Why You Need an Emergency Fund And How to Get One
Building an emergency fund is something most people know they should do but few actually get around to doing. A recent study found that nearly two-thirds of Americans did not have an emergency fund…
Strategies to Dig Yourself Out of the Debt Hole
Debt. It’s something almost everyone will have at some point in their life. But what happens when your debt begins to get the better of you? What options are available?
Should You Refinance Your Mortgage?
There are a multitude of reasons why a homeowner may be considering refinancing their mortgage. However, before any final decisions are made it is always a good idea to consider…
A Six-Step, Back to Basics Financial Plan for Most Every Canadian
It’s a tough time to know what the right financial move is at the moment. Interest rates are increasing, while stocks are in bearish territory. It’s easy to forget that there are smart things that you …
Bank Of Canada Rate Update June 7, 2023
The Bank of Canada today increased its target for the overnight rate to 4.75%, with the Bank Rate at 5% and the deposit rate at 4.75%. The Bank is also continuing its policy of quantitative tightening.