Budgeting & Debt
Learn how to manage your budget and reduce debt with practical guides on spending, saving, credit, and repayment strategies. Take control of your money and your life with confidence.
How to Avoid Overdraft & NSF Fees in Canada
Set up low-balance alerts on your chequing account, link a backup funding source like a line of credit, and use a financial institution like Neo that notifies you before a payment fails.
How Do I Stop Automatic Payments from My Bank Account?
If an unauthorized payment has already been withdrawn, you have 90 days to file a reimbursement claim under Payments Canada's PAD rules.
Frozen Bank Account? Here's What to Do (and What Not to Do)
Don't panic! Here's a game plan—including everything you need to know and do—for dealing with a frozen bank account in Canada.
Does the Canada Revenue Agency (CRA) Know About All My Bank Accounts?
The short answer is no, the CRA does not automatically know how many bank accounts you have or see the transactions flowing through them.
10 Unexpected Effects of Doing a Consumer Proposal in Canada
Unlike bankruptcy, a consumer proposal does not transfer control of your assets to a trustee. You keep your home, your vehicle, and all your investment accounts.
10 Surprising Items You Can Legally Keep Thanks to Canadian Bankruptcy Exemptions
Arguably the biggest misconception about Canadian bankruptcy is that you will automatically lose your car.
The Pros & Cons Of Declaring Bankruptcy in Canada
“I think filing for bankruptcy can prevent heart attacks, suicide, divorce, and job loss because people can now focus on life, as opposed to fighting with creditors they cannot afford to pay,” argues Jeremy Kroll, Licensed Insolvency Trustee and Partner at Baigel Corp.