HomeBlogFederal Politics

Federal Politics

  • The 5 C’s of Credit…credit worthiness

    • November 11, 2014
    • Posted by: Brian Poncelet
    • Category: Annuity, Approved, Disability Insurance, Federal Politics, Hollywood, Life Insurance
    No Comments

    Here is the 5 C’s of credit worthiness: 1. Character What is the history of past repayment of debt. 2. Capacity Can they afford it? See GDS and TDS ratios 3. Capital Really net worth..like house (less mortgage, line of credit) 4. Credit Credit bureau and current debt levels 5. Collateral Can the debt be

    read more

  • TDS ratio (total debt service ratio)

    • November 10, 2014
    • Posted by: Brian Poncelet
    • Category: Approved, Disability Insurance, Federal Politics, Hollywood, Life Insurance, World News Insurance
    No Comments

    What is the TDS and what does it mean? A debt service measure that financial lenders use as a rule of thumb to give a preliminary assessment of whether a potential borrower is already in too much debt. More specifically, this ratio shows the proportion of gross income that is already spent on housing-related and

    read more

  • The Upside-down pyramid

    • November 20, 2013
    • Posted by: Brian Poncelet
    • Category: Approved, Federal Politics, Hollywood, Life Insurance
    No Comments

                               

    read more

  • CPP survivor benefit: One retiree’s 98 cent a month shock!!!!

    • November 19, 2013
    • Posted by: Brian Poncelet
    • Category: Annuity, Approved, Federal Politics, Life Insurance
    No Comments

    By:        Adam Mayers Personal Finance Editor,              Published on Sun May 26, 2013 From: Toronto Star My thought is one of the better business stories about CCP   When Canada’s finance ministers meet next month, one of the things on the table will be improvements to the Canada Pension Plan.   It’s an annual

    read more

  • How RBC’s outsourcing is like their life insurance…more for US less for YOU

    • April 14, 2013
    • Posted by: Brian Poncelet
    • Category: Approved, Federal Politics, Life Insurance
    No Comments

    OK, RBC is not the only guys who got a lot of PR problems, but RBC making big bucks treating staff like %$@& and having replaced them people paid 50% less just does not smell right! Ok how does related to insurance? Well one idea is to cut areas which cost the bank money…how about

    read more

  • Tories unveil voluntary pension system Critics say PPRPs do little to help Canadians save for retirement

    • November 17, 2011
    • Posted by: Brian Poncelet
    • Category: Approved, Federal Politics, Life Insurance, World News Insurance
    No Comments

    Do you like paying taxes? Government rules? Uncertain returns? o you In a nutshell, the above idea is really a RRSP (you just deffer taxes in the future) Do you believe taxes will be lower in the future? Sorry, if you do your own taxes you know this is not the case unless your income

    read more

  • How Vote Compass tells you what federal party you are closest too, but did not know it! How our software shows why term life insurance is the most expensive and you thought it was the cheapest!

    • April 2, 2011
    • Posted by: Brian Poncelet
    • Category: Approved, Federal Politics, Life Insurance, World News Insurance
    No Comments

    Wow! Long title! If you go to http://federal.votecompass.ca/ you may find the party you thought you liked is the party that really does reflect your values! Term life insurance is like that too. Buy the cheapest and save! Right, no wrong and here is why. We all need coverage if you have a family…rather want

    read more