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by Enoch Omololu, MSc (Econ)
Following the fallout from COVID-19 and an unprecedented increase in Employment Insurance (EI) benefit applications, the federal government recently introduced a new benefit – the Canada Emergency Response Benefit (CERB). …
by Enoch Omololu, MSc (Econ)
The Ontario Trillium Benefit (OTB) is a refundable tax credit available to low- and moderate-income residents. It combines the Ontario Sales Tax Credit, Ontario Energy and Property Tax Credit, and …
by Enoch Omololu, MSc (Econ)
Individuals who have recently lost their jobs through no fault of their own can apply for regular Employment Insurance (EI) benefits. Workers who qualify for EI and are sick or …
by Enoch Omololu, MSc (Econ)
Closing your bank account in Canada may appear to be a daunting task, but it is not. If your bank no longer meets your needs, or you are divorcing it …
by Enoch Omololu, MSc (Econ)
You could have thousands of dollars in uncashed cheques from the Canada Revenue Agency (CRA). And, no, this is not one of those CRA scams. According to the CRA, about …
by Enoch Omololu, MSc (Econ)
RESPs are great for families with kids, and contributing early and often can have a huge impact on how you end up financing your child’s post-secondary education. The rules surrounding …
by Enoch Omololu, MSc (Econ)
The Canada Child Benefit is a monthly tax-free benefit available to eligible families with children under the age of 18. Its name has changed over the years, and it’s often …
by Enoch Omololu, MSc (Econ)
The GST/HST credit is a quarterly tax-free payment to eligible individuals. Good and Services Tax (GST) or Harmonized Sales Tax (HST) is levied when you pay for most goods and …
by Enoch Omololu, MSc (Econ)
Whether you are looking to transform your personal finances, get out of debt, save more money, invest or build wealth, the best personal finance books in Canada can be of …
by Enoch Omololu, MSc (Econ)
Learn why there is a difference between TransUnion vs. Equifax credit scores, what a good credit score means in Canada, and how to do a free credit score check. If …
Personal Finance for Canadians
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