Phil DeMont

you’re facing a significantly higher mortgage payment at renewal, a possible solution is to extend the amortization period of your mortgage (the length of time over which your payments are spread out).

With files from Jordan Lavin There’s a lot to figure out when you first move to Canada. It doesn’t take long to learn how to shovel snow, why …

A lot of dilemmas in personal finance can be, in reality, pretty straightforward. Should you only make the minimum down payment to buy a house? Should you open an RESP for your kids as soon as … Read More

When you mention RRSPs, most people think of them as the place to stash their retirement savings. But that’s just one of their many uses.

The rule of thumb for investors is to be wary of putting your money into fixed-income investments in the current market.

Half a century ago, managing your financial accounts wasn’t really a thing. After all, you probably had just a savings and a chequing account. You might have even had an investment account. But worrying about shifting … Read More