Navigating the Ontario Trillium Benefit

Taxes, Calculator and Glasses | Source: Images_of_MoneyLike many of you I’m sure, I’ve been working on preparing my tax return for the year, and as a resident of Ontario, I’ve been trying to figure out the new Ontario Trillium Benefit. What is the Ontario Trillium Benefit? Well, the Ontario Trillium Benefit is a new program from the Government of Ontario which combines three old tax credits into one, including:

  • the Ontario Sales Tax Credit
  • the Ontario Energy and Property Tax Credit
  • the Northern Ontario Energy Credit

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The Value of the Public Library

Library | Source: Paul LowryOn Monday morning, I woke up and walked to the office just like any other morning. I usually pass by a number of newspaper boxes along the way, and I scan the day’s headlines. Monday’s headline was – “Talks Fail as Toronto Library Workers Go on Strike“. I didn’t pay much attention at first. Then I did a double take. Wait, what? I didn’t even know the library workers were in negotiations. As a response, termed their ‘contingency plan’, the City of Toronto has shut down every public library in the city for the duration of the strike. As I talked to people on Monday, I realized that no one was expecting this. And then I realized how many people this impacts.

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Favorite Personal Finance Books

Books in a LibraryMost of what I’ve learned about personal finance, I’ve learned by reading either blogs or books. Every week, I tell you about what I’m reading in the blogosphere, but I thought now would be a good time to talk about some of the personal finance books that have gotten me to where I am today. I hope to review all of these individually and in detail over time, but for now, here is a list. These are all timeless books that I would recommend to anyone looking to learn more about personal finance.

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What is the Value of Time?

Watch on top of money - Source: Nina Matthews PhotographyWe’re all guilty of thinking about it sometimes. The classic scenario is the employee who can choose to either get paid for overtime worked or bank his or her overtime to be taken as time off later. It launches the classic argument – what is the value of time? Does it have a monetary value? Is time worth more than money? Every person will answer this question differently based on their personality, their priorities and their attitudes.

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Air Miles Cash – Deal or No Deal?

Air Miles Card - Image Courtesy of www.airmiles.ca

Well, after two weeks of learning WordPress and tinkering with the site’s layout, I think its finally in pretty good shape and I can now start focusing on producing some amazing content!

First up, I got notice the other day in the mail about a change to the Air Miles program. As of March 5th, 2012, Air Miles is splitting their system up into two programs – ‘miles for cash’ and ‘miles for dreams’ (because I constantly dream about all the amazing things I’ll be able to do with my Air Miles rewards – its what gets me through the day). By default, all users will continue to earn ‘miles for dreams’, which is equivalent to the old system where you can exchange miles for everything from gift cards to flights. And all current miles can only be used for ‘dreams’ rewards. They are not allowing users to transfer existing miles into the ‘miles for cash’ program.

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