Trending Personal Finance Discussion Tags

for

Just wondering if anybody has recommendations for a fee-for-service financial advisor in Vancouver? My wife and I have accumulated some savings but don't have a real financial plan in place. Would like to see an advisor/planner to see if we are on track to meet our goals. Need someone who is availab...

credit card

Hi guys I just received a letter from TD saying that they are discontinuing Gold Visa What is the best CC available these days that can offer all the above (and more :-) )? thanks CuriousC

rrsp

Hey RFDers, I'm having a surprisingly difficult time finding the answer to this question. I sold my apartment and will have a big chunk of cash to invest next month. It's more than enough to max my RRSP, and my TFSA is already maxed. When exactly can I make the maximum contributions to my RRSP? The ...

tax

As of January 1, 2018, what tax year am I no longer responsible to keep records for? Would it be 2011 and earlier?

personal income tax

Hi Like to know, if clergy who does not receive any income (food, shelter, clothing, transpotation provided by Non-profit religious org) has to file personal income tax returns with CRA? Thanks

and

My father has been retired for the past 20 years or so and has been collecting a defined benefit pension from his past employer with whom he worked for 30 years. The company has had some challenges with the new economy and the likes of Amazon and I have been questioning its long term survivability. ...

tfsa

So... I was reading this article about the CCB and had a thought... Scenario: 2 kids... one in school, one in preschool ( pretty common scenario ). Family Income 80,000 ( one parent at home with preschooler ) You have maxed your TFSA. Now according to this calculator , you're getting $5,220 in CCB. ...

credit

... these accounts are back from the 90's where I had totally different CC accounts. Other than the question in the title - two others come to mind: 1. Do old accounts never ever drop off the credit report? ..and if so - after how many years? 2. Do open accounts, with no balance of course, affect ...

credit cards

Has any National Bank customers here recently switched credit cards (within the bank) know if they transfer credit card history or does it start from scratch? Long time card holder of their World Elite (10+) years but thinking of switching to another premium World Elite(and getting a regular no-fee ...

pc financial

Wow, after 20 years, never saw this coming!! https://www.pcfinancial.ca/m/english/info/ CIBC to create new brand, Simplii Financial as of November 1. http://business.financialpost.com/news/fp-street/pc-financial-customers-to-transfer-to-new-direct-bank-brand-simplii-as-cibc-loblaw-part-ways/wcm/ec5d467e-5675-471c-921a-ad37128ed5b4 ...

to

... if its getting high interest in their Savings account. Has anybody got a solution for this? Two I thought of if you don't need more than $3000: 1: Send yourself an interac e-transfer from another institution's high interest savings account. 2: Deposit a cheque (if you have access to enough money ...

the

This morning, I "pulled" some funds through Tangerine into my Tangerine savings account (from another bank through a linked account). The transaction is still showing up under "pending transactions" and the transaction date indicated is "Nov 20". I have the 2.75% promo interest on my Tangerine accou...

cra

FYI: I just got an e-mail from Paypal which says the following. Anyone with a paypal business account who has done large transactions since January 1, 2014 can probably prepare for an audit. Notice to Business Customers and Partners. XXXX, We’re writing to notify you that we have received a Federal ...

tangerine

Got declined at grocery store. Called and they said the service is outage and have no idea when it will be back to normal?!

from

This morning, I "pulled" some funds through Tangerine into my Tangerine savings account (from another bank through a linked account). The transaction is still showing up under "pending transactions" and the transaction date indicated is "Nov 20". I have the 2.75% promo interest on my Tangerine accou...

bank

This morning, I "pulled" some funds through Tangerine into my Tangerine savings account (from another bank through a linked account). The transaction is still showing up under "pending transactions" and the transaction date indicated is "Nov 20". I have the 2.75% promo interest on my Tangerine accou...

question

I have a life insurance.... Used to be Transamerica (wealth advantage life insurance). Now sold to Ivari. Paid all premium. I can borrow money back and need to pay interest once a year. What happen if I don't pay interest? Will the insurance be terminated automatically? Any way to terminate with les...

mortgage

... has put everything into an "all-in-one". So there is a mortgage portion, which is $74,000 (was $75,000 a couple months ago) as well an a LoC ($100,000, with about $1,000 in use). My credit cards are all 'nil' in balance out of a total line of $50,000. The auto-loan (Tricor through Ford) doesn't ...

fraud

So last Thursday someone reset our online banking password and etransfered $2,000 from checking acct and $1000 from savings acct. Entrasnfer was sent to one of my payees (its myself and that's how we pay for heloc with another bank). One transfer was accepted, another was not. ...

cibc

Delete - complaint line found.

on

This morning, I "pulled" some funds through Tangerine into my Tangerine savings account (from another bank through a linked account). The transaction is still showing up under "pending transactions" and the transaction date indicated is "Nov 20". I have the 2.75% promo interest on my Tangerine accou...

taxes

So we use an accountant to file on our behalf (small business + personal). Accountant has yet to file 2016 (he has everything), and the latest communication was that the person on his team is on vacation and he can't touch our file until that person is back (next week). We received a call from CRA t...

investing

Basically I need some advice/opinion. First, the facts. Age: late 20's Income: currently transitioning to a new career and will likely spend the next 3 years in university. So money will be tight for at least 3 years. Dependents: none. Spending habit: just the basics. Pension: 30k through my previou...

financial advice

Hi all, I am in my mid-20s and recently my dad retired and my parents (dad is in 60s, mom late 50s) and younger sibling (24) moved from the Middle East to Canada. As I am the only one working and earning, I have to support them financially and wanted some advice. Hence my post/rant. To give you a br...

credit score

How to check Credit Score for free? I found this website "www.borrowell.com" that says can provide credit score for free. Is this a good website?

money

I know lottery winning are NOT taxable in Canada. Like Lotto 649 etc. Even Casino winnings are NOT taxable in Canada like Casino Rama, Fallsview Casino etc. But I have made quite some money in overseas online sports betting sites like Bet365, Pinnacle sports etc. I have an overseas bank account in w...

debt

Looking for some advice on how to pay my partner's OSAP debt. OSAP debt: $44,000 TFSA total: $47,000 Available cash: $10,000 We have an additional +$60,000 of cash but can't use it to pay off OSAP (not in a Canadian bank). We were thinking of paying off half of the OSAP ~$22,000 then asking for reas...

rbc

http://www.newswire.ca/news-releases/royal-bank-of-canada-designated-a-global-systemically-important-bank-659013313.html Royal Bank of Canada (RY on TSX and NYSE) today announced it has been named a Global Systemically Important Bank (G-SIB) by the Financial Stability Board (FSB), ...

visa

I'm wondering if anybody else has noticed a glitch in the payments to be posted? Normally when I make a payment at an ABM it will show up in my account as a payment to be posted. That does not seem to be happening. On Sat 15th, I made 4 separate cash deposits to 3 accounts and Visa at a CIBC ABM. I ...

bmo

... a simplification but summarizes the most important point. Earning rates stay the same (except for the travel category where you get 3 point per $1 spend) at 2 points for each dollar spend but travel costs increase by 40%. There are some 'added benefits' like increasing the call centre hours, ...