A new construction home with a walkout basement is a great investment, and can dramatically add value to your home. The walkout basement can create rental income which can be used to offset the cost of your mortgage. With interest rates at peak levels, many… Read More »Getting New Construction Homes with Walkout Basement
The real estate industry in Canada has had an unbelievable year in recent years. Although most of us were hit with a pandemic, the real estate industry in Ontario, Quebec and British Columbia has been beyond hot. We’ve seen real estate prices rise in areas… Read More »Why Do New Homes Cost So Much in Canada?
When you complete transactions on a banking app, money app or exchange app – the transactions stay within that platform. Financial institutions do not share transactional information about their customers. If you’re wondering, can my bank see my PayPal transaction? The answer is no. PayPal… Read More »Can My Bank See My PayPal Transactions?
A night depository box is a bank-secured drop box where business customers and their employees can drop off cash, coins and cheques for processing after hours. These night deposits are processed by the bank or the secured armored truck service, such as Garda or Brinks.… Read More »What Are Night Depository Services?
When a direct deposit is sent to a closed bank account, it can be re-routed to another open bank account or returned to the sender. Some banks may hold the money in an unpostables account for seven business days before returning the money. Reasons Why… Read More »What Happens if Money Goes into a Closed Bank Account?
Have you wondered, what is an originator identification number? It is a 10-digit unique number assigned to companies and organizations that debit or credit funds through ACH. This unique originator ID is unique to every company that accepts payments. For example, if you are an… Read More »What is an Originator Identification Number (ACH Payments)
Did you recently see a debit or credit in your bank account and wondering what is IND ALL Savings MSP? This is a pre-authorized payment for an Industrial Alliance savings plan that you have setup. It can be for a RRSP or RESP with Industrial… Read More »What is IND ALL Savings MSP?
Our Square One home insurance reviews is an overview of what to expect from this home insurance service. Great rates and best-in-class customer service make Square One a top pick. Currently available in Ontario, Alberta, Manitoba, British Columbia and Saskatchewan, covering: Detached Homes Rowhouses and… Read More »Square One Home Insurance Review