EI Benefits for the Self Employed

EI Benefits for the Self EmployedAs the ranks of self employed Canadians increases, there is a growing problem of employment insurance coverage.  What is the problem?  Self employed business owners previously were not eligible for employment insurance coverage.  As it’s especially applicable to the female entrepreneurs, business income could dry up quickly while on maternity leave.  With no business income or employment insurance benefit, the financial situation could get ugly unless there is substantial savings….

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Best of: Worst Financial Advice Ever

Best of: Worst Financial Advice EverThe N.C.F.B.A. met on Monday night (OK we sat and watched Preet eat dinner), and as usual the discussions and commentaries were entertaining, enlightening and fun (for me at least), and one of the topics that came up was about Advice and what people do with the advice you might give them (Michael James has in fact written an excellent post on how Investment Advice Usually Reaches the Wrong People)….

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Moving to Canada? Financial Advice

Moving to Canada? Financial AdviceNew immigrants from India need to make important financial decisions in order to help them get settled and start building their new life in Canada. Tips are available on: opening a bank account in Canada before they move; the transfer of money from one country to another; building a credit history; buying a car or home; saving for their childrens education; and starting a business.

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Mortgage rates creeping up, a sign of things to come

Mortgage rates creeping up, a sign of things to comeIf you’ve been listening to the news then you know that posted mortgage rates at some of Canada’s biggest banks have edged up .35 %, you can read about it HERE AT CTV. To put it in more tangible terms that equates to about a 7% increase in carrying costs as compared to current rates. Our fragile economic recovery hinges on the ability of consumers to take on debt, and…

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Like it or not, Harper is on a roll…

Like it or not, Harper is on a roll...Those who took great delight in the travails of Stephen Harper over the summer are likely none too pleased with more recent developments. The blogosphere tends to be extremely partisan in nature, and objectivity is often a scarce commodity. But love him or loathe him, the fact is Harper is on something of a roll. I’m not going to suggest that a run of good press and good optics is…

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Remembering the bad old days of Balanced Budgets

Remembering the bad old days of Balanced BudgetsAttention spans aren’t what they used to be, anything that happened 24 hours ago is already old news. You see it everywhere, people have trouble remembering a conversation from just ten minutes earlier. When I go to Tim Hortons and order an UNtoasted bagel, I pull away and check the bag to find that…yeppers…its been toasted. Now all of a sudden Stephen Harper and the Conservatives are sound managers of…

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