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Would you: Walk into a store, fill your pockets with merchandise, then walk out without paying? Gas up your car at a service station, then peel rubber without paying? Endorse a cheque payable to someone else then cash it? When filling out a mortgage application...

'Sell to them or you will lose your job': Call centre employees for big banks reveal upsell pressures. Employees say customer calls for help used as opportunities to load them up with more debt. By Erica Johnson CBC News A recent article by Erica Johnson of CBC News...

Pre-planning your own or your loved one’s funeral arrangements is something that is sometimes difficult to think about. But it is something that simply should be done. No one wants to think about their own or their loved ones’ death any sooner than they must, but...

Recently we discovered an article published by The Globe and Mail, ‘Seniors taking out mortgages – is it ever a good idea? By Diane Jermyn. The article follows a senior couple who are considering accessing funds locked up in their home equity by taking out a...

The importance of Remembrance Day – “Lest We Forget” “In Flanders fields the poppies blow Between the crosses, row on row, That mark our place: and in the sky The larks still bravely singing fly Scarce heard amid the guns below.” The immortal words of Lieutenant...

In response to concerns that some markets in Canada are ‘overheated’ and that Canadian debt levels continue to increase, Ottawa has announced new rules. These changes are meant to alleviate risk in Canada’s housing market but may have a significant impact on the...

The loss of a loved one. Difficult times require sensitivity and understanding. Losing a loved one is the most traumatic and emotional time in anyone's life. Life goes on, There will be strong emotions, intermittent fatigue, while still having to cope with daily life...

As a mortgage broker dealing regularly with clients having ‘Bruised’ or ‘Challenged’ credit (or any of the other euphemisms used to describe it!), I am constantly amazed at the lack of knowledge of some generations about this important financial measure. There is a...

With the house-buying season now in full swing, some older parents are embracing the concept of ‘giving with warm hands’. During a recent Global Morning Show, a discussion centred upon parents helping children to acquire a home, in this difficult market. With prices...

One of the main problems facing the small entrepreneur today is funding. The big banks dislike risk and usually insist on a minimum of 3 for 1 equity ratio to guarantee a loan. Meaning you need to have at least $3 in security for every $1 you borrow. Usually as an...