The Ombudsman for Banking Services and Investments (OBSI) has released its Annual Report for 2016; a year that marked a significant milestone with the organization celebrating its 20th anniversary.
Mr. A’s small business filed for bankruptcy in 2014 after several years of financial difficulties. At the time, there was a balance on the company credit card. The balance went unpaid for some time and the bank, unable to collect from the company, turned to Mr. A to personally pay the outstanding amount.
Post-secondary education is expensive but saving early will better financially prepare you and your family. Many banks, credit unions, investment firms, and scholarship plan dealers can help set up your RESP. Here are seven things to remember before you start.