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Canadians Declaring Bankruptcy

01 Nov Top Reasons Canadians are Declaring Bankruptcy and How to Bounce Back

Posted at 07:28h in Bankruptcy, Blog by Derek L. Chase, CPA, CA, LIT

Are you curious about why some Canadians are declaring Bankruptcy? It's essential to remember that Bankruptcy isn't the end of the road; it can be a fresh start on your...

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household debt canada

27 Aug Household Debt and Insolvencies are Surging in Canada

Posted at 08:42h in Blog, Debt by Derek L. Chase, CPA, CA, LIT

It does not take a PHD in Economics to see that life has become more difficult for Canadians. A casual review of the news headlines will tell you that household...

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Licensed Insolvency Trustees (LIT)

03 Apr How do Insolvency Trustees Get Paid?

Posted at 19:25h in Bankruptcy, Blog, Consumer Proposal, Licensed Insolvency Trustees by Derek L. Chase, CPA, CA, LIT

When we meet with individuals, or directors of a corporation, in order to provide them with information about possible options that are available to deal with debt and financial problems,...

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income tax for self employed

03 Mar Income Tax Planning for Self-Employed Business Owners and Freelancers

Posted at 12:45h in Blog, Money Management by Derek L. Chase, CPA, CA, LIT

In 2020, approximately 3.2 million Canadians filed their income tax as self-employed workers. If you’re self-employed, you know the realities of managing a business. Staying current with the rules that...

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staycation

26 Feb Reduce Travelling Costs – Staycation Ideas For A Family Trip

Posted at 15:26h in Blog, Money Management by Derek L. Chase, CPA, CA, LIT

A vacation can be a great escape from the pressures of life. We all need a break to relax and recharge but sometimes, getting away for a week or two...

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break the debt cycle

22 Feb How to Break the Debt Cycle

Posted at 17:30h in Blog, Debt, Debt Consolidation by Derek L. Chase, CPA, CA, LIT

Due to rapidly rising interest rates and inflation, Canadians are finding it harder to reduce the amount of money they owe. If you make your debt payments, but your balances...

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disability income

10 Feb Debt and Disability

Posted at 12:15h in Blog, Debt, Money Management by Derek L. Chase, CPA, CA, LIT

One of the most common reasons for experiencing financial difficulty from coast to coast in Canada is from health problems. One day you are doing fine and then, maybe all...

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cost of living

18 Jan The Cost of Living in BC Compared to the Rest of Canada

Posted at 13:13h in Blog, Money Management by Derek L. Chase, CPA, CA, LIT

British Columbia is home to lush forests, incredible coastlines, stunning mountain ranges, vineyards, and much more. Before you consider relocating, you may want to consider the cost of living in...

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employment insurance (EI)

06 Nov Will Bankruptcy Affect Your Employment Insurance (EI) Income?

Posted at 15:38h in Bankruptcy, Blog by Derek L. Chase, CPA, CA, LIT

The world, and many of the world’s economies, including Canada’s, are in uncertain times. Inflation is upon us, interest rates have been rising, war and rumors of wars dominate the...

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Young Adults and Credit Card Debt

11 May Young Adults and Credit Card Debt

Posted at 05:05h in Blog, Debt, Money Management by Derek L. Chase, CPA, CA, LIT

It is important that young adults be taught financial literacy at a younger age. Teaching them how to use credit cards wisely, manage their money and more can lead to...

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