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Grocery shopping can be exhausting, both mentally, physically, and sometimes financially. The activity its self is necessary to function in today’s society. In contrast, grocery shopping has many habits that are overlooked and contribute to unnecessary spending. Some of these habits include: Buying brand name products over in-house brands The alternative in-house products usually contain…

Saving money becomes more of a challenge as summer starts to creep up on us. The days are getting longer, the weather is getting warmer, and the need to spend money is getting stronger. With the average Canadian already spending $1.65 for every $1.00 of their income, it’s time we tighten our belts (our budget…

A new pilot project that teaches Canadians essential financial skills is currently taking place in Ontario. Approximately two dozen high schools are participating in this project. The goal of the project is to teach students the financial skills necessary to succeed with the new global economy. The pilot project is a result of the Liberal…

A New plan to cut hydro costs was released by Premier Kathleen Wynne on March 2, 2017. The plan to cut hydro costs is introduced to help decrease electricity bill amounts for Ontario residents. Even though this seems like great news, how much does the plan actually benefit us? The original goal is to cut…

Headlines are covering a common trend called, “Living Wage.” You might be asking yourself, what kind of wage is this? A living wage can help workers earn an income that can meet basic needs and allow them to participate in their communities. This type of income is based on the amount you earn in correlation with…

A popular trend in news headlines is that Canadians are retiring while they still owe debt. After years of hard work, the last thing an individual should worry about is that they still owe debt. A Canadian market research firm by the name of Insights West, recently did the, Canadians on Retirement survey. The online…

It is now that time of year again, the time to file for your income tax refunds. Income tax refunds for 2016 will be due on April 30, 2017. As a result of submitting the right information, your income tax refunds can earn you extra money. Therefore, before you file your taxes, there are a…

If you are wondering what the current situation is regarding Canadian debt, then you are about to find out.  Like the average consumer, the Canadian government is also responsible for paying off their debt. The current Canadian federal-provincial debt amounts to approximately 1.4 trillion dollars. This is a major increase from 833 billion dollars of…

Bundled loans are giving the new federal mortgage rules a run for their money. On October 17th, 2016, Canada released its new federal mortgage rules. These rules were created to help regulate loans and protect the Canadian economy. For a refresher click on the following link, http://dodicklandau.ca/canadas-new-federal-mortgages-rules/. Canada’s subprime mortgage providers are now offering borrowers…

In our last blog, we touched a bit on the recent changes to, Ontario’s Putting Consumers First Act. For a refresher click on the following link, http://dodicklandau.ca/changes-to-ontarios-putting-consumers-first-act/. If the new changes are approved there will be few things that you, as a consumer should be aware of. Home Inspections Once the new changes are passed,…