Articles by Sean Cooper 22 articles
Housing & MortgagesKnow your rights: Residential Tenancies Act
Let’s face it, renting a place to live shouldn’t feel like navigating a legal maze, but sometimes it does. Whether you’re living in a high-rise…
Housing & MortgagesMortgage renewal in Canada: What to know when rates are rising
Mortgage renewals used to be simple. You’d get a letter from your lender, glance at the new interest rate, sign it, and carry on. Now, though, things…
Housing & MortgagesUnderstanding NOSIs and Liens: Protecting homeowners from financial stress
There’s been an important change when it comes to liens and Notices of Security Interest (NOSI). It’s a good idea to spread the word, especially…
Housing & MortgagesThe introduction of 30-year insured mortgages
The introduction of the 30-year insured mortgage in Canada marks a significant shift in the country's housing market. This new option, announced by…
Housing & MortgagesAsk the Expert: Is help on the way for those paying rent?
Rent prices are high and not just in large cities anymore, across Canada. The government has put measures in place to help. Heather, our reader, is…
Housing & MortgagesI'm a homeowner, what does the new Mortgage Charter mean for me?
The federal government recently introduced the Canadian Mortgage Charter by way of the Financial Consumer Agency of Canada (FCAC). Let’s look at what…
Housing & MortgagesCurrent Mortgage Rates Denying Access to Needed Financing
It's been a tough time for homeowners. In a short period of time, we saw the prime rate increase a whopping 7 times. In fact, interest rates…
News & CommentaryNavigating The Cost of Death
As the saying goes, there are only two certainties in life: death and taxes. In this article, we’ll talk about the former. In particular, the cost…
Housing & MortgagesEverything You Wanted To Know About The New Ontario Housing Strategy
The Ontario government has unveiled a series of measures to cut red tape and make Ontario housing more affordable. The goal is to boost the housing…
Housing & MortgagesAlternative Options To Get Into The Housing Market
Are you finding it tough to get into the housing market ? You’re not alone. In this article, we’ll look at alternative options to get into the…
Credit HealthCredit Ratings Explained
Credit is something many of us take for granted. If you have good credit, you should have no problem borrowing money from financial institutions at…
Taxes & BenefitsPractical Canadian Tax Tips in 2021
With the 2021 tax season in full swing, we thought it would be the perfect time to share some tax tips. In this article, we’ll look at ways to boost…
Housing & MortgagesUsing a Home Equity Loan for Debt Consolidation
Using a Home Equity Loan for Debt Consolidation may not occur to a homeowner immediately when experiencing finance troubles. COVID-19 has been tough…
News & CommentaryWhat is Insolvency?
Insolvency is a financial state where you’re unable to meet your debts as they come due. When used as a commercial term, it means that your business…
Taxes & BenefitsFirst time home buyer Incentive
Are you a first-time home buyer looking to purchase a home in the near future? You may have heard of and be familiar with the First-Time Home Buyer…
Housing & MortgagesCMHC Mortgage Rule Changes
There are many CMHC mortgage rule changes that have the potential to affect many Canadians. The Canada Mortgage and Housing Corporation (CMHC)…
Housing & MortgagesSimple Ways to Pay Down Your Mortgage Sooner
Are you interested in investing in real estate? Unless you can afford to pay for a property in cash, you’ll need to take out a mortgage. For many…
Debt RepaymentCollection Agencies Act - What You Need To Know
The goal of the Collection Agencies Act is to keep collection agents from participating in a prohibited practice. Basically, for a collection agency…
Budgeting & MoneyBudgeting Basics - Get More Control Of Your Finances
It’s time to get down to the basics. In this article, we’re going to look at the basics of budgeting. Now I know what you’re thinking, a budget is no…
Budgeting & MoneyActivity-Based Budgeting: Time is Money
Activity-based budgeting is a method associated with business: it’s when you figure out all the costs for all your products and services. After you…
Budgeting & MoneyIncremental Budgeting: Gaining Capital Over Time
Incremental budgeting is a budget type where you add a specific amount of capital to a previous quarter’s or period’s budget to permit slight…
Budgeting & MoneyZero-Based Budgeting: Every Dollar Matters
Zero-based budgeting is when you allocate every dollar of your monthly income for budgeting purposes. In other words, your income minus expenses…