Learning Center

What Does It Cost to Raise a Child in Canada?

The cost of parenting is expensive. While Canadians can take advantage of parental incentives, such as maternity leave and parental leave, they also get a shock when they start spending money on formula, diapers, baby gear, and accessories. Moreover, the costs climb over time, with the major expenses assumed when a child is 15 to 17 years old. The following information will give you more details about the costs assumed by Canadians who raise children in Canada.

Canadian Auto Loan Rates Expected in 2022

Investing in a vehicle is a great thing to do, and if you can get a low interest rate on the vehicle; you’ll be in a better position because of it. Learning more about the available interest rates, as well as types of vehicle loans is going to help you make a more informed decision on where to obtain the financing from and what to look out for. Learn more about the interest rates of vehicle loans and what to expect in the coming year 2022.

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.

Where Does My Credit Score Need to Be for a Personal Loan?

We’ve compiled all of the information you need to find out if you qualify for a personal loan based on the credit profile that you have. Not just that, but you can learn more about the other requirements you might have to meet in order to qualify for the personal loan that you’re looking to obtain.

How to Get Money from the Canadian Government

While getting free money sounds a bit scammy, the money from the Canadian government takes away the stigma. Both federal and provincial governments offer cash incentives, whether you need money for education or for upgrading the energy efficiency in your home. Unclaimed money also awaits taxpayers who do not know they have the funds available. You just need to know where to look. Here are some of the top ways you can receive government money.

Canada Small Business Financing Loans vs. Merchant Cash Advances

In this post, we’ll compare Canada Small Business Financing Loans (CSBFLs) to merchant cash advances (MCAs) to help you understand the differences between these two popular but very different funding options.

Reverse Mortgages: A Post-Retirement Option to Access Your Wealth

Reverse mortgages are becoming a more popular option for older Canadians looking to preserve their purchasing power or bulk up their retirement savings in a red-hot Canadian real estate market — without leaving their home.

Banking: How to e-Transfer Safely and avoid fraud

Having the option of an e-transfer is becoming more and more common in many financial institutions throughout Canada. Learn more about staying safe and protecting against fraud when using this e-transfer function.

The Many Uses of a Personal Loan in Canada

Personal loans are ideal for a number of reasons, and we’ve gathered some information on them here. Read on to learn more about these loans and why they’d be a great addition for any financial needs you have.

What is my RRSP deduction limit?

RRSP’s allow you to have more money for retirement and pay less money on taxes for the amount. The amount you send to the RRSP can be deducted from your taxable income each year and the amounts are not taxed until you withdraw the money. Learn more about the deduction limits to make the wisest decisions on how to use your own Savings Plans.