Buying a home is an exciting milestone, but it requires careful financial planning to ensure a smooth journey. A strong financial profile not only increases your chances of mortgage approval but also helps you secure favorable terms. Here’s a detailed guide on how to prepare your finances before taking the plunge into homeownership. 1. Review Continue reading
Sophie Wilson
Sophie Wilson is a finance professional with a strong academic background, having studied at the University of Toronto. Her expertise in finance is complemented by a solid foundation in analytical and strategic thinking, making her a valuable asset in the financial sector.
3 Costly RRSP Mistakes to Avoid: Protect Your Savings and Grow Wealth
Building a million-dollar portfolio through a Registered Retirement Savings Plan (RRSP) is a dream for many Canadians. However, achieving this goal requires more than just contributions and market gains. To safeguard your savings and remain compliant with the Canada Revenue Agency (CRA), it’s vital to steer clear of common pitfalls. This article explores three major Continue reading
$1,200 for Low-Income Seniors: Fact Check, Eligibility, and Payment Dates
$1,200/month benefit for seniors, including eligibility criteria and payment dates. Learn who qualifies for this financial support, how to apply, and when to expect payments. Stay informed to ensure you or your loved ones receive the benefits you’re entitled to. There have been discussions and announcements regarding a new initiative aimed at providing financial support Continue reading
$300 Canada Federal Payment 2024 – Are You Jobless? When will it be paid?
In 2024, the Canadian government is providing a $300 federal payment to eligible citizens to offer financial relief and support during challenging economic times. This one-time payment aims to help individuals and families cope with rising living costs and other financial pressures. Here’s everything you need to know about the $300 Canada Federal Payment, including Continue reading
Bank of America Massive Branch Closures 2024: List & Reason Behind
Bank of America (BoA), one of the largest banking institutions in the United States, has been undergoing significant branch closures in recent years. This article delves into the reasons behind these closures, the impact on customers and communities, and provides a detailed list of the affected branches. Reasons Behind Bank of America Branch Closures Shift Continue reading
Massive Chase Bank Branches Closing in USA 2024
Chase Bank is planning to close at least 23 branches throughout various US states in 2024. The closures will impact communities in nine states. Chase also plans to open 400 branches in 25 new states. Specific locations of the branches to be closed have not been announced. Chase Bank Branches Closing in 2024 by Location Continue reading
Walmart US Store Closures 2024: Is Your Local Store on the List?
While Walmart has closed several stores in 2024, the number is relatively small compared to previous years. The company has been focusing on optimizing its store network rather than conducting widespread closures. Walmart US Store Locations Closing in 2024 Here is the list of Walmart US Stores closing in 2024 by province & City. Most Continue reading
11 High-Paying Medical Jobs in Canada that Don’t Require a Degree
In Canada, pursuing a medical career doesn’t always necessitate a university degree. Several high-paying roles exist within the healthcare sector that focus on hands-on skills, certifications, or specialized training. Here’s a detailed look at these rewarding career options: 1. Pharmacy Technician 2. Medical Office Administrator 3. Dental Assistant BC Government Jobs Currently Hiring That Don’t Continue reading
Chase Bank Continues Nationwide Branch Closures: Full List for 2024
While Chase Bank remains one of the few major institutions expanding its physical footprint, there are still closures planned in 2024. This shift reflects the evolving banking landscape, where online options are increasingly popular. Why is Chase Bank Closing Branches? The decision to close branches is driven by several factors: What Happens If My Local Continue reading
CRA Denied an Ontario Taxpayer’s RRSP Deduction due to Pension Adjustments & the Tax Court’s Ruling
Saving for retirement is a priority for many Canadians, with registered retirement savings plans (RRSPs) serving as an effective tool. The rules around RRSP contributions are designed to ensure fairness, especially for individuals participating in employer pension plans. A recent case in Tax Court sheds light on how a misunderstanding of pension adjustments (PAs) can Continue reading