Blog Archives

7 Tips to Avoid Holiday Debt

Christmas Debt

The Christmas holiday season is upon us again. For many, the holiday debt from last year’s shopping has only just been repaid, if at all. We have seen the madness on the media of ordinary folk who have temporarily been transformed into frenzied shoppers, battling each other for that great deal. I would suggest that all this does not represent the true meaning and spirit of the season, but that is a topic for another day.

I would like to share 7 tips which may assist you in avoiding or at least reducing your holiday debt:


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Renting Your Basement – 6 Reasons You Should and 6 Factors to Consider

Renting a basement

Whether you are a new homeowner who has just joined the ranks of home ownership, or a baby boomer with many years in your current home, chances are that you have unused space in your home. And chances are that you could use some extra cash. This article provides renting advice for renting your basement.

Renting Your Basement – 6 Reasons Why You Should:

1. That unused space could be an open, empty basement in your new home that can be developed into an apartment...

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Applying for Canada Pension Retirement Benefit: 7 Factors to Consider

Applying for Canada Pension

As a result of recent changes in the Canada Pension Plan (CPP) rules and regulations, a frequently asked question is “When should I apply for CPP benefits?” Is it at age 60? Or 65? Or 70? This article addresses 7 important factors that should be considered when applying for Canada Pension.

1.   Maximizing Benefits

In the past, many Canadians have chosen the earliest possible time when applying for Canada Pension, which was when they reached age 60. In doing so, the monthly benefit was reduced by a specific amount as compared to waiting until, say, age 65...

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5 Changes to CPP Retirement Benefits and How They Affect Canadians

changes to CPP

The Government of Canada has stated that the long term sustainability of the Canada Pension Plan (CPP) is threatened by increasing demands being placed upon it. Consequently, ongoing changes to CPP are being implemented in an effort to alleviate that concern. This article focuses on these changes and how they affect Canadians.

Maximum Pension Amount

The CPP provides a monthly retirement pension to contributors. In 2013, the maximum amount, when applying at age 65, is $1,012.00 per month ($12,144.00 per year).

What Changes to CPP are Being Made?

The following information, obtained from the Serv...

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The ePassport: What are the Changes for Canadians?


In the rapidly evolving world of travel, continued emphasis is being placed on security. The ePassport introduced in 2013 brings changes to the passport program that will enhance the security of Canada’s international travel document. This article explores what these changes mean for Canadians.


On July 1, 2013, Passport Canada is introducing a new electronic passport or ePassport. According to the Passport Canada website, the Canadian ePassport looks like a regular passport, but has new security features that make the passport even more tamper‑proof:

  • An electronic chip embedded ...
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Canadian Passport: 5 Things You Should Know

Canadian Passport

More Canadians than ever before are traveling internationally. There have been many changes in recent years and travel conditions continue to change. This article offers some insight into things that you should know about the Canadian Passport and the important role that it plays in travel abroad.

1. Travel to the United States

The most popular travel destination for Canadians is our Southern neighbor, the United States. For decades, Canadians entering the US needed only two pieces of identification including one photo ID, most commonly a driver’s license...

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Travel Tours: Tour Package or Plan Your Own?

Travel tours

When planning vacations, many travellers are opting for cruises or all-inclusive resorts. Most cruise packages offer optional travel tours when in port. These vary in length from a couple of hours to several hours. Such travel tours are also available at resorts and provide opportunity to see nearby attractions or visit major centers. They are offered by tour operators with pre-arranged itineraries and fixed prices. However, you also have the option of planning your own travel tours...

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Trade In or Sell Your Used Car?

Trade In Or Sell Your Used Car?

So, you are buying or leasing a new car or upgrading to a later model one. See my previous articles: “Buying a Car: New or Used?” and “Purchase or Lease a New Car?” How should you dispose of your old car? Trade in or sell? This article deals with the issues that should be considered before you decide.

Buying Privately or Through a Dealer

If you decide to upgrade by buying a later model used car through a private deal, then the fate of your old car is obvious. If you wish to dispose of it, you must sell it privately...

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