When Annemarie Tempelman-Kluit first heard the B.C. government was offering to defer parents' property taxes, she immediately considered it as a way to help out her family.
"I said to my husband, 'Hey, we could do that,' but he said, 'Is this a really good deal?'" (Read More)
Q: I'm not working and my employment insurance just ran out. Can I withdraw money from my RRSP?
A: You can access money in your RRSP as long as . . . (Read More)
How much money do you really need to buy a house?
Based on the average sale price of $320,333 last year, the federal government says you must come up with about $16,000 before you can consider getting a mortgage to buy the rest of that home.
Current rules require mortgage insurance for anyone borrowing more than 80% of the value of their home from financial institutions covered by the Bank Act. Under the rules, consumers must have at least . . . (Read More)
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Desmond Darveau says readily available credit made it easy for him to acquire things like furniture, but when unexpected expenses for a family funeral sent his finances for a loop, he realized he was in trouble and sought help from . . . (Read More)
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