Personal Finance

Published by Mohamed Konate | Updated Oct 11, 2022
Guide to Interac e-Transfer Limits
Interac e-Transfer enables Canadians to send and receive the money within minutes. These transactions are safe since senders will add security questions and receivers will need to provide the correct answers. Therefore, unintended recipients cannot access those funds.
Read More
Published by Content Creator | Updated Apr 03, 2022
A Detailed Review Of The Wealthsimple Tax
What is Wealthsimple Tax? Does it make tax filing easier? Can everyone use this tax return software? What are the benefits? Is there any downside? There might be so many questions in your mind about Wealthsimple Tax, and you need answers. We will provide those so you can file your taxes with confidence.
Read More
Published by Content Creator | Updated Oct 11, 2022
What Is The Average Savings Of A Canadian By Age
The average savings by age in Canada helps determine how much people need to save at their current age. Although it should be the best approach toward financial stability, it is not the ultimate way to create savings in the long run.
Read More
Published by Content Creator | Updated Oct 11, 2022
Ontario G2 License Restrictions You Need to Know
Do you have a full G driver’s license? Would you like to know about the Ontario G2 license restrictions to avoid any penalty and license suspension? If so, read on.
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
OAS Payment Dates 2022: What You Need To Know
OAS Payment Dates 2022 Many Canadians struggle with finances, whether it’s debt, budgeting, or taxes. As a senior citizen, you have more financial challenges to consider as you approach retirement. Some financial challenges for seniors include paying off debt, reverse mortgages, confusing bank fees, identity theft, healthcare costs, living with lower income and more. Debt… Continue reading OAS Payment Dates 2022: What You Need To Know
Read More
Published by Mohamed Konate | Updated Oct 16, 2021
Senior Discounts in Canada
It is a ordinary promotion for companies and organizations to offer senior discounts. While there is no standard discount or age to qualify, you may want to consider spending your money at one of the retailers that offer a discount for seniors. The age cutoff for senior discounts is often around 65 years of age… Continue reading Senior Discounts in Canada
Read More
Published by Mohamed Konate | Updated Oct 13, 2021
Canada Recovery Benefit
Canada Recovery Benefit: How to apply for Canadian recovery benefits COVID-19 has hit the Canadian economy hard. Travel, tourism, and hospitality have been shut down on and off since March 15, 2020. Although these are the hardest hit industries, many companies have been affected by lockdowns and other effects of the pandemic indirectly. Hours and… Continue reading Canada Recovery Benefit
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
Ontario Trillium Benefit Dates 2022
The Ontario Trillium Benefit is refundable tax credit for low to moderate income residents of Ontario. It was created by the provincial government in 2011 and combines three previous credits: The Northern Ontario Energy Credit, the Ontario Energy and Property Tax Credit, and the Ontario Sales Tax Credit. If in 2022 you filed your taxes… Continue reading Ontario Trillium Benefit Dates 2022
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
VISA vs Mastercard: What’s the Difference?
Credit cards can be complicated. There are different types, with unique costs, requirements, rewards, benefits, sign up bonuses – and the list goes on. Internationally, the two most widely accepted credit cards are VISA and Mastercard. But, what is the difference between them? To start, both VISA and Mastercard are not actual credit cards or… Continue reading VISA vs Mastercard: What’s the Difference?
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
Canada Child Benefit Payment Dates 2022
The Canadian government is dedicated to helping families care for their children, especially during this tough economic time. Raising families can be a difficult and expensive task as is, but is even more challenging when you’re unemployed or don’t have access to resources, such as childcare. Canada has several support systems in place to help… Continue reading Canada Child Benefit Payment Dates 2022
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
Costco Membership
With 105 locations across Canada, Costco is a bulk shoppers paradise. To shop there, you need a membership, which comes with a fee. Memberships have various levels, some of which have extra benefits. Deciding if a Costco membership is right for you depends on a few factors. Whether or not a location is near you… Continue reading Costco Membership
Read More
Published by Mohamed Konate | Updated Feb 23, 2022
6 Steps to Take to Improve Your Credit Score
Navigating your credit score and trying to improve it can be a confusing and complicated process. Your credit score will influence the outcome of a car loan, credit card or mortgage application. Really anything to do with money and payments can be influenced by your credit score. This is why so many people try to… Continue reading 6 Steps to Take to Improve Your Credit Score
Read More
Published by Mohamed Konate | Updated Feb 09, 2022
Refresh Financial Review
Refresh Financial Review 2022   Refresh Financial offers people with no credit history or poor credit scores the chance to improve their credit standing. Their loans do not provide you money upfront, and instead are designed to discourage building debt by securing savings you can use conveniently like credit without the worry. When you make… Continue reading Refresh Financial Review
