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The Collapse of Silicon Valley Bank & Are Canadian Banks at Risk? Thumbnail

The Collapse of Silicon Valley Bank & Are Canadian Banks at Risk?

The recent collapse of Silicon Valley Bank has raised concerns about the stability of financial institutions. As news circulates, many wonder if Canadian banks are at risk of a similar fate. In this blog post, we address the reasons behind SVB's collapse, analyze the safety of Canadian banks, and explain why the Canadian banking system remains strong and well-regulated.

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Life Insurance: When and Why You Should Consider It Thumbnail

Life Insurance: When and Why You Should Consider It

Learn about the factors to consider when deciding to apply for life insurance and understand why it's not solely dependent on age. Discover the importance of life insurance for those with dependents, mortgages, or financial responsibilities, and explore the differences between term life and permanent life insurance. Get insights into determining the appropriate coverage amount and the benefits of securing life insurance early.

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2023 Changes to Canada Pension Plan and Employment Insurance: How They Affect Your Paycheck Thumbnail

2023 Changes to Canada Pension Plan and Employment Insurance: How They Affect Your Paycheck

Stay informed about the upcoming changes to Canada Pension Plan (CPP) and Employment Insurance (EI) contributions in 2023. Learn about the impact on your paycheck, cashflow, and retirement benefits, as well as the reasons behind these increases. Understand the new rates and maximum earnings thresholds for CPP and EI, and how they align with the broader plan for working Canadians.

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