Author: Muriel Schmidt

The minimum credit score required for a mortgage is 600 for banks and insured mortgages, 550 for B lenders, and no minimum for private lenders. If you have bad credit, B lenders and private lenders are generally your only options, but they can require you to have a large down payment or existing home equity. […]

If you’re looking for a leftover or used vehicle, Fall tends to be the best time to buy. Most dealerships want to clear out their inventory to make room for the new arrivals. Dealers usually put their demo vehicles on sale in the Fall, as well. December is also one of the best times of […]

Once a sender or the recipient has contacted customer service to report a missing package, postal inspectors retrace its every step. They check where it was scanned last and search mail depots or post offices. “There are no less than five to 10 people at a given time searching for a lost package,” said Losier. […]

Milk Chocolate Bar with Crisped Rice Crunch Bars are the classic milk chocolate bar mixed with crisped rice. A classic since 1928. This Crunch Bar is made in the USA by Ferraro Candy Company. In Canada, the Nestle Crunch Bar is still made in Toronto. Is Crispy Crunch only in Canada? In the 1990s, lovers […]

Income splitting in Canada is the practice of having the higher-earning spouse in a married couple transfer a part of their income to the lower-earning spouse so that they end up with similar income levels for tax purposes. This can reduce the tax on the split income. What income can you split in Canada? In […]

If your payroll deductions or instalments were too high, you’ll receive a refund. If they were too low, you’ll have a balance owing. You must pay a balance owing by April 30 to avoid penalties and interest. Why would you owe money on tax return? A tax bill really just boils down to simple math: […]

You may be eligible to receive a lump-sum payment of your pension. This could apply if: You ended your employment with an employer participating in BC’s Public Service Pension Plan before your earliest retirement age and are transferring your pension’s commuted value to a registered retirement savings vehicle. Can you cash out your pension in […]

If you decide to leave Canada to live elsewhere in the world your eligibility to receive the OAS pension is based on having lived in Canada for at least 20 years. If you lived in Canada for less than 20 years then you will receive your pension cheque for 6 months after you have left […]

Question 8: I already have a valid tourist visa for Canada. Can I still apply for a super visa while it is valid or should I wait for it to expire before applying for a super visa? Answer: Yes, you can apply for a super visa however the tourist visa will be cancelled and will […]

(1) An employer must pay all wages owing to an employee within 48 hours after the employer terminates the employment. (2) An employer must pay all wages owing to an employee within 6 days after the employee terminates the employment. How long do you have to pay an employee after termination? In terms of retrenchment, […]