Read More
Published by Mohamed Konate | Updated Feb 09, 2022
MoneyGram Review:Everything You Need To Know
MoneyGram Review 2022   MoneyGram is the second-largest money transfer company in the world. They make it easy to send money overseas with several locations for pickups. You can also use the service for bank transfers. Here we look at the services they offer, how it works and whether it is a suitable service for… Continue reading MoneyGram Review:Everything You Need To Know
Read More
Published by Mohamed Konate | Updated Feb 23, 2022
The Importance of an Emergency Fund
Have you ever heard the phrase, “save for a rainy day?” You probably heard it from a friend, parent or family member at some point in time. A rainy day is an unexpected event in the future that will likely impact your finances. For example, losing your job or an unforeseen sickness. An emergency fund… Continue reading The Importance of an Emergency Fund
Read More
Published by Mohamed Konate | Updated Feb 09, 2022
Fairstone Loans Review 2022
Fairstone has been in business in Canada since 1923. They offer alternative lending solutions. Alternative meaning that, they are not a traditional bank, but rather a financial services company. They offer higher interest rates than banks, but lower than payday lenders. With over 240 branches and a wide range of retail and auto partners, Fairstone… Continue reading Fairstone Loans Review 2022
Read More
Published by Mohamed Konate | Updated Feb 23, 2022
How to Cancel a Credit Card
Credit cards are one of the most common, convenient, and accessible forms of credit. As long as you have a decent credit score, you can access a credit card. In the case of individuals with poor credit, you can still access a secured credit card. Most credit cards have higher than average interest rates, normally… Continue reading How to Cancel a Credit Card
Read More
Published by Mohamed Konate | Updated Mar 06, 2022
What is the Difference Between a Store Card and a Credit Card?
  Have you ever been in your favourite store and someone approaches you, clipboard in hand asking if you’d like to apply for a store card? Or maybe you tried to pay for your purchase using a credit card and the cashier suggests applying for a store card? While you might think this is the… Continue reading What is the Difference Between a Store Card and a Credit Card?
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
Best Credit Cards for Emergencies in 2022
Facing financial emergencies when you don’t have the savings to cover your costs can find you scrambling to find credit in a pinch. When this happens it can be overwhelming determining which credit cards offer the best terms for your situation. While credit cards aren’t always the best option for financial emergencies, in some cases… Continue reading Best Credit Cards for Emergencies in 2022
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
How to Write a Cheque in Canada : 7 Steps You Need To Know
A cheque is a type of legal, financial document. It is used to transfer funds from one entity to another. Cheque usage goes back to ancient Roman civilization, as many historians believe. The payment method has appeared in nearly all cultures, but the specifics vary from community to community. With that said, nearly every society… Continue reading How to Write a Cheque in Canada : 7 Steps You Need To Know
Read More
Published by Mohamed Konate | Updated Jan 24, 2022
The Best Budgeting Apps and Personal Finance Apps 2022
One of the greatest things about being a part of the digital age is that there’s a technology solution to virtually every problem. Personal finance and budgeting is no exception. If you’re managing your finances in excel, or worse, with a pen and paper, it might be time to consider another solution. Not only will… Continue reading The Best Budgeting Apps and Personal Finance Apps 2022
Read More
Published by Mohamed Konate | Updated Jan 24, 2022
The Best Personal Finance Blogs In 2022
  One of the best ways to brush up on your personal finance skills is through self education. In the old days, this was challenging to do because self help resources weren’t readily available. However, in the digital age, we have nearly everything at our fingertips. There is a plethora of content out there dedicated… Continue reading The Best Personal Finance Blogs In 2022
Read More
Published by Mohamed Konate | Updated Feb 09, 2022
Triangle Rewards Program Overview 2022
Canadian Tire Triangle Rewards Program Overview In 2015, Canadian Tire launched the Triangle Rewards program. In addition to this program, there is the Canadian Tire Money rewards program which has been active since 1922. Many Canadians are familiar with this incentive because it features literal money tender. Physical Canadian Tire Money features a fictitious character… Continue reading Triangle Rewards Program Overview 2022
Read More
Published by Mohamed Konate | Updated Jan 24, 2022
Best Personal Finance Books of 2022
Best Personal Finance Books You Should Read to Grow & Establish Wealth Personal finance is among the hottest topics of the 21st century. There are several reasons why personal finance knowledge is heavily sought after. For one, the economic playing field has changed drastically over the last 100 years. It is also more onerous on… Continue reading Best Personal Finance Books of 2022
Read More
Published by Mohamed Konate | Updated Feb 09, 2022
HSBC Rewards Program: Everything You Need To Know
