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Hamilton (905) 769-2005

Are you sending or receiving money through PayPal for your business accounts? If so, you’re likely on the Canada Revenue Agency’s radar. In late 2017, the Canada Revenue Agency (CRA) ordered PayPal to disclose information about PayPal Business account holders for any payments sent or received through PayPal between January 1, 2014 and November 21,

It’s commonly assumed that people with high incomes don’t need financial help, but that’s not always the case. A lot of the time, high-income earners have a higher cost-of-living, higher expenses, and higher debt. People with higher incomes tend to live in more expensive areas, have bigger mortgages, buy more expensive vehicles and luxury goods,

Accessing home equity is a popular debt consolidation method, but new Canadian mortgage regulations are making that more difficult to do. Under Canada’s new mortgage rules, homeowners who want to undertake mortgage refinancing must qualify according to higher stress-test rates, rather than the existing contractual mortgage rate. For example, say you bought a $400,000 home

As predicted, the Bank of Canada interest rate for October 2018 has gone up again — this time to 1.75%. Many economists saw this coming, particularly after the North American Free Trade Agreement (NAFTA) deal resolved. In fact, the new US-Mexico-Canada Agreement (USMCA) was one of the reasons the Bank of Canada (BOC) gave for

It is appearing increasingly likely that we will see another hike during the October 24 Bank of Canada (BOC) interest rate announcement. Since July of 2017, the BOC has increased Canadian interest rates four times, with the last increase being in July of 2018 when it hit 1.5%. The BOC maintained the 1.5% rate during

Halloween is one of the scariest times of year, but it shouldn’t strike fear into your wallet! According to Statistics Canada, nearly 4 million children were of trick-or-treating age in 2016. Candy, decorations, and Halloween parties can all add up, but there is one expense category that costs Canadians the most: costumes — even DIY

Happy Thanksgiving weekend from all of us at Fuller Landau Debt Solutions! What are you thankful for this year? We are grateful for the opportunity to help our clients achieve financial peace of mind. We hope you have an incredible weekend celebrating with your family, friends, and loved ones. Enjoy the turkey dinner!

During Thanksgiving dinner, you want to eat your turkey, not worry about how much the meal is eating up your budget. While Thanksgiving dinner is a time for family get-togethers, laughter, and great food, it can be hard to enjoy if it’s taking up a lot of your household budget. When it comes to the

Two national trends could mean big trouble for the average Canadian consumer’s wallet. The Bank of Canada interest rate increases, and Record-high Canadian gas prices. Let’s break those down further. Canadian Interest Rates Since July 2017, the Bank of Canada has increased interest rates from 0.5% to 1.5%. The 1.5% interest rate is the highest

One of the most frequent business tax challenges we hear about is falling behind on filing HST returns. If you’re filing HST returns late, here are four facts you need to know: If you earn more than $30,000 of self-employed income, you must collect, file, and remit HST to the Canada Revenue Agency. There are