What Financial Help Can You Get?
Here’s a guide to federal economic relief By Erika Morris Photo: iStock/bob_bosewell. Over the last month, Canadians’ work lives have completely…
Rights & Money
Big Banks Cut Credit-Card Interest Rates
As part of coronavirus economic relief, Canadian banks have lowered interest rates. By Erika Morris Photo: iStock/alexialex. As the coronavirus pandemic increasingly infected daily life and the economy, Canadians saw relief efforts that included emergency funding, tax extensions, and mortgage…
COVID Emergency Relief Benefits Are Taxable
You’ll have to include any benefits in your total income for this year By April 7—the second day on…
More Money to Help Seniors Cope With COVID-19
Both the federal and Ontario governments have announced more funding and resources for seniors By Erika Morris Photo: iStock/vchal. The federal…
Beware of the COVID-19 Texting Scam
Canadians are receiving texts claiming to offer financial relief. Don’t click on the link! By Erika Morris Photo: iStock/Makoto Hara.…
You May Be Able to Defer Your Mortgage Payment
To help customers cope during the pandemic, Canada’s big banks say they’ll let you put off making mortgage and credit-card…
Relax—You Have an Extra Month to File Your Taxes
The annual deadlines to file and pay taxes have been extended By Erika Morris Photo: iStock/Osarieme Eweka. The federal and…
Claiming Medical-Expense Tax Credits
If your medical expenses amount to a tidy sum, they can earn you a non-refundable tax credit. Here’s what you…
Two Insurers Stop Reimbursing for COVID-19 Trip Cancellations
Now that the coronavirus is a “known” problem, you probably won‘t be reimbursed if you cancel your trip because of…
Airlines Lose Bid to Suspend Passengers’ Rights Rules
Canadian airlines are appealing the regulations that require them to compensate passengers Photo: iStock/Mimadeo. The Federal Court of Appeal…