  HSBC is among the world’s biggest banking and financial services institutions. The organization offers numerous services including personal banking, commercial banking and global banking. It is one of the best financial institutions for international banking needs. Their network spans 64 countries including regions within Europe, Asia, Africa, North America, the Middle East and Latin… Continue reading HSBC Rewards Program: Everything You Need To Know
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
Amazon Prime Canada Review 2022
What is Amazon Prime Canada? Amazon Prime Canada is a subscription-based service that allows its subscribers access to quick shipping, streaming video and music content, exclusive member-only deals, and access to a free digital library. Amazon Prime was launched in America in 2005 but was not available to the Canadian Market until seven years later… Continue reading Amazon Prime Canada Review 2022
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
Best Places to Live in Canada in 2022
Where is the Best Places to Live in Canada?   O, Canada! This northern country is one of the premier places to live in the world because of its contrasting populations, stunning terrains and the peaceful demeanour of its society. These may be obvious, but there are various reasons why residents are proud to be… Continue reading Best Places to Live in Canada in 2022
Read More
Published by Mohamed Konate | Updated Feb 09, 2022
Student Loans Guide Canada
Thinking about pursuing a postsecondary degree but wondering how to get the money to do so? Most people do not have the money to pay for their college experience upfront, which is where student loans come into play. A college degree is one of the most expensive things you will ever purchase, and it can… Continue reading Student Loans Guide Canada
Read More
Published by Mohamed Konate | Updated Feb 09, 2022
H&R Block Canada Review 2022
Throughout Canada, every individual is required to file an annual tax return and those who are working, whether for an employer or themselves, are required to pay taxes on their earnings. Additionally, those who own a business are required to pay taxes on employee wages and submit payroll information to the Canada Revenue Agency (CRA)… Continue reading H&R Block Canada Review 2022
Read More
Published by Mohamed Konate | Updated Jan 24, 2022
Tangerine Bank review 2022: What you need to know
Founded in 1997 as ING Direct, Tangerine was one of the first direct banking institutions in Canada. It allows Canadians to bank virtually, without the need for visiting a branch. This alternative to traditional banking results in reduced account fees thanks to Tangerine’s lack of overhead costs. Additionally, the lack of overhead costs results in… Continue reading Tangerine Bank review 2022: What you need to know
Read More
Published by Mohamed Konate | Updated Feb 09, 2022
ICICI Bank Canada Review: Everything you need to know
ICICI Bank Canada is a subsidiary of ICICI Bank Limited which is headquartered in India. ICICI Bank Limited has operations across the world in countries such as the United Kingdom, Oman, South Africa, the USA, Hong Kong, Dubai, and more. ICICI Bank Canada is the subsidiary that operates within Canada and was launched in 2003.… Continue reading ICICI Bank Canada Review: Everything you need to know
Read More
Published by Mohamed Konate | Updated Jan 24, 2022
Best Banks in Canada in 2022: Everything you need to know
Looking for a new bank? Canadians are spoiled when it comes to banking options, but if you are looking at opening a new account you probably just feel overwhelmed. My Rate Compass has created an easy to follow guide to help you understand the key differences between banking institutions and a guide to the best… Continue reading Best Banks in Canada in 2022: Everything you need to know
Read More
Published by Mohamed Konate | Updated Nov 19, 2021
Vancity Credit Union
Vancity Credit Union Review Vancouver City Savings Credit Union, known to most as the Vancity Credit Union, is the largest-sized credit union in British Columbia and the greater Canada region. Currently, the credit union boasts over 534,866 members and manages over 26 billion assets for clients across the nation. Formed in 1946, the bank offers… Continue reading Vancity Credit Union
Read More
Published by Mohamed Konate | Updated Feb 27, 2022
PC MasterCard Canada
PC MasterCard Canada: All you need to know President’s Choice Financial Mastercard Review  The President’s Choice Financial MasterCard is a basic no-fee credit card that is ideal for families and individuals who frequent stores where President’s Choice products are sold, including Joe Fresh, Loblaws, Real Canadian Superstore, and more.   Annual Fee: $0 Additional Card Fee:… Continue reading PC MasterCard Canada
Read More
Published by Mohamed Konate | Updated Feb 27, 2022
President’s Choice Financial Mastercard
The President’s Choice Financial MasterCard: All You Need to Know President’s Choice Financial Mastercard Review The President’s Choice Financial MasterCard is a basic no-fee credit card that is ideal for families and individuals who frequent stores where President’s Choice products are sold, including Joe Fresh, Loblaws, Real Canadian Superstore, and more.   Annual Fee: $0 Additional… Continue reading President’s Choice Financial Mastercard
Read More
Published by Mohamed Konate | Updated Feb 27, 2022
How To Get CRA Login Information?
How To Get CRA Login Information? In order to obtain a CRA login, you must register for CRA My Account. You can either use a sign in bank partner, an ID and password, or BC Services Card. You will be asked some personal information questions as a part of the registration process. Have your SIN… Continue reading How To Get CRA Login Information?
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
How To Register My Account for CRA?
