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Pros and Cons of a National Minimum Wage

Minimum wage in Canada

For most of us, the concept of a minimum wage is a given – after all, we’ve never known a world without it! The first minimum wage rate in Canada was established in Manitoba and British Columbia in 1918, with Ontario, Quebec, Nova Scotia, and Saskatchewan following two years later.

It’s a way of making sure that workers are protected from being exploited by the companies they work for, …

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The Cost of the 2021 Canadian Elections

Cost of 2021 Canadian Elections

Election season comes with a high price tag. From sponsorships to campaign trails, there is no shortage of costs to prime minister candidates. But the federal government has their own costs to consider, too. Which no cash loans can solve, unfortunately.

The government needs to set up election sites, voting booths, print mail-in ballots, and make sure that there’s enough advertising to direct citizens to polling places. Beyond that, they’ll …

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The Rise of Cashless Transactions

Rise of the Cashless Transactions

When was the last time that you used cash to buy something? If you’re among the 42 percent of Canadians who prefer to use contactless payments instead, you probably haven’t used cash in quite some time.

Canadians are increasingly shifting toward cashless payments, reaching for debit or credit cards instead of bills. It’s a shift that has been steadily progressing over the past decade. In 2017, a survey from Bank …

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Travel Deals During Covid-19

Travel deals during Covid-19

Covid 19 caused widespread cancellations of vacations, weekend getaways, flights, and cruises. After Canadians were forced to put travel plans on hold during 2020 and much of 2021, it’s not surprising that as vaccine rollouts continue, many are looking forward to resuming their travel plans.

Although Covid 19 is far from over – and not all travel plans can be salvaged – it’s hard to deny that the stress of …

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Borrowing Money To Buy A Business

Borrowing Money To Buy A Business

Becoming an entrepreneur isn’t always about starting your own business from scratch. Many entrepreneurs get their start by buying a business that’s already in place! It’s a great way to eliminate much of the stress, time, and financial capital it takes to build one from the ground up.

But buying a business is anything but cheap. It takes thousands of dollars to buy a business (sometimes even more), which might …

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Summer Savings Can Really Add Up

Summer savings can really add up

The struggle is real when it comes to saving money during the warmer months. Whether you’re a parent, a student, a business owner, or anything in between, saving money can be particularly difficult in the summer. Kids are back at home, college classes are out of session, and the summer is prime vacation season.

And let’s not forget that longer days and warmer temperatures are often enough …

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Shrinkflation is Real

Shrinkflation is Real

How often do you pay attention to the quantities or weights of your grocery staples? When’s the last time you checked the packaging to see how many ounces you’re actually getting? Over time, as inflation occurs, you may be getting less and less due to shrinkflation.

If you’re not in the habit of reading the packaging, now’s the time to start. Shrinkflation is on the rise, and you could be …

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Starting A Side Hustle

Starting a side hustle

The gig economy is booming in Canada. As much as 40 percent of millennials have a side hustle! There’s no doubt that having a job on the side can be an incredibly lucrative way to earn some extra cash. Some people are getting payday loans in Lacombe, AB and paying them right away too.

Best of all, starting a side hustle doesn’t always mean investing thousands of dollars! There …

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How To Pick The Right Bank Account

How to pick the right bank account

When was the last time that you’ve opened up a new bank account? Whether it’s your first time or if you’re ready for a change, choosing the right bank account is crucial. Having the right bank account can set you up for success in meeting your financial goals – and the wrong account can easily send you backwards. Whether you live in Hamilton or some other place, a proper bank …

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The Pandemic's Impact on Housing

Pandemic's Impact on Housing

Buying a home is an incredible financial milestone irrespective of the kind of home you purchase. Whether it’s a condo, townhome, a detached home, or even signing the lease on a new apartment, we all need a place to hang our hat at the end of the day.

For first-time homebuyers, this is an even more notable feat. In light of the global pandemic and the economic constraints, purchasing a …

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