There are many reasons why one would seek life insurance coverage but if you have children or other dependents, life insurance should be a priority. Most of us understand the needs for having life insurance coverage, but what type of insurance would best suit you for your needs? When looking at options, applicants have been unable to avoid the debate over term vs. permanent insurance. It is important to choose wisely as the wrong type of coverage can have an big impact on your loved ones.

It’s no secret that times are tough. Canadians are making changes to their spending habits and according to the TD Insurance State of Insurance Report (http://www.newswire.ca/en/story/999989/from-coverage-to-claims-canadians-are-making-insurance-cutbacks-in-bumpy-economic-times), insurance is one of the areas getting cut.

Pooled Registered Pension Plans (PRPP) Act was approved on June 28, 2012 in order to help Canadians save for retirement.

Ever since the tax-free savings account (TFSA) and the registered retirement savings plan (RRSP) were introduced to the Canadian financial landscape, individuals have been plagued with the issue of where to park their funds. Both of these vehicles offer tax savings, but which is better? The answer is there is no answer. There are a few questions you can ask yourself to determine which one is appropriate for you.

It’s a problem most of us may only ever dream of having. We all think about the vacations we would take, the fancy cars we would buy, and the nice homes we could finally afford. But what if we actually won? Would it be as simple as claiming our winnings and heading to the nearest Porsche dealership? Probably not.