How To Register My Account for CRA? You can register for My Account online. Registration is possible using a sign-in partner which is a financial institution. However, your financial institution must be registered with CRA. Alternatively, you can create an ID and password to register. In British Columbia, there is a special option to register with… Continue reading How To Register My Account for CRA?
Read More
Published by Mohamed Konate | Updated Feb 27, 2022
Can CRA Access My Bank Account?
Can CRA Access My Bank Account? The CRA can access information from all Canadian financial institutions. However, they will not do so unless they have a reason to look. If they do have a reason, such as to check for undeclared investment income or registered account over contributions, they can access your bank account information. This includes… Continue reading Can CRA Access My Bank Account?
Read More
Published by Mohamed Konate | Updated Feb 27, 2022
Can The CRA See My Bank Account?
Can The CRA See My Bank Account? The CRA can access information from all Canadian financial institutions. However, they will not do so unless they have a reason to look. If they do have a reason, such as to check for undeclared investment income or registered account over contributions, they can access your bank account information. This… Continue reading Can The CRA See My Bank Account?
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
GST Payment Dates 2022
If you landed on this page, you may have searched on Google for GST Payment dates 2022. My Rate Compass will  save you time as we’ve outlined the important dates you should know.” GST Payment Dates 2022: GST/HST Credit Overview   What is the goods and services tax/harmonized sales tax (GST/HST) credit?   The goods and… Continue reading GST Payment Dates 2022
Read More
Published by Mohamed Konate | Updated Feb 27, 2022
Can I Print My T4 From My CRA account?
Can I Print My T4 From My CRA account? The majority of employers provide their T4 slips to the CRA which allows individuals to access their T4s on their My CRA account. However, there are exceptions to this rule, but check before reaching out to your employer directly. Other CRA Account FAQs Can The CRA… Continue reading Can I Print My T4 From My CRA account?
Read More
Published by Mohamed Konate | Updated Feb 27, 2022
Does CRA Call You?
Does CRA Call You? Yes, the CRA does call you, but it is uncommon. Usually the CRA will contact you by phone if they’re trying to collect tax debt. However, the most common form of correspondence is by mail and email. If you get a call from the CRA, there is a good chance it… Continue reading Does CRA Call You?
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
How Do I Get My CRA Notice of Assessment?
How Do I Get My CRA Notice of Assessment? After you submit a tax return to the CRA, you should receive a notice of assessment in the mail. If you’d like to request a copy of an older notice of assessment, call 1 (800) 959 – 8281. If you reside in the Yukon, Northwest Territories… Continue reading How Do I Get My CRA Notice of Assessment?
Read More
Published by Mohamed Konate | Updated Feb 23, 2022
TD Rewards Points
TD Rewards Points Overview: Everything you need to know   Toronto Dominion bank, TD for short, is Canada’s second largest bank. Similarly, to other big Canadian banks, TD offers a comprehensive loyalty program to their customers, specifically their credit card users. Loyalty program members get the most bang for their buck when they use their… Continue reading TD Rewards Points
Read More
Published by Mohamed Konate | Updated Feb 09, 2022
Registered Education Savings Plans (RESPs) Guide
What You Need to Know About RESPs for 2022   A Registered Education Savings Plan, RESP for short, is a registered account with the Canadian government that is designed to help parents save for their child’s future post-secondary education. As you’re probably aware, post-secondary education isn’t exactly the cheapest and the sooner you start investing,… Continue reading Registered Education Savings Plans (RESPs) Guide
Read More
Published by Mohamed Konate | Updated Feb 23, 2022
GICs Explained
GICs Explained: Everything you need to know   GICs, short for Guaranteed Investment Certificates, are a valuable investment because of their low risk and helpfulness when saving. GICs are easy to open, but once your money is locked in, you might not be able to access the funds until the end of the GICs term.… Continue reading GICs Explained
Read More
Published by Mohamed Konate | Updated Mar 06, 2022
Capital Gains Tax Canada Explained
Capital Gains Tax Canada: What you need to know   A capital gain arises when the value of your investment on the market or selling price is greater than the original price you paid. Whenever you earn a capital gain it’s wonderful! However, the downside is you’re required to pay taxes on capital gains. You… Continue reading Capital Gains Tax Canada Explained
Read More
Published by Mohamed Konate | Updated Feb 23, 2022
How to Save for a House
Here’s How to Save for a House Down Payment in Canada in 2021     In 2021, due to the COVID-19 lockdown, saving money for a house down payment has become even more difficult than before. If people needed to cut costs before the crisis, now they need to be even more stringent with their… Continue reading How to Save for a House
Read More
Published by Mohamed Konate | Updated Feb 23, 2022
Scotia Rewards Points Program
Scotia Rewards Points Program Review     Over our last couple of reviews, we’ve taken a break from reviewing all the different financial services offered by several of Canada’s leading banks and instead honed in on credit card loyalty programs designed to reward customers for using their bank-issued credit cards to make purchases on all… Continue reading Scotia Rewards Points Program
