Has your life insurance application been declined? Do not worry. It is not the end of the road for you. An application denial does not necessarily mean you cannot get life insurance. Another insurer may well rate you as insurable and offer you the desired coverage. Even if that does not happen, there are other...

When it comes to taxes, there’s no one size fits all. That’s why there are over 400 tax deductions and credits available from the CRA to Canadian taxpayers. Whatever your tax situation is, there’s a credit or deduction out there for you. Key Takeaways: Tax deductions are used to reduce your income before any credits...

    Joint life insurance, which some people jokingly call couple life insurance, covers both spouses in exchange for a single premium payment each month. If you’re in your late twenties or early thirties, you’ve probably started thinking about life insurance. And if you’re married or have kids, joint life insurance is probably at the...

Losing your job can be scary. You lose your main source of income, and you may not know what to do next.  If you’re lucky, you have savings to help you get through this difficult time. But what if you don’t have enough savings? What if you were already struggling to make ends meet even...

Buying a traditional life insurance policy with a criminal past may not be easy, but is it not impossible, either. And, if traditional life insurance is out of reach, there are other options still available.     In some situations, you will still qualify for life insurance even if you have a criminal record. However,...

  In Canada, a Tax Free Savings Account (TFSA) is a quintessential way to grow your savings and investments tax-free. If you are wondering how to use a TFSA, how to open a TFSA, or the benefits of these accounts, you certainly are not alone.  For the past decade, the Canadian government has been encouraging...

Having to consider your own mortality is a sensitive subject. It’s made even more complicated when you consider the financial well-being of your dependents.  Luckily, there’s life insurance, which provides you with the assurance that upon your passing, your family and dependents will be taken care of. When it comes to life insurance, there are...

When people think of immigration, Canada is generally one of the first countries they think of. This comes as no surprise because of the several factors Canada has or does that puts it above wanting to immigrate anywhere else. For one, Canada is one of the only countries that has paid maternity and paternity leave....

Have you been thinking of immigrating to Canada and aren’t sure where to start? Well, we don’t blame you. With over 60 visas and immigration programs, navigating your way through each one and its requirements is not easy. Choosing the wrong one could easily result in disappointment. In this article, we’ll take you through the...

Filing Taxes Late in Canada Canadians are required to file tax returns every year. There are many reasons why Canadians fall behind filing their tax returns, including: They don’t think they will owe, so they don’t file their late tax They are aware they will owe but lack the funds to cover it People incorrectly...