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How Jim Flaherty Helped Create Housing Debt Crisis

Did you know that Jim Flaherty actually created 40 year mortgages with 0% down in Canada in his 2006 budget? The news media ignored that all Jim Flaherty is doing is REVERSING the very rules he created...

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Sending money between my US and Canadian Paypal accounts?

Anyway to send money between my US and Canadian Paypal accounts and not get dinged the 2.9% transaction fee? I’m not sure if labeling the payment as a gift will skirt this transaction fee. Also, if I...

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Mortgage on new RTM House

I am getting an RTM house built and i have already went with RBC for the mortgage. They are offering a rate of 3.29% 5 year fixed or a rate of 3.79% 7 year fixed. I am not sure what is going to be the...

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Would you ever borrow from HELOC account to Invest into RRSP or other stocks

Hi Everyone, If you have HELOC account with your mortgage, would you ever borrow from HELOC account for investment purposes? I have HELOC account with my rental property and I was thinking if I borrow...

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Mortgage and RRSP question

We have been paying our mortgage off pretty quickly with increased payments and lump sum. The current amount is $175 000 and we have 18 months left on our current 5 year term @ 4.35%. We never seem to...

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EFT's Between Different Banks

Hi all, I'm wondering if anybody else has encountered this situation: I'm looking to set up a new account (HELOC) at TD and was inquiring about linking my account to my other non-TD bank account so...

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I'm nervously wanting a rewards credit card, but I'm worried about the...

I canceled my credit card a few years back. I tended to carry a balance and I realize that. However, I am starting to want a credit card to pay for my gas and various purchases I would make throughout...

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Need to transfer 4k to Thai bank account

Hi, Need to transfer 4k to a thai bank account, anyone know the best, most secure/cheapest method? Cheers, Nyd

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just opened an RRSP account with TD

hey guys/girls, I opened a mutual fund RRSP ($500, $50 PPP) in the afternoon and I wanted to know If i made the right choice. I am 23 years old, and I just started my career (RN nurse). The TD rep...

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Will Negotiating the Salary Breaks the Job Offer?

Hello All. I just received a job offer by email today with a very detailed information about the terms and conditions. For reference, I am still considered a newly grad since I have only 1-2 years of...

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Housing and Condo Market can only GO UP

Hello All; I think we need a legitimate thread on house/condo market, it can only go up. I think the fundamentals are very strong in Canada, not only Toronto/Vancouver, but Canada in its entirety....

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Lots of accounts how to divvy up investments

I have the following accounts: RSP, RESP, TFSA, Trading My wife: Trading, RSP, TFSA, SRSP Here's my plan: Since the market tends to tank after I buy something I plan on doing initial buys in the normal...

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Transferring $ out of ing thrive

I noticed there are two ways to transfer money out of ing thrive Transfer (allows me to select my linked account) Electronic money transfer (the free version) What are the differences between the 2 and...

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Free Visa debit cards through TD, CIBC, other banks

Hi all, Sorry if I'm re-posting old news, but I just discovered that TD Canada Trust, CIBC and several other financial institutions have introduced free Visa debit cards. However, they don't seem to be...

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SCAM sun life financial

don't know if others got this sun life financial accidental death insurance? I already have life insurance so what is the difference if i die from natural causes and die from an accident? dead is dead...

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building credit with no debt.

I have zero debt and I am looking at building up my credit. Is there anyway to do this without increasing my income? Should I just take out a loan and pay it off over 6 months?

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TFSA Interest

I have had $10,000 in my TFSA for the past 6 months. The interest rate is 2%, every month I get about $16 and change in interest. I expect to receive $20 a month in interest. The bank says that their...

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What to know going into a "I need a loan from the bank" situation?

Hello everyone, thank you taking time to read the post. Long story short, I have 36k of student loan to pay back and it's time to start the payments (womp womp). OSAP is giving me prime + 2.5 (5.5%) at...

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MBNA + 2ndary Billing Address

I posted this in the Smart Cash thread but didn't get a response. How are you guys making purchases US online outlets/using US Paypal?? With my RBC Visa I could add a secondary billing address to have...

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Td E Series

I know there have been many posts in regards to td eSeries investing but I'm unsure if it would be worthwhile to change my current TFSA to eSeries. Currently I invest monthly (only 100$/month at the...

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