Read More
Published by Mohamed Konate | Updated Feb 09, 2022
CIBC Rewards Review 2022
CIBC Rewards Program review 2022: Everything you need to know   The Canadian Imperial Bank of Commerce is the result of a 1961 merger between the Canadian Bank of Commerce and the Imperial Bank of Canada. The Canadian Bank of Commerce traces its roots all the way back to 1867, founded to compete against the… Continue reading CIBC Rewards Review 2022
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
SCENE Rewards
SCENE Rewards Program Review 2022: Everything you need to know about CINEPLEX Scene Points      Sticking with our transition to retail customer loyalty programs that began with our last review of Tim Hortons’ Tims Rewards program, today we’re going to explore the widely popular SCENE Rewards program offered by Cineplex in partnership with Scotiabank.… Continue reading SCENE Rewards
Read More
Published by Mohamed Konate | Updated Feb 09, 2022
Tim Hortons Rewards
Tim Hortons Rewards Program Review 2022: Tim Rewards     We have spent some time over our last reviews looking at the customer loyalty programs of several of Canada’s largest financial institutions. Structured in the form of credit card rewards programs, the bank loyalty programs that we’ve seen reward customers for using their bank credit… Continue reading Tim Hortons Rewards
Read More
Published by Mohamed Konate | Updated Nov 19, 2021
EQ Bank Review 2021
EQ Bank review 2021   We’ve spent out last couple of reviews looking at several different credit unions across Canada. We’ve explored the basics of those financial institutions, explained how they resemble and how they differ from traditional banks, and the services they offer. But today we’re going to shift our focus for bit. While… Continue reading EQ Bank Review 2021
Read More
Published by Mohamed Konate | Updated Feb 09, 2022
BMO Rewards Points Program
BMO Rewards Points review: How to get the most Out of Your BMO rewards Points   The Bank of Montreal, more commonly known as BMO, is Canada’s oldest financial institution. Founded more than 200 years ago, BMO started out as a primarily commercial lenders intended to help business customers do business in and around Montreal.… Continue reading BMO Rewards Points Program
Read More
Published by Mohamed Konate | Updated Feb 23, 2022
WestJet Rewards
WestJet Rewards:How the WestJet Rewards Program Works   WestJet is Canada’s second-largest air carrier, trailing only AirCanada in volume of passengers transported each year. WestJet began as a budget alternative to the major air carriers in 1996, providing service to just a few destinations in Western Canada (hence the name WestJet), but it quickly expanded… Continue reading WestJet Rewards
Read More
Published by Mohamed Konate | Updated Oct 16, 2021
Mogo Finance Review
Mogo Finance Review Mogo Finance Technology, a fintech company founded in Vancouver back in 2003, has been offering a wide range of financial services to Canadian customers. Over the years, they have helped millions of Canadian customers to gain access to the best identity fraud protection services, personal loans, mortgages, and even Prepaid VISA cards.… Continue reading Mogo Finance Review
Read More
Published by Mohamed Konate | Updated Feb 23, 2022
Charge Card vs. Credit Card
Everything you need to Know about a Charge Card in 2021   In 2021, Canadians searching for new financial products will discover that they can choose two main types of cards: charge cards and credit cards. Both charge and credit cards allow users to gain instant access to money, compared to debit cards, such as… Continue reading Charge Card vs. Credit Card
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
Apple Credit Card
Apple Credit Card for Canadians -Full 2022 Review    A growing number of Canadian residents are becoming Apple fans in 2022. What’s truly amazing is that they are not falling in love with this Silicon Valley giant due to their laptops or smartphones, but because of their innovative credit card.    Since Apple launched its… Continue reading Apple Credit Card
Read More
Published by Mohamed Konate | Updated Feb 23, 2022
RBC Rewards Program
  How To Get the most of The RBC Rewards Program     The Royal Bank of Canada, also known as RBC, is Canada’s largest commercial bank. RBC employs more than 85,000 people around the globe and serves over 16 million customers each year. RBC offers a full suite of personal and commercial financial services.… Continue reading RBC Rewards Program
Read More
Published by Mohamed Konate | Updated Jan 30, 2022
KOHO Prepaid Visa Review 2022
KOHO Visa Review     You’ve probably seen the ads by now. The new kid on the block is poised to make for itself a great entry in the Canadian financial market, offering a whopping 1% cashback on all purchases. This new player has a new mission in mind, which is to enable all Canadians… Continue reading KOHO Prepaid Visa Review 2022
Read More
Published by Mohamed Konate | Updated Feb 23, 2022
How to Save for a Car
How to Save Money for a car      Buying the car of your dreams in 2021 might prove to be quite a daunting task. Even if you want to purchase a used car, you’ll still need quite a lot of money stored aside. On top of all, the lockdown has made many people lose… Continue reading How to Save for a Car
Read More
Published by Mohamed Konate | Updated Oct 13, 2021
Rakuten Canada Review (Previously ebates.ca)
Rakuten Canada review   Rakuten (Ebates) Canada is an online cash back shopping portal for many retailers.Today, we’re going to explore the service offered by Rakuten Canada. So, keeping reading to learn all about how this service works, why it exists, and whether it’s a good idea to use it. What is Rakuten? Rakuten is… Continue reading Rakuten Canada Review (Previously ebates.ca)
