Budget

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Highlights From The 2015 Federal Budget

OTTAWA - Highlights of the 2015-16 federal budget introduced Tuesday by Finance Minister Joe Oliver:— The budget is balanced, with a projected surplus of $1.4 billion this year, increasing to $4.8 bil...
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11 Everyday Expenses You Can Reduce or Ditch Entirely

We spend money almost every single day, but unfortunately our expenses aren't always productive. Even if you have a seemingly air-tight budget, you may still be wasting your money on trifles. How so? Perhaps you are still paying for something that's on its way to becoming obsolete or simply isn't all that practical.

Alberta's Missed Heritage Fund Opportunity

Over the past decade, the province of Alberta treated boom-time resource revenues like a permanent state of affairs. That set the province up for fiscal failure, for multiple lost opportunities. One high-profile example is the Alberta Heritage Savings Trust Fund.
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Why Ontario Should Stop Demanding Money From the Federal Government

Instead of demanding more money from the federal government, Ontario could a) cut provincial spending or b) reform everything from labour laws to regulation to tax policy and electricity policy, to unleash the economy and thus produce more at-home tax revenue or c) both. Ontario should not expect continued billions in annual equalization payments. While the exact decline in equalization is unknown -- it depends on how badly the resource economies and their provincial treasuries are hit -- Ontario should face reality and act accordingly.
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3 Ways to Fly for (Almost) Free

Travelers looking to save money on accommodations can consider staying in a hostel, pitching a tent and camping or even give housesitting or couch surfing a try. While the sky is the limit when it comes to fine dining around the world, travelers can save money on food by cooking meals or eating local, street food.
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5 Pre-Election Things To Keep An Eye On

OTTAWA - The House of Commons resumed Monday following a five-week break and now enters its last scheduled sitting before the fixed federal election date next October. Here are five things you should...
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Are You Suffering From Post-Holiday Bill Avoidance Disorder?

When you've caught the last scraps of tinsel floating around the house, and your New Year's resolutions have fallen by the wayside, there's still a final holiday tradition left to enjoy: dreading the arrival of holiday bills. Yes, this time every year, thousands of Canadians are struck with cases of Bill Avoidance Disorder (B.A.D. for short). Think you've come down with a case? Try all of the following, and call us in the morning.
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Oliver Vows Balanced Budget Or Bust

VANCOVUER, B.C. - Federal Finance Minister Joe Oliver says the government still plans to balance the budget and keep its commitments despite the collapse of oil prices.Oliver’s remarks follow recent e...

A Few Points About Quebec's Debt

The current Quebec government is at least trying to tame its deficit and start chipping away at its huge debt. But there are some people out there who question whether or not Quebec's public debt is really such a serious problem, and therefore whether our provincial government's "austerity" policies are truly necessary.
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Harper's Secret Budget Cuts Undermine Canada's Democracy

When a government underspends to the extent we are seeing with the Harper government, the estimates become unreliable. Parliamentarians aren't able to find out how much the government is actually spending until months after the end of the fiscal year. As a result, they can't inform the public about what programs and services have been diminished in time to make a difference. The way the underspending scheme stifles debate reminds me of the Harper government's omnibus legislation, except it's even worse.
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Oliver Vows Balanced Budget Or Bust

Neither falling oil prices, today’s disappointing GDP numbers, nor the $2.4-billion cost of the new income-splitting and baby bonus programs announced yesterday will prevent the federal government fro...
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How to Build an Emergency Fund

Thirty-nine per cent of Canadians surveyed have no idea how they would pay for their expenses if they had no income for six months -- and the number swells to 44 per cent for those under the age of 35. Here are five easy steps you can take to start building up an emergency fund.
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Can You 'Getaway' With Only One Of Your Kids?

Spending time with one child allows you to really connect with what they're doing at school, the friends they're hanging out with, and what they think about what's going on in the world as well. We also became quite adept at picking out the accents and languages of fellow travellers -- many British, German, and Eastern European dialects.
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This Is How You Plan For College and University Debt

If you know you are about to be attacked, why not beat the other side to the punch? The same philosophy works with student debt. Build up a solid defense against it by working part time and saving money throughout the next 3-4 years. This way, when that debt tries to attack you after graduation, you'll be armed with a sizable nest egg you can use to pay down the principal.
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Saving Tips for Canadians, Eh?

Canada Day is coming up on July 1. Proud Canadians will be gathering with their friends and family to celebrate the birth of our nation all those years ago. And in true Consolidated Credit fashion, utilize these truly Canadian ways to ensure that you and your family have a financially secure future.