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Things to Consider When Buying Life Insurance

There are a wide variety of things to consider when making the important decision to buy life insurance to protect your family if something un-towards should happen to you or even if you live to a very long and happy age and expire by natural causes.Under either scenario you would want your family to be protected and to be sure that you left behind enough to ensure that your family has the funds…

Is it Time to Lock in That Mortgage Rate?

The average Canadian now owes more money when contrasted with income than in any time in the Nation’s history.Studies have shown that many households would experience catastrophe if they had a sudden job loss or work preventing injury.   The basis of this is that the vast majority of Canadian households have absolutely zero in savings or exceptionally limited amounts.A recent MNP study…

Should You Appeal Your Property Tax Assessment?

While every home owner in Toronto is sure to enjoy the dramatically rising house prices they are currently experiencing there is one downside to those ever increasing prices and that will be recognized very soon with the new property tax assessment warnings that will be landing in every home in the coming weeks if they haven’t already.The Municipal Property Tax Assessment Corporation has…

Could You Retire Comfortably In 10 Years?

In today’s age of spend and spend some more the days of planning for a comfortable future are pretty much over for most average Canadians. It is pretty hard to save for a rainy day or heaven forbid retirement when you are more concerned with simply putting food on the table and making sure the kids have the latest brand name soccer shoes.Many people simply put off saving for retirement until it…

Canada’s Troubling Unemployment Rate

In an economy that is still, quite obviously, recovering from the downturn in 2008 the unemployment rate across the country has proven to be a roller coaster of a ride.Despite adding a reported 26,200 jobs in August the unemployment rate is still climbing to levels that have been seldom seen.The boon in August was severally offset by the loss of over 31,000 jobs in July and the full number now…

Reasons Why You Should Never Co-Sign for a Loan

There are many instances where you may be approached by a member of the family or even a close friend to co-sign a loan for a car or personal loan and in some cases even for a mortgage.If you are financially secure and those around you are not then you may well find yourself in a position where someone asks you to help with one or more of these scenarios.Most people feel unnecessarily bad when…

Making the Right Decisions With Your Mortgage

When it comes to buying a house or even re-financing it you have some big decisions to make. First you have to decide on who the lender is going to be. Most likely you will want to approach one of the lending institutions for this such as your bank, or companies that are mortgage lenders. Then again you may be going after a private lender. Most that take this route do so because they are having…

Will Your Credit Score Help With Your Home Buying?

Surprisingly a lot of people don’t pay much attention to their credit score until they are ready to make a major purchase like a home. Then they are faced with the realization that this is going to be a big factor in whether they will qualify for a mortgage, or if they do what interest rates are going to be open to them to take advantage of.Most lenders are going to take a close look at your…

Is This The End of Deutsch Bank?

The troubles at Deutsch began long before the recent Department of Justice leak that indicated that they may be on the hook to the tune of about $14 billion for their role in the sub-prime mortgage scandal that rocked the world in 2008.Since that time the bank has been hit and hit hard by fines for other infractions and pending litigation and potential fines could well end up causing the end of…

How has Mr. Trudeau done in his first year in office

We are nearing the one year mark since Justin Trudeau put on the hat of prime minister. He did so with a lot of support and enthusiasm behind him. For the most part the general public has been very patient with allowing this young prime minister to settle into this important role as leader of the country. It might be that now patience is wearing a little thin both on behalf of the public and t…

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Sam Seidman, CPA, CA, LPA
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Toronto, Ontario
M3H 2S3

Telephone: (416) 398-1700
Fax: (416) 398-6226

Chartered Professional Accountant, Chartered Accountant, Licensed Public Accountant

Email: sam@torontoaccountant.ca

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