Consumer spending continues to take a hit from the pandemic shutdown as the average non-mortgage debt fell in the first quarter for the first time in more than a decade. Read More
Toronto Police Service (TPS) has laid more than 50 charges against 11 people, including a police officer, for fraud involving tow-truck companies. Read More
The recent announcement by China’s largest automotive-battery maker that it is ready to manufacture batteries capable of powering a vehicle for 1.2 million miles (two million kilometres) over a 16-year lifespan could give an added impetus to the growth of electric vehicles (EVs). Read More
Keeping up with credit card bills will remain a key priority for many Canadians as the economy continues to reel from the financial ramifications of the pandemic and the months-long lockdown. Read More
Credit Cards
Cancelling trips during Covid-19: What credit card insurance does — and does not — cover
Air travel has practically come to a halt as the Covid-19 pandemic continues to paralyze the global economy and the tourism industry alike. Read More
Canadian banks have cut credit card interest rates to ease the financial toll that Covid-19 is taking on people and businesses. Read More
Insurance companies have offered various relief measures to consumers as the pandemic-triggered, work-from-home arrangement continues to put a lid on the volume of traffic on roads. Read More
With the rising incidence of severe weather events brought about by climate change, Canada is likely to see more springs floods that can exact a heavy financial toll on people and businesses alike. Read More
Although private mortgage lenders will almost certainly have higher rates than the major banks, borrowers can expect some variance. In this piece we’ll explore how private mortgage lender rates are determined and how you can score a better rate! Read More
Losing your job before your renewal can be stressful, but in most cases you will have options available to you. If you’ve recently become unemployed and aren’t sure of how it will impact your mortgage renewal, this article will be a helpful resource for you. Read More
