…large purchases or occasional expenses on a credit card. But unless you pay off your credit card right away, your debt will grow each month. 2. It takes away money…
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An FAQ from OSC in the Community
…scammers get your phone number? There are different methods scammers use to find phone numbers. They buy stolen lists, use public lists, scour social media or social engineer their way…
How market indexes can help you build your strategy
…index is and how index funds work. On this page you’ll find What is an index? How do index funds work? What is passive investing? What is active investing? Can…
What are the different types of exchange-traded funds (ETFs)?
…you’re adding to your investment portfolio. Read the fund’s prospectus and ETF Facts carefully to better understand how the product works and its risks. Consider your risk tolerance and investment…
What is DIY investing and how does it work?
…DIY approach. Others may use a mix of DIY investing tactics and also use a financial advisor to manage some parts of their portfolio. DIY investing is not limited to…
How overconfidence bias may affect your financial decisions
…the most common behavioural biases. There are many examples of where you might notice it, including: Projects – Whether it be in school, at work, or around the house, people…
Kids and money: making sure the message hits home
…ability to grasp certain financial concepts will depend partly on their age. Use these learning stages to guide your approach. 3. Find and use key teaching opportunities Share information when…
Critical illness insurance basics
…your inability to return to work. Use the money for any purpose – The payment is made in a tax-free lump sum, and you can use the money any way…
Resources for Investors
…support to seniors who are being abused or are at risk of elder abuse. Services available in 200 languages. Elder Abuse Prevention Ontario Provincial organization focused on elder abuse prevention…
Investors and tax
…year. 4. Calculate the tax on that grossed-up amount. 5. Claim a federal dividend tax credit of approximately 15% of the grossed-up dividends. 6. Claim a provincial tax credit based…