Read More
Published by Mohamed Konate | Updated Nov 19, 2021
Blueshore Financial review
Blueshore Financial credit union review   Here at Myratecompass’s, we strive to provide our readers with a comprehensive look into as many financial institutions as we can. This includes traditional banks, credit unions, and investment firms, as well as their modern, online-only counterparts. We’ve looked at several online-only institutions recently, so today we’re stepping out… Continue reading Blueshore Financial review
Read More
Published by Mohamed Konate | Updated Apr 18, 2022
Wealthsimple review 2022: Pricing,features,pros and cons
Wealthsimple review   We’ve spent considerable time recently looking at banks and bank-like financial institutions, including credit unions and online-only banks. These consumer-facing institutions are designed primarily to give customers a place to store their money in a place that is safer and more convenient than simply stashing it under the mattress. Credit unions and… Continue reading Wealthsimple review 2022: Pricing,features,pros and cons
Read More
Published by Mohamed Konate | Updated Oct 22, 2021
Simplii Financial Review 2021
Simplii Financial Review:Online Only Bank     Simplii Financial Quick Overview:   Simplii Financial is an online bank that came to provide services to Canadians in the fall of 2017. Simplii Financial has joined other major players in the digital banking world, such as Tangerine, EQ Bank and Motive Financial.  Some benefits noted of banking… Continue reading Simplii Financial Review 2021
Read More
Published by Mohamed Konate | Updated Feb 09, 2022
TurboxTax Canada Review 2022
TurboTax Canada: An In-Depth Review   The past few years have seen a significant increase in taxpayers filing their returns electronically. In 2018, over 88% of tax returns were submitted online, mostly using the EFILE and NETFILE methods. TurboTax Canada is currently one of the most preferred online tax software in Canada – for good… Continue reading TurboxTax Canada Review 2022
Read More
Published by Mohamed Konate | Updated Oct 13, 2021
Alterna Bank review
Alterna Bank review Today, we’re going to take a look at Alterna bank.Alterna Bank is a digital Canadian bank offering financial services such as savings, chequing, investments, and mortgages.  There is no question that the internet has fundamentally changed the way we live, work, entertain ourselves, stay in touch with friends and family and, of… Continue reading Alterna Bank review
Read More
Published by Mohamed Konate | Updated Oct 13, 2021
Oaken Financial review
Oaken Financial review:GIC and savings account   As more and more players enter the financial services market, it becomes increasingly important for each one to set itself apart from the rest. Many have chosen to do this by specializing their services and focusing their efforts on serving only one particular portion of the market as… Continue reading Oaken Financial review
Read More
Published by Mohamed Konate | Updated Nov 19, 2021
Motusbank Review
Motusbank Review:Online bank with Mortgages, High Interest Savings Accounts and Personal Loans.   In our last review, we introduced you to a unique concept you may not have heard about before: the online-only bank. These types of financial institutions forgo maintaining physical bank branches and instead opt to exist solely in the digital sphere. Digital… Continue reading Motusbank Review
Read More
Published by Mohamed Konate | Updated Nov 19, 2021
Servus Credit Union Review
Servus Credit Union Review   So far on this site we’ve taken a look at a couple of Canada’s leading credit unions. We’ve explained the basic ideas that drive these unique financial institutions, how they function, and the services they offer. If you’re a returning reader, you may remember how we compared and contrasted credit… Continue reading Servus Credit Union Review
Read More
Published by Mohamed Konate | Updated Nov 19, 2021
Affinity Credit Union Review
Affinity Credit Union Review     We’ve spent a bit of time looking at credit unions in the past, but you still may be wondering exactly how they differ from a regular bank. The answer to that question, at least from the everyday consumer’s standpoint, is “not much.” There are, however, a couple of key… Continue reading Affinity Credit Union Review
Read More
Published by Mohamed Konate | Updated Oct 13, 2021
How to make money online
  Most people used to think that being employed was the only way to make money. However, this trend had changed over the years. As we speak, you will realize that many people have appreciated the concept of working online and generating an income. Nowadays, it has become the new norm. All you need to… Continue reading How to make money online
Read More
Published by Mohamed Konate | Updated Oct 16, 2021
Debt Consolidation Canada
The basics of debt consolidation in Canada   We hear a lot of talk about “debt” in the news today. We hear about the national debt, mortgage debt, student loan debt, auto loans, personal loans, financing agreements, and myriad other forms of debt. And the unique and creative ways that companies develop to keep consumers… Continue reading Debt Consolidation Canada
Read More
Published by Mohamed Konate | Updated Nov 19, 2021
Meridian Credit Union Review
Meridian Credit Union Review   A credit union is a financial institution that is owned by its Members and is a cooperative. Credit unions operate on the principle of people helping each other. One way credit unions achieve this is by offering members competitive rates and optimal financial services.   The largest credit union in… Continue reading Meridian Credit Union Review
Read More
Published by Mohamed Konate | Updated Oct 16, 2021
How to download your Notice of Assessment in your CRA My Account?
