Insight Articles

8 Tips You Won’t Get From Your Bank in 2019

January 5, 2019 By Benchmark

If you’ve got a mortgage – or plan to get one this year – you probably know that it’s more complicated than it used to be just a few short years ago. That said, we have many tips and strategies that can help you get the mortgage you need, tweak the one you have, or help you plan for renewal.

Life Insurance and Common Misconceptions

December 18, 2018 By Benchmark

If the thought of purchasing life insurance overwhelms you, then this article is for you. Our licensed insurance brokers provide you with tips to give you clarity on some of the fundamentals of life insurance planning. Since confusion can lead to missing key information, we will discuss how to avoid five common life insurance misconceptions.

Canadians have a serious debt problem

November 19, 2018 By Benchmark

Stated quite simply, the debt load of Canadian consumers is becoming alarming.

Two new reports show that Canadians are living under so much debt that delinquency rates are expected to start increasing in the coming months and many Canadians are so burdened with debt they don’t know what to do about it.

Canadian banks increase prime rate

October 23, 2018 By Benchmark

TORONTO — The cost of loans linked to the big bank prime rates are headed higher in the wake of the Bank of Canada’s decision to raise its key interest rate target by a quarter of a percentage point.

Digital Currency studied by the Bank of Canada

September 30, 2018 By Benchmark

CALGARY — The Bank of Canada is looking at the key questions around the design of a digital currency and the issues surrounding such an idea, a senior Bank of Canada official said Monday.