While going through some of the Canadian personal finance blogs I have bookmarked, I came across an interesting article from The Financial Highway. The article I am talking about is titled “25 Basic Steps to Getting Rid of Debt”, the information listed does include many facts you may already know, however I found a few

For many people, we hate to admit when we are wrong; similarly, we can find it hard to admit when we are in debt. By admitting that we are in debt, we admit that we made huge mistakes with our finances. It is very important that you are able to acknowledge when you finances are

Just yesterday, we saw the Bank of Canada increase its overnight rate by 0.25%, making the rate settle at 0.50%. We all expected to see the Bank of Canada do this, seeing as they stated last month that they can increase the rate at anytime starting June 1st, 2010. With this turn of events, Canadian

At one point in our lives we will have debt. The task to getting rid of it can be daunting, to say t the very least, however it is not impossible. By following these 5 steps, it will help you climb your way out of the hole of debt you have created. 1. Track Spending

Scotiabank today announced its second quarter net income of $1.1 billion, which is an increase of $225 million of 26% compared to the second quarter in 2009. Quarter of quarter, net income has increased $109 million or 11%. Diluted earnings per share were $1.02, compared to the $0.81 in the same period last year. Revenue

Statistics Canada has released data that shows Canada’s economy has grown at an annualized rate of 6.1% in the first quarter of 2010. National Gross Domestic Product (GDP) has increased by 1.5% in the first quarter of 2010, when it is compared to the last quarter of 2009. Real GDP has increased 0.6% in March

A new report from CIBC World Markets have noted that Canada’s economic prospects should lead the G-7 nations for much of the next decade. With strong commodity demand, comparatively low government and corporate debt, not to mention favorable demographics, Canada is forecasted to shine, outpacing many other major industrialized countries for as long as 5