June 21, 2018

Blog

Liberals Refuse To Hear Evidence Against Stress Test

Jun 19, 2018

Less than 1 week ago, I shared an article where the Conservative Party Deputy Shadow Minister MP  for Finance, Tom Kmiec, was looking into overturning B-20 and the stress test.  Apparently the Federal Government is declining the Conservative’s proposed subcommittee review of B-20 and this is the second time the proposal has been dismissed in a matter of weeks.  What is their motivation in refusing to even hear evidence on what impact their changes are having on Canadians?  Is it all about their fragile egos or possibly because they made a mistake? “The new stress test is going to block up to…

Staying Positive In Challenging Times

Jun 12, 2018

I read a business associates’ blog the other day and it really spoke to me and was a great reminder that positivity brings positivity and vice versa.  Therefore, I am guest blogging a section of Louise Veres post.  For the full post, go to website below. I recently read an article in the Oprah magazine where she interviewed three extraordinary thinkers: Stephen Colbert (one of the wisest and most wisecracking political minds), Salma Hayek (brilliant activist and actress) and Jordan Peele (film director). Each was asked what gives them hope, given the world we live in today. While each has…

What Is The Difference?

Jun 6, 2018

Borrowing money to enhance your personal wealth or education constitutes good debt or “constructive debt”.  A mortgage, RRSP loans and student loans fall into this category.  This type of debt enhances your lifestyle and career satisfaction. Almost anyone can get a credit card whether it is solicited or unsolicited.  This type of debt is bad debt and considered “destructive debt.”  You can recognize it by applying the following four criteria: It is incurred for consumption purposes.  The money is borrowed to purchase goods or services, not for business, education or investing purposes It carries a high interest rate Servicing the…