Author: Darrel Pratt

Can You Ride A Motorcycle Without Insurance In Canada?

Per law, the mandatory motorcycle insurance is required for all riders in Canada. Is motorcycle insurance mandatory in Canada? Having a standard motorcycle insurance policy is mandatory in all Canadian provinces. All riders must have a minimum amount of coverage. Motorcycle insurance works similar to auto insurance. The main difference being that your insurer often […]

What Economic System Best Describes Canada?

Capitalism is an economic system in which private owners control a country’s trade and business sector for their personal profit. What kind of economic system does Canada use? mixed-market economyThe economy of Canada is a highly developed mixed-market economy. It is the 8th-largest GDP by nominal and 15th-largest GDP by PPP in the world. As […]

Does Canada Have Competition Laws?

Competition law in Canada is set out in a single federal statute, the Competition Act. Related regulations, guidelines, interpretation bulletins and case law all provide guidance on how the Competition Act is administered and enforced. What are competition laws in Canada? The Competition Act is a Canadian federal law governing competition law in Canada. The […]

How Much Is The Average Student Loan Debt In Canada?

Profile of the Average Student Debtor AVERAGE STUDENT DEBTOR 2018 Update Average mortgage value $209,637 Detailed Information on the amount of average unsecured debt: Personal loans $12,547 Credit cards $9,070 What is the average Canadian student loan debt? The total student loan debt in Canada is around $22 billion, shared among more than 1.7 million […]

Does Canada Have 5.5 Time Zones?

How Many Time Zones Are There in Canada? Canada has 6 standard time zones with 6 corresponding Daylight Saving Time (DST) time zones. What are the 5 time zones in Canada? There are six time zones in Canada. From west to east the main time zones are: Pacific, Mountain, Central, Eastern and Atlantic. Why does […]