Finance and Business
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With auto insurance fraud and abuse on the rise, Canadians should be aware of the tactics dishonest individuals use to commit fraud and how it could involve them if they get into an auto accident.
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(NC)—Understanding your insurance policy can often be confusing, especially when it comes to comprehensive and collision coverage. These coverages can help protect you financially by covering the cost of repairs or replacement of your vehicle if it's damaged in an accident. Here is how they can protect you:
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(NC)—According to a recent RBC Insurance survey, almost half of Ontario drivers (49 per cent) are not aware of the changes to accident benefit coverage limits that will come into effect on September 1 with Ontario's auto insurance reform. It's important that drivers understand what the changes mean and how it will impact them.
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(NC)—When it comes to understanding auto insurance, many Canadians are unaware of the financial risks they face when driving without adequate liability coverage.
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(NC)—Paying for post-secondary education can mean sleepless nights for parents, especially when multiple children are attending college or university at the same time.
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(NC)—It's that time of year when thousands of Canadian students pack their bags and head off to college or university. While the long-term benefits of a post-secondary degree are significant, so is the price tag.
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(NC)—Saving enough money to pay for your child's post-secondary education can be tough, especially given that sending a child to school for a four-year undergraduate degree can cost as much as $80,000.
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(NC)—We've all been there: clipping coupons and looking to save that extra dollar. And why not? Being frugal can help Canadian families save hundreds of dollars each month without compromising on their “wants”. Most people think it's too difficult to really be able to reduce costs. However, there are some easy ways anyone can jump on the frugal bandwagon, starting by looking at what you purchase most often.
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(NC)—We've all had the moment when we look at our bank accounts and wonder where our money is going. Often we just don't pay attention to where or how much we're spending on everyday essentials. Here are five easy tips to help you keep more money in your bank account:
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(NC)—We love that little plastic card in our wallet that offers us the convenience and flexibility to purchase goods and services when cash isn't handy. But are we choosing the right card to keep in our wallet? Many credit cards offer returns that average one per cent, so being a frugal shopper starts with choosing the right credit card that offers the right incentives to suit your everyday shopping needs.
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(NC)—If you fall within the baby boomer or Gen X groups, you'll count among 9.8 million senior citizens by 2036, according to Statistics Canada. And if you're currently between the ages of 40 and 60, you've started planning for retirement by putting money away in an RSP or pension.
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(NC)—Moving to a new country can be an expensive venture. Making large simultaneous investments towards a car, a house or your post-secondary education can be challenging. Yet, these items are often necessary.
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(NC)—If you are thinking of starting a business in Canada, it pays to know what resources are available. There are several special programs and services offered by the government, and financial institutions to help newcomers become successful business owners in Canada.
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(NC)—Newcomers typically have many questions and decisions to make when they arrive in Canada, especially when they're trying to get established financially. RBC visited China and India to speak with people before their move to hear about their questions and concerns first-hand.
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(NC)—Getting settled and established financially are just a few of the priorities for newcomers to Canada. Camon Mak, head of multicultural markets for RBC offers four tips for making a successful transition:
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(NC)—For most people, their home is their largest financial asset. Because of the high value attached to homes, they may be a key target of fraud.
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(NC)—Purchasing an estate property can seem like a great deal, but buyers shouldn't be seduced by a low price tag without digging a little deeper. Buying a property of this kind can be complex due to some specific issues that may arise.
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(NC)—Are you looking for the lowest possible auto insurance rate?
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(NC)—Pinched at the pump, Canadians are looking for ways to save on their two least favourite car costs:
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(NC)—When you jump into your car is it a Honda? Toyota? Ford? Chances are it is according to Kanetix.ca. A closer look at the vehicles quoted online for car insurance at Kanetix revealed 2009's most popular car brands: