

Loans Canada

The Best Loan Companies In Canada

Discover the Top-Rated Lender Canadians Trust for Fast, Flexible, and Reliable Loans It is imperative to choose the right loan company when looking to borrow money. The right company can make all the difference, no matter what you need the funds for. With that being said, lenders like Fairstone, and Spring Financial are leading the…

Get a loan Canada

Four Of The Easiest Banks To Get A Loan in Canada

Looking for a hassle-free loan? These Canadian banks offer some of the easiest approval processes—no stress, no hoops to jump through. If you’ve ever applied for a loan, you know the process can feel overwhelming. Between credit checks, paperwork, and waiting for an answer, it’s easy to feel stuck, especially if your credit isn’t perfect….

Online Loan

Three Of The Best Online Loan Options In Canada

Compare top-rated online lenders in Canada to find the best loan for your needs. Looking for a quick, reliable way to borrow money online in Canada? You’re in the right place. Online loans are a flexible and fast solution, no matter what you need the funds for. But with so many lenders out there, how…

Dominoin Lender

What is Dominion Lending Centres? A Deep Dive into Canada’s Mortgage Giant

Looking for a mortgage in Canada can feel like navigating a snowy back road with no GPS and a car that only kind of starts. The choices between big banks, credit unions, and private lenders are endless but unclear. That’s where mortgage brokers come in, helping you cut through the noise and find a path…

Canada Lenders

Money Lenders in Canada: Choosing the Best One for Your Needs

You’re finally ready to start a home renovation, consolidate your debts, or launch the side hustle of your dreams. Still, your bank account says otherwise. Whether a planned expense or a financial curveball, we’ve all been there, and that’s where money lenders in Canada can step in.  This twist is that not all money lenders…

BMO Bank

List of Canadian Banks: A Handy Guide for Borrowers and Savers

Whether opening your first checking account, shopping for a mortgage, or looking to grow your savings, choosing the right financial institution in Canada is an essential step toward reaching your money goals. But with dozens of options, ranging from the Big Six banks to local credit unions and digital disruptors, where do you start?  This…

AISH Payment

AISH Payment Dates For 2025

Your Month-by-Month Guide to Alberta’s Assured Income for the Severely Handicapped (AISH) Payments If you or someone you know relies on Alberta’s Assured Income for the Severely Handicapped (AISH) program, staying on top of payment dates is a great way to budget your monthly expenses. AISH provides financial and health-related assistance to eligible Albertans with…

Minimum Wage

Is British Columbia’s Minimum Wage Changing In 2025? Here’s What You Need To Know

Is A Minimum Wage Hike Expected In 2025? British Columbia’s minimum wage has been increasing steadily over the past few years, and many workers and business owners are wondering if another change is coming in 2025. With the cost of living continuing to rise, minimum wage adjustments are important in terms of fair pay for…

Manitoba

The Current Minimum Wage In Manitoba (2025)

Everything You Need To Know About Manitoba’s Minimum Wage We are currently in a time of high inflation, which has proven that minimum wage is certainly not liveable. The good news? Manitoba is looking to increase the minimum wage to help combat the consequences of inflation much like other provinces. As of March 2025,  Manitoba’s…

Alberta Minimum Wage

Alberta’s Minimum Wage In 2025

So far in 2025, Alberta’s minimum wage remains at $15.00 per hour, a rate in place since 2018. For students under 18, a lower wage of $13.00 per hour applies for the first 28 hours per week during the school term, with regular rates applying beyond that limit. While some provinces adjust their minimum wage…

ODSP

ODSP Payment Dates For 2025

It’s important to keep track of payment dates throughout the year, especially if you’re on ODSP, which stands for the Ontario Disability Support Program. Essentially, ODSP is financial assistance for those who cannot work because of their disability. This way, you can stay on top of your expenses without falling behind.  In 2025, ODSP payments…

Take Home Pay

What Is Take-Home Pay? Understanding Your Real Income Before Taking Out a Loan

When you’re thinking about taking out a loan, it’s easy to focus on the big numbers, like how much you’re approved for, what the monthly payments will be, and how long it’ll take to pay it back. But before you commit to anything, there’s one number you need to get really clear on: your take-home pay….

Credit Memo

What Is a Credit Memo from CIBC? Understanding Unexpected Account Credits

If you’ve ever checked your CIBC bank account or credit card statement and noticed a transaction labeled “Credit Memo,” you might have wondered what it means. Understanding financial terms can be difficult, so let’s dig into the details. What is a credit memo from CIBC? The short answer is that a credit memo is a refund, adjustment, or correction…

RIT Payment

What Is Canada RIT? Understanding Your Refund and How It Affects Your Finances

If you’ve ever checked your bank account and noticed a deposit labeled Canada RIT, you might have wondered what it is. The short answer? Canada RIT (Refund Income Tax) is a direct deposit from the Canada Revenue Agency (CRA), and it means you’re getting a tax refund.  However, there’s more to it than just free money showing…

SIN

What Is a SIN Number in Canada? Why It Matters for Your Finances and Loans

If you live or work in Canada, your Social Insurance Number (SIN) is one of the most important pieces of identification you have. It’s more than just a random set of digits; it’s the key to accessing government benefits, paying taxes, and even applying for loans. But what exactly is a SIN, and why does it matter…

Credit Cards

How to Cancel a CIBC Credit Card: A Step-by-Step Guide

Whether you’re switching to a better rewards program, reducing your credit cards, or just closing an account you no longer need, canceling a CIBC credit card is a straightforward process. However, there are a few things you should know before you do it.  Canceling a credit card the right way can help protect your credit score and…