Life Insurance Canada News

Financial Impacts of Divorce That Every Married Person Should Know

11 Financial Impacts of Divorce That Every Married Person Should Know

Everyone knows that divorce isn’t free. In fact, it can literally cost a fortune. Between lawyers and councillors, the cost of a second residence (likely for one of the parties involved) and liquidating assets, you can be in for a long and expensive ride. If you are absolutely certain that your marriage is over and...
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Barry Choi | Personal Finance & Budget Travel Expert at Money We Have

We reached out to Barry Choi, blogger at Money We Have, to learn what kind of Critical Illness Insurance he owns.
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Weekly Personal Finance Roundup

This week we round-up some of the best end-of-year articles and blog posts. Enjoy! Jonathan Chevreau warns readers to trigger tax losses for 2014 before the deadline MoneySense gives us the skinny on Cyber Boxing Day Big Cajun Man breaks down why lower gas prices lowered inflation to 2% On her blog, Gail Vaz-Oxlade discusses...
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William Shung | Senior Insurance Advisor

We ask senior insurance advisor, William Shung, what kind of critical illness insurance he has.
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Weekly Personal Finance Roundup

Check out this week’s round-up of Personal Finance articles and blogs: DividendMantra.com analyzes the pros and cons of seperate and combined budgets with your significant other GetSmarterAboutMoney.ca breaks down the 5 things you should cover in your will Jason Heath gives MoneySense.ca readers the lowdown on different types of living benefits policies FreedomThirtyFiveBlog.com discusses drawbacks...
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tax

Can Your Tax-Free Savings Account Be Too Profitable?

  The Harper government created Tax-Free Savings Account (TFSA) to help shield our savings from tax, but now Canada Revenue Agency (CRA) auditors are targeting TFSA holders with large sums of money in their accounts. According to a recent article in The National Post, if you’ve posted not only large gains in your account, but if...
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What is the Best Way to Teach Young People About Money?

Here Is Some Advice From The Experts: Robin Taub, chartered accountant and author of A Parent’s Guide to Raising Money-Smart Kids, says it’s important to teach kids about money because “having good financial management is an important life skill.” Not only that, but all parents want to raise fiscally-responsible and financially independent children. With that...
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Personal Finance Blog Weekly Round-up

We’ve started a new tradition on the LSM blog!Starting this week, we will be compiling a weekly list of personal finance articles and resources that we think our readers will find useful. Every week on Friday, we will scour the web and social media for the top articles being read and shared on all...
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Financial Literacy Month 2014

Recap of Financial Literacy Month 2014

  November was Financial Literacy Month in Canada. This nationwide campaign was spearheaded by the Financial Consumer Agency of Canada to help inform Canadians about personal finance. The Government of Canada and Canadian financial experts took to Twitter with #FLM2014 to give their tips on how to handle personal finance. Topics included debt, security, financial...
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LSM in the News: Is Your Business Ready for a Four-Day Work Week? (The Voice)

LSM Insurance is known throughout the land for its four-day work week. As a result, its founder, Lorne Marr, is often called upon in the media to talk about its genesis. Recently, he recounted the story for The Voice, the business magazine for The Markham Board of Trade. As the story goes, Lorne was running...
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