elderly survivor woman on a blurred background

The Allowance For The Survivor (AFS) Program

The Allowance for the Survivor (AFS) program is a financial assistance program offered by the Government of Canada. It helps surviving spouses or common-law partners of Canada Pension Plan (CPP) contributors. The purpose of the AFS program is to provide a monthly benefit to the surviving spouse or common-law partner. This is to help them…

ByJohn WilsonDecember 22, 2022

Resources

CMHC’s Home Adaptations For Seniors’ Independence (HASI)

The government of Canada offers the Home Adaptations for Seniors' Independence (HASI) program as a financial assistance program. The program helps First Nation on-reserve seniors make necessary adaptations to their homes in order to maintain their independence and improve their quality of life. The Canada Mortgage and Housing Corporation (CMHC) administers the HASI program. It…

ByJohn WilsonDecember 22, 2022

Important Dates Resources

Old Age Security Payments Schedule For 2023

Old Age Security (OAS) is a government-funded pension program in Canada that provides financial assistance to seniors aged 65 and over. It is one of the three pillars of Canada's retirement income system. It is well paired with the Canada Pension Plan (CPP) and private savings. OAS is a universal program, meaning that it is…

ByJohn WilsonDecember 21, 2022

a crumbled piece of paper with a credit memo on it

Resources

5 Things To Know About Credit Memos In Canada

1. What Is A Credit Memo? A credit note, also known as a credit memo in Canada, is a document issued by a seller to a buyer that reduces the amount the buyer owes for a purchase. It is typically used when a buyer returns goods or when there is an error in the original…

ByJohn WilsonDecember 20, 2022

the statue of liberty on a blue sky background, representing the us stock market

Investing Stocks

10 Differences Between The Canadian And U.S. Stock Markets

The Canadian and U.S. stock markets are both major centers for the buying and selling of publicly traded companies' stocks. There are a number of key differences between the two. Here are some of the main differences between the Canadian and U.S. stock markets: 1. The Size And Scope Of The US vs. The Canadian…

ByJohn WilsonDecember 20, 2022

an investor putting the finger on a performance graph

Investing Saving Stocks

How To I Know If An Investment Is Right For You

Your financial goals will help you determine what type of investment is right for you. For example, if you are saving for retirement, you may want to invest in a retirement account such as a RRSP. This also helps if you are trying to save for a down payment on a house, because a RRSP…

ByJohn WilsonDecember 19, 2022

a mallet hammer representing the law and a book of rules and regulations on a desk

Investing

The Rules And Regulations Governing Investments In Canada

Investing in Canada can be a smart financial decision. It's important to understand the rules and regulations that govern the investment process, though. These regulations help to ensure that investors are protected and that the investment market is fair and transparent. In Canada, the main regulatory body for investments is the Canadian Securities Administrators (CSA).…

ByJohn WilsonDecember 19, 2022

Investing

How Do I Invest In The Canadian Stock Market?

Investing in the Canadian stock market can be a good way to diversify your investment portfolio and potentially earn a higher return on your money. Here is a step-by-step guide on how to invest in the Canadian stock market: 1. Determine Your Investment Goals Before you start investing, it's important to have a clear understanding…

ByJohn WilsonDecember 19, 2022

businesswoman holding a read the fine print sign

Insurance Personal Finance

Do I Need Insurance, And What Kind?

Table of Contents The Different Types Of InsuranceLife Insurance Health Insurance Car Insurance Home Insurance How To Choose The Right InsuranceAssess Your Insurance Needs Compare Different Insurance Policies Look For Discounts Read The Fine Print Consider The Insurer's Financial Stability Choose A Reputable Insurance Agent Or Broker How Much Life Insurance Do I…

ByJohn WilsonDecember 18, 2022

a financial planner with a headset talking to customers

Personal Finance

Should I Use A Financial Planner Or An Investment Adviser?

As a Canadian, you have many options when it comes to managing your finances and making investments. But with so many choices, it can be difficult to know which path to take. One common question that many Canadians face is whether to use a financial planner or an investment adviser. A financial planner is a…

ByJohn WilsonDecember 17, 2022