The notice of assessment (NOA) is an evaluation of your tax return that the Canada Revenue Agency sends you every year after you file your tax return.   Follow the 3 steps below to download a PDF copy your Notice of Assessment from the Canada Revenue Agency (CRA) website Step 1: Sign into your CRA… Continue reading How to download your Notice of Assessment in your CRA My Account?
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
How to Access Your My Service Canada Account?
How to Access Your My Service Canada Account?   My Service Canada Account (MSCA) is a secure online portal offered by the Canadian government to enable Canadians to access their information such as: Employment Insurance (EI), Canada Pension Plan (CPP) Old Age Security (OAS) Below are the steps to access My Service Canada Account:  … Continue reading How to Access Your My Service Canada Account?
Read More
Published by Mohamed Konate | Updated Oct 16, 2021
CRA Income tax filing 2021 and payment dates-COVID 19
CRA Tax Filing Deadline 2021 There are penalties for failing to file your taxes in a timely manner in Canada, which is why it is vital to know exactly when your taxes are due this year. Not only will you face federal and provincial penalties if you file later, but interest charges will accrue on… Continue reading CRA Income tax filing 2021 and payment dates-COVID 19
Read More
Published by Mohamed Konate | Updated Oct 11, 2022
CPP Payment Dates
CPP Payment Dates and Guide If you landed on this page, you may have searched on Google for CPP Payment dates. We’ve saved the time and outlined the important dates you should know. The Canada Pension Plan, abbreviated as CPP, is a social insurance program offered to Canadians by the federal government. So long as… Continue reading CPP Payment Dates
Read More
Published by Mohamed Konate | Updated Mar 06, 2022
How To Maximize Your PC Optimum Points in 2022
PC Optimum Program Overview  Wouldn’t it be great if you could earn and save on everyday purchases such as groceries and toiletries? Fortunately, you can with the PC Optimum program! As a PC Optimum loyalty member, you can earn on everyday purchases with PC partner merchants, such as Loblaws, Shoppers Drug Mart, Joe Fresh and… Continue reading How To Maximize Your PC Optimum Points in 2022
Read More
Published by Mohamed Konate | Updated Feb 23, 2022
Aeroplan Rewards
Aeroplan Rewards Program Overview   Canadians are lucky to have a plethora of loyalty programs available to them. One of the most iconic travel-based programs available is Aeroplan. Members of the Air Canada provided loyalty program can collect points while spending on everyday purchases. Once a member has earned enough points, they can make a… Continue reading Aeroplan Rewards
Read More
Published by Mohamed Konate | Updated Mar 06, 2022
Minimum Wage in Canada by Province
The minimum wage was first introduced in British Columbia and Manitoba in 1918 to protect children, women, and non-unionized workers with the other Canadian provinces and territories soon following suit. By 1920 the minimum wage was in place across Canada. (with the exception of Prince Edward Island which held out until 1960) Its intention was… Continue reading Minimum Wage in Canada by Province
Read More
Published by Mohamed Konate | Updated Feb 27, 2022
How to Register for CRA My Account
How to set up your CRA My Account   CRA My Account is a secure portal from Canada Revenue Agency that lets you view your personal income tax and benefit information and manage your tax affairs online.   Advantages of using CRA My account   Accessible – It is available 21 hours a day, 7 days… Continue reading How to Register for CRA My Account
Read More
Published by Mohamed Konate | Updated Oct 16, 2021
Tax Brackets Canada 2021
Tax Brackets Canada 2021:Everything you need to know Tax Bracket Overview It is important to understand the tax bracket system in Canada otherwise you may be slapped with more taxes during tax season than you are prepared to pay. Canada has a progressive tax system which essentially means that you are taxed proportionately based on… Continue reading Tax Brackets Canada 2021
Read More
Published by Mohamed Konate | Updated Mar 06, 2022
GST Payment Dates
If you landed on this page, you may have searched on Google for GST Payment dates. My Rate Compass will save you time as we’ve outlined the importants dates you should know.” GST Payment Dates: GST/HST Credit Overview   What is the goods and services tax/harmonized sales tax (GST/HST) credit?   The goods and services… Continue reading GST Payment Dates
Read More
Published by Mohamed Konate | Updated Feb 27, 2022
PC Financial Mastercard Reviews and Comparison
