Canadians are receiving a deluge of calls from fake Canada Revenue Agency collectors, warning that police would show up to arrest then after an audit showed they had a whopping tax bill to pay. The scam, which has circulated since January 2014, involves not just fraud but harassment. “You feel very threatened and […]
Toronto Personal Finance Posts
Don’t Ruin Your Chance to Buy a Home with Holiday Spending
If a new home purchase is in your future, or you’re currently under contract to purchase a new home soon, please read this! ‘Tis the season to spend, spend, spend. It’s hard sometimes not to get overwhelmed with the Holiday gift giving spirit. Shoppers around the country say they are planning to spend an […]
How bonds help cut your risk
It’s been a rocky year for Canadian stocks in 2015. As of the close of trading on Nov. 16, 2015, the S&P/TSX Composite Index was down 9 per cent for the year, due in large part to a plunge of more than 17 per cent in the energy sector. It would take a huge, […]
Home Warranty vs. Home Insurance – Do You Really Need Both?
Whether you’re a current homeowner or prospective first-time buyer, you’re likely familiar with home insurance. You may have also heard the term home warranty. Many homeowners, new and current, confuse the two and think they are the same. In reality, a homeowners insurance policy and a home warranty are very different. Insurance is required, […]
Inheritances are about love, money and greed
Mark Goodfield has seen a lot interesting behaviour at the point where family dynamics and inheritances intersect over his 25 year accounting career that has often involved advice on wills and estate planning. Some of it is loving and kind, some of it . . . well, not so much. Goodfield started The Blunt […]