Debt Relief Experts
Gender Bias in Financial Preparedness
Our annual Joe Debtor study revealed differing reasons for why women and men become insolvent. Doug Hoyes talks with Georgia Graham of WEST about skills women need to become more financially prepared.
Viewpoints
Privatize CMHC? A Politician Says Yes
The Canada Mortgage and Housing Corporation insures mortgages where Canadians have less than a 20% down payment and has an 80% market share. In this blog we explore whether CMHC should be privatized.
Basic Income. Is it a Silver Bullet for Poverty?
Solutions for ending poverty are often controversial. One idea that has sparked recent interest is the concept of basic income. In this podcast Doug Hoyes explores the costs and criticisms regarding this option.
Why is Walmart Really Fighting Visa?
Walmart expressed their opinion that Visa was charging too much for their interchange fees in 2016 and wanted to remove the platform from their stores completely. Find out the real reason Walmart did this.
Why the Ontario Government Didn’t Come Down Hard Enough on the Payday Loan Industry
Payday loans are a large part of severe debt problems in Canada, and the Ontario government is not addressing the issue adequately. Learn about payday loan costs and what we believe will help mitigate this industry.
Skirting the Essence of Ontario’s Debt Settlement Laws
The key purpose of Ontario’s debt settlement laws is to diminish consumer abuse by debt settlement companies. We explore how these agencies have changed their tactics but not for your benefit.
Is the Canadian Housing Bubble about to Burst?
Real estate prices in Canada are outrageous and consumers wonder if the housing market will crash. Our experts explore signs that the housing bubble is bursting and what to do if you are looking for a home.
Bill 156 – Is This The Payday Loan Regulation We Need?
Many debtors filing for insolvency have fallen into the payday loan trap at some point in time. In this blog we review the history of payday loan legislation in Ontario and possible future solutions.
Creating A Better Payday Loan Industry
The payday loan industry is thriving in Canada; it keeps consumers coming back and causes them to fall into more debt. We explore ways to solve this problem, the role of government regulations and more.
Ontario Bankruptcy Legislation Updates: The Execution Act & 407 ETR
Learn about changes regarding 407 ETR debts and The Execution Act and how toll road debts are eliminated through bankruptcy and why ETR can no longer withhold your licensed renewal if you file insolvency.
Elder Abuse: What Every Advisor Needs To Know
Elder abuse is happening in our society, and we have witnessed it firsthand in our financial practise. Ted Michalos provides advice for other professionals on how to spot the signs of abuse so you can help.
Clamping Down On Payday Loans & Regulating Alternative Lenders
Payday loans are detrimental to consumers, as we observe firsthand through our firm. Our experts dive into the world of alternative financial services and what our ideas are for regulating this industry.
Debt Settlement: New Laws and a Better Approach
Why is it important for debt settlement services to be regulated? Doug Hoyes and Ted Michalos discuss the new legislation, how it protects consumers and offer an alternative solution for debt relief.
Will The New Debt Settlement Law Protect Consumers?
In 2015, new legislation that regulates debt settlement companies was enacted in Canada. Find out exactly how this law protects consumers and what its impacts are on other financial services.
How Professional Advisors Can Help Clients Eliminate Debt
Various financial professionals have the ability to help clients when they notice debt problems. We explore the possible role financial planners, brokers, accountants and other advisors can play for their clients.