3 PC Financial Mastercards Reviewed: All you need to know President’s Choice Financial Mastercard Review The President’s Choice Financial MasterCard is a basic no-fee credit card that is ideal for families and individuals who frequent stores where President’s Choice products are sold, including Joe Fresh, Loblaws, Real Canadian Superstore, and more.  Annual Fee: $0 Additional… Continue reading PC Financial Mastercard Reviews and Comparison
Read More
Published by Mohamed Konate | Updated Feb 23, 2022
Air Miles Points Guide
In Canada, there are various travel loyalty programs, one of which is the Air Miles program. Perhaps you’re an existing Air Miles member and want to learn more, or maybe you’re entirely new to the program. Regardless, you can learn all about the Air Miles program in this guide, such as the different types of… Continue reading Air Miles Points Guide
Read More
Published by Mohamed Konate | Updated Feb 27, 2022
Canadian Bank Institution Numbers
Canadian Bank Institution Numbers  Below is the list of institution number of the largest financial institutions in Canada.The institution number is a unique 3-digit code use to identify each financial institution. Canadian Bank Institution Numbers of the major banks (BMO) Bank of Montreal: 001 (Scotiabank)The Bank of Nova Scotia:002 (RBC) Royal Bank of Canada: 003… Continue reading Canadian Bank Institution Numbers
Read More
Published by Mohamed Konate | Updated Feb 27, 2022
Expedia for TD
Expedia for TD: What You Need to Know   When TD introduced the Expedia for TD program, travel enthusiasts across Canada couldn’t believe the amazing deals they were accessing! Today, Expedia for TD is known to be one of the greatest travel based credit card programs in Canada. Whether you’re already a part of Expedia… Continue reading Expedia for TD
Read More
Published by Mohamed Konate | Updated Feb 27, 2022
Mortgage Brokers vs Banks
What is the Difference Between a Bank Mortgage Representative and a Mortgage Broker?   Is 2020 the year you purchase a home? If so, you might feel a little overwhelmed by all of the working parts of the process – one of which is choosing who to work with to obtain your mortgage. Two common… Continue reading Mortgage Brokers vs Banks
Read More
Published by Mohamed Konate | Updated Feb 23, 2022
Canadian Retirement Savings Plans: RSP versus RRSP
  Chances are you don’t want to work for the rest of your life, who does? Planning for retirement involves saving money to support your retirement which can be done through various saving plans.   In Canada, there are two common terms for these savings plans: Retirement Savings Plan, or RSP for short, and Registered… Continue reading Canadian Retirement Savings Plans: RSP versus RRSP
Read More
Published by Mohamed Konate | Updated Nov 19, 2021
Prime Rate
Prime Rate Canada   A prime rate is the annual interest rate that the majority of Canadian banks and other financial institutions utilize to set interest rates for financial products. Prime rates are also referred to as prime lending rates. Whenever you apply for a loan with a variable interest rate, the lender will give… Continue reading Prime Rate
Read More
Published by Mohamed Konate | Updated Mar 06, 2022
Back-to-school shopping on a budget
6 Tips To Save On Back To School Shopping Back-to-school shopping is the second biggest retail event of the year. The only time Canadians spend more is during the winter holiday season. The difference between the two busy shopping times are, when you shop for Christmas it’s for a number of different people and most… Continue reading Back-to-school shopping on a budget
Read More
Published by Mohamed Konate | Updated Mar 06, 2022
How to keep your summer spending in check
Summer’s here and it’s time to celebrate in the sun. Money experts love to talk about how expensive the winter holiday season is, but fail to warn families how pricey the summer holidays can be too. Unlike the Christmas holidays, that last only a few days, the summer holiday is a two month long event.… Continue reading How to keep your summer spending in check
Read More
Published by Mohamed Konate | Updated Mar 06, 2022
How to Manage Your Finances
We all want to get better with money. We want to have enough money for emergencies and invest in retirement instead of struggling to  make ends meet and pay off our debt at the end of the month. The truth is, managing your finances is mostly behavioral. It’s not rocket science, but it does require… Continue reading How to Manage Your Finances
Read More
Published by Mohamed Konate | Updated Mar 06, 2022
Fraud Prevention Guide
Practical Ways to Avoid Credit Card Fraud and Identity Theft Fraud affects consumers both online and off. It has been estimated that Canadians lost over $290 million through fraud from 2014 to 2016. Being aware of the different scams and methods of fraud will help you stay a step ahead of these criminals. In this… Continue reading Fraud Prevention Guide
Read More