Blog

Tax Free Home Savings Account

Tax Free Home Savings Account

Ask any homeowner about their first experience buying a home, and most of them are bound to sum it up in one word: “Stressful,” or “Complicated.” A bigger majority might even add another dreaded word: “Expensive.”

All those descriptors are true, especially in a housing market that has seen intense swings due to the pandemic. Across Canada, home prices are rising to unprecedented levels. The average price of a home …

Continue reading...

Gen Z and Millennials are Desperate for Financial Advice

Gen Z and Millennials are Desperate for Financial Advice

Financial advice is important at any age, particularly in your formative years. For Gen Zs and millennials, gaining financial clarity must start now.

Who are Millennials and Gen Zs?

Younger millennials are in their late twenties and early thirties, while the oldest members of Gen Z are 24. Far from being the carefree avocado-toast fans they once were portrayed as, the oldest millennials are on the cusp of turning forty …

Continue reading...

How To Use The Labour Shortage To Your Advantage

Labor Shortage

As many as 64 percent of Canadian businesses are struggling to find staff right now. That’s a big labour shortage and there are no indications things will change anytime soon.

To put it in perspective even further, there were 731,900 job vacancies by the second quarter of 2021. More than half a million jobs are open and available with no one to fill them – and businesses across Canada are …

Continue reading...

Joining an Investment Club

Joining an Investment Club


An investment club is a group of people who pool their money, often with the goal of making more money than they would see on their own.

Investment clubs are formed by people who usually know each other and then decide to pool their money together to manage it together.

Something tells us you had no idea such a club or idea even existed? No worries, we got you covered.

Continue reading...

Is Universal Basic Income Coming To Canada

Universal Basic Income in Canada

The concept of a universal basic income is anything but new. Enlightenment philosophers like Thomas Paine, social activists like Martin Luther King Jr., and historical figures like Napoleon have all advocated for some form of universal basic income. After all which is better? UBI or getting multiplepayday loans in London? Depends on your situation right?

Is universal basic income coming to Canada? It’s an idea that’s been off …

Continue reading...

Inflation is Raising Your Grocery Bill

Inflation is raising your grocery bill

Lockdowns are lifting and kids are back in classrooms, but the pandemic is far from over. Without a doubt, one of the biggest impacts of COVID-19 is the economic impact of the virus. Everyone has been financially impacted in some way, whether through unemployment, decreased income, or simply the fact that goods and services are harder to get.

Not only are goods and services limited, but they’re also significantly more …

Continue reading...

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, …

Continue reading...

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 …

Continue reading...

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 …

Continue reading...

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 …

Continue reading...