Savings & Retirement

New Covid Benefits Explained

2020 has been a financial rollercoaster; with the ongoing global pandemic caused by COVID-19, Canadians have been affected in numerous ways. The most notable impact is how it has affected the financial circumstances of many Canadians. With growing unemployment rates, the Canadian government provided the Canadian Emergency Response Benefits (CERB) to support the employed and …

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What are my Debt options if I am retiring soon or already retired?

Question: A recent study confirmed that well over 80% of Canadians facing retirement have not saved enough to maintain the standard of living they expect. Many will spend what is supposed to be their “golden years” in relative poverty according to Statistics Canada figures and the number of personnes-agees in that group is growing at an alarming …

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