…credit report. In general, this must be done with your consent. This includes: banks, credit unions, and other financial institutions employers landlords credit card companies car leasing companies insurance companies…
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What are different ways to borrow money?
…the time but owe the card issuer the money. There are many types of credit cards and you must apply for them. The features offered and the interest rates you…
How to help your adult children build financial independence
…way. For example, sharing chores, financial contributions, or sharing common spaces. This ensures everyone has clarity around how they’ll contribute, and can prevent feelings of resentment. Have open and honest,…
How the First Home Savings Account (FHSA) works
…tied to income level No Yes No Account can hold savings or investments Yes Yes Yes Unused annual contributions carry forward to the next year Yes Yes Yes For first-time…
What is identity theft?
Identity theft is when someone uses your personal information to commit fraud. Find out how to spot it and how to protect yourself to avoid identity theft. On this page…
How inflation affects your investments
…companies’ sales and reduce profits. This could cause some companies to reduce the dividends they pay to shareholders. Or, if certain industries are hit harder by inflation and struggle to…
How trading apps may nudge your behaviour
…digital engagement practices? How can digital engagement practices influence your behaviour? Can digital engagement practices be helpful? How do you stay in control when facing digital engagement practices? What are…
The many faces of financial elder abuse
…neglect. Callers receive emotional support, safety planning, information and referrals in over 200 languages. Elder Abuse Prevention Ontario Provincial organization focussed on elder abuse prevention in the province that provides education,…
Planning for long-term care
…apply for long-term facility care. These facilities (also called nursing homes, municipal homes for the aged or charitable homes) are operated by the provincial government. While the province pays for…
Buying your first home
…pre-approval can be extended. Ask your mortgage professional about anything you don’t understand. Each lender sets their own guidelines and policies, so it’s important to make sure you understand the…