519-646-2222Blog Articles
How Banks Sell You Your Own Debt: The Hidden Loop Behind Mutual Funds, RRSPs, and 401(k)s
The debt loop that most people are unaware of – banks sell you your own debt, here’s how it works.
Read moreGreat New Business Opportunity: Homelessness!
Sadly, homelessness as with Drug Addictions and Mental Health is treated as a business by politicians and charitable organizations. Although massive amounts of money are allocated to each “cause” very little of it actually provides any help or support for the afflicted. Rather the money is soaked up by a bloated bureaucracy.
Read moreCanada’s Housing Illusion: Aging Homes, Overvaluation, and the Debt Burden
Canada’s housing illusion is a topic that frequently arises and is a very real challenge for all Canadians.
Read moreThe Debt Spiral: How Increasing Debt Fuels Inequality, Inflation, and Economic Instability – Economists are always wrong!
The only way the economy ever gets better is to tax the rich, stabilize interest rates and reduce taxes to break the debt cycle.
Read moreThe Debt Matrix in Canada: A System of Perpetual Financial Entrapment
Trapped in debt? Canada’s system offers relief—but not escape. Discover how insolvency resets the game without changing the rules.
Read moreWhy Selling the House and Renting Might Be the Smarter Move
Selling the house is a far better move that continuously adding more debt to the purchase price. Your $650,000 house will cost you millions and you’ll never own it! Stop mortgaging – mortgages serve one purpose to buy a house they should be abused to move debt around.
Read moreThe Short-Term Mortgage Problem
Mortgages Are Becoming Dangerous—And It’s Time We Face the Consequences
For decades, mortgages were considered the bedrock of homeownership and financial stability. But today’s mortgage system has drifted far from its original intent. Beneath the reassuring language of “equity” and “investment” lies a network of financial practices that are eroding personal security, inflating the housing market beyond reason, and setting the stage for long-term economic harm. If we don’t change course soon, the damage may be impossible to undo.
Read moreWhy Monopolistic Tariffs Don’t Help Workers and Hurt the Middle Class
Dummying down tariffs, people on both sides of the political spectrum have argued for and against tariffs. The bottom line is they are a ridiculous idea that have never proven any lasting economic benefit – except to the extremely wealthy. Tariffs are always monopolistic by nature and they are economically destructive, forcing up prices, reducing wages and increasing corporate profits.
Read moreCanadians’ Debt Obsession: A Deep Dive Into the Nation’s Financial Woes
Who Should Consumers Trust for Sound Financial Decisions Related to Credit?
Who should consumers trust for good financial advice? Licensed Insolvency Trustees are probably the most regulated players in entire consume debt industry. Trustees work to help you eliminate or reduce debt – the other players help you get further into debt. Choose wisely!
Read moreCaution: Why Now is Not the Time to Take on More Debt
Debt is not going away, it isn’t even going down, Canada’s debt crisis in widening everyday.
Read moreCredit Recycling: How Filing a Consumer Proposal or Bankruptcy Helps Consumers Rebuild Credit
Credit recycling – how an insolvency proceeding helps you get back on track
Read moreHow did I get in this mess? It’s all about the small stuff!!
How did I get in this mess? C’mon, you know the answer you just have to be honest with yourself!
Read moreThe Growing Burden: How Canada’s Consumer Debt and Excessive Taxation Are Harming the Middle Class
The growing burden of taxation and debt is eroding the social and economic fabric of Canada
Read moreTaxation by Tariff
Taxation by Tariff, Environmental Fee, Carbon Contribution, Sewerage Charge, Income Tax, Harmonious Sales Tax, Tariff – a rose by any other name.
Read moreCanadian Income Statistics
In Canada, the reporting of income data by Statistics Canada, the national statistical agency, can appear to be politically influenced, with data sometimes presented in ways that may not be immediately clear. While the statistics are publicly available, careful scrutiny of the data is required to understand its sources, meaning, and interpretation.
Read moreArbitrary Assessments
In this blog we will talk about Canada Revenue Agency’s (“CRA”) arbitrary assessments from a perspective of our own investigations into how they are generated, how they are enforced, as well as what options you may have as a taxpayer to resolve them…
Read moreBuying a House
Buying a house in Canada’s yet overheated real estate market could lead many purchasers into dire straights.
Read moreAmazon Shopping Warning
Amazon shopping warning – shopping on Amazon may be far more costly than you think!
Read moreFormulas for Proposals
There are no “magic” formulas for proposals – I often see and hear leader advertisements from other LIT offices with suggestions that you can write off 80% of your debt or they can fix your problems in 15-30 minutes. While both promises contain elements of truth, they also both exaggerations. Let’s start with the time […]
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