Escrow is a financial arrangement involving a neutral third party, often called an escrow agent or company, who holds and manages funds, documents, or other valuable assets on behalf of two parties involved in a transaction. The concept of escrow is commonly used in various types of transactions, such as real estate deals, business transactions,…
Medical care, especially cancer treatment, and care, can cost a fortune if you are traveling for vacation or business. For that reason, it is advised to get travel insurance coverage. However, not all travel insurers provide coverage for cancer patients. So sometimes, it isn’t easy to ascertain which is the best and most reliable one…
A sole proprietorship, also known as a one-person business, is one of the easiest businesses to close down. Closing a sole proprietorship business in Ontario involves several steps to ensure a smooth legal process. You must follow the steps judiciously to ensure the business is closed properly. Here’s a general outline of the process of…
If you are not actively running your business, it is advised that you close it down. An open and legally active business will attract tax implications and liability obligations. In closing your business in Ontario, it is recommended you ensure that you follow all legal requirements and steps so that you won’t have to face…
Life insurance is an essential insurance coverage that helps reduce financial burdens or save as savings for your beneficiary upon death. However, there have been questions about whether it is possible to borrow against life insurance Canada. It was ascertained that it is possible, but you can’t do that for all types of life insurance….
The COVID pandemic made grocery delivery services popular in Canada, and even after the pandemic, the numbers continued to grow. One of the most notable grocery delivery services is Save-On-Foods. This supermarket chain in western Canada deals in a wide range of groceries. Does Save on-Foods deliver groceries? You should note that not all supermarket…
The TD Visa Infinite Privilege Card is a premium credit card offered by TD Bank to its high-end clientele. It offers numerous exclusive benefits, privileges, and rewards that cater specifically to the needs of affluent customers. In this document, we will provide essential information about the card, including its features, benefits, eligibility criteria, and how…
You MUST Have a Separate Business Account – Here’s Why! Alright, you are starting or currently running a business in Canada? Then you must have a dedicated business account. And not just any account – knowing the BEST one for your business is essential. Unlike personal bank accounts, business accounts in Canada have their own…
Canada RIT Payment is a surprise deposit that is directly credited to your account, With the full meaning being “Refund Income Tax”, it has been prompting curiosity about its origin and purpose. For consistent-income taxpayers, this deposit comes as an anticipated surprise. In simple terms, Canada RIT Payment refers to the funds deposited by the…
Get the scoop on the Apple Credit Card Canada! If you’re looking to join the Apple card family and want to know all about the Apple cash card, you’re in the right place. As an Apple gadget lover, like the iPhone, iPad, Apple Watch, or the Apple store itself, the Apple credit card is an…