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Consumer Bankruptcies Increased 34% Over Last Year

While there has been a lot of talk in the news about big corporations going bankrupt, the number of consumer bankruptcy filings have been alarmingly [...] read more »
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Telemarketers Fined For Violating The Do Not Call List

The Canadian Radio-television and Telecommunications Commission (CRTC) has recently given fine notices to two telemarketing companies for calling pho[...] read more »
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As Much As $50 Million Missing In Canadian Ponzi Scheme

After all the news during the past few months about Bernie Madoff’s Ponzi scheme down in the US, it looks like we have our own here in Canada. Earl J[...] read more »
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Are Guaranteed Investment Certificates (GIC) Risk Free?

Guaranteed Investment Certificates are generally considered to be risk free investments. However, there are some risks that you need to be aware of a[...] read more »
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What Are Guaranteed Investment Certificates? (GIC)

Guaranteed Investment Certificates, or GICs, are a form of investment where you agree to lend money to a bank for a set amount of time. The bank agre[...] read more »
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Going with the investing flow - The Globe and Mail

Larry MacDonald, of The Globe and Mail, interviews Tom Drake from The Canadian Finance Blog. read more »
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Money Hacks Carnival #71 - Canada Day Edition

Welcome to the Canada Day edition of the Money Hacks Carnival! Being Canada Day, I thought it would be a good idea to include some pictures and facts[...] read more »
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10 Ways To Save Money On Your Vacation

With school out and everyone getting ready for their vacations, here are 10 ways for you to save some money this summer. read more »
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Royal Canadian Mint Missing $15.3 Million In Gold

The Royal Canadian Mint is missing 17,500 troy ounces in gold, worth $15.3 million, according to an audit by Deloitte and Touche that was released on[...] read more »
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Insurance You Can Do Without - Credit Life Insurance

Credit life insurance is purchased so that the balance of your car loan or credit line would be covered if you die before your debt is paid. read more »
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Insurance You Can Do Without - Cancer Insurance

Cancer insurance is a supplemental insurance that will pay an initial amount after you are diagnosed with cancer. Then it will likely cover any amoun[...] read more »
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Insurance You Can Do Without - Credit Card Protection Insurance

Credit card protection insurance is another case of paying too much in premiums for very little protection. Many people signing up for this expect th[...] read more »
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Insurance You Can Do Without - Accidental Death Insurance

Accidental death insurance may be offered to you as a rider on your regular life insurance policy. It can also be purchased as it’s own policy. Accid[...] read more »
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Recommended Personal Finance Books

Over the last couple years I’ve really enjoyed reading personal finance books. The following are my top 25 personal finance books, anything from inve[...] read more »
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Debtors Anonymous

Debtors Anonymous provides meetings to help compulsive debtors stop incurring debt and to help each other take control of their financial life. They [...] read more »
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