Buying a car is a big deal in Canada. For most individuals, it is the second-largest purchase they’ll ever make – second only to purchasing a house. A 2017 CBC report stated that the cost of a new car in Canada was above C$33,000. And if you don’t have that kind of cash sitting in …
What is the Minimum Credit Score to Buy a Car in Canada? Read More »
If you have ever been in debt and looking for solutions to get your creditors off your back, you will appreciate how Consumer Proposal can come to your aid. Consumer Proposal in Canada comes under the Bankruptcy and Insolvency Act. It is a legally binding debt repayment arrangement made with your creditors through a Licensed …
It is easy to feel despair living in a country where -40C is the new normal. The situation is especially grim if you’re a new immigrant in a foreign country. Although you might be confused as to where to get help, you shouldn’t panic because the Canadian government has a few programs to ensure new …
The Canadian government loans for new immigrants caters for the welfare of newcomers to Canada through the Immigration Loans Program (ILP). The program funds refugees who may not have access to funding from other private sources. Immigrants can use the loans for the following: Reimbursements for transportation costs to Canada. Support and establishment costs. Permanent …
The process of debt consolidation, as a solution to your financial challenges, is designed to help you manage your debts. It is crucial to fully understand how it works before determining if it’s meant for you or not. If you are struggling with your finances, it may comfort you to know that you are not …
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