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Little Frauds, Big Frauds, Cost and Risk

Filed under: Consumer Complaints, Fraud, Identity Theft, Insurance

Have you ever bought a stolen car? Are you sure? If you leave your car or truck running unattended and it gets stolen, in addition to the insurance costs and headache, did you know that vehicle could end up financing terrorism?

It sounds extreme, but I kid you not, vehicles from North America have been used in car bombings, and export of stolen cars has become big business with whole shipping containers full of luxury vehicles with Ontario license plates turning up in places like Ghana and Lebanon.

And those are just the big, blatant cases that are making your insurance premiums soar. Back to that cheap car you found on Kijiji or Craigslist – how do you know for sure it isn't stolen?

Related:
Top 10 Stolen Cars in Canada
Why People Commit Fraud
Stories From the Insurance Fraud Capital of Canada

Stories From the Insurance Fraud Capital of Canada

Filed under: Consumer Complaints, Fraud, Insurance

insuranceIf you live and drive a car in Ontario, you've no doubt noticed your insurance premiums on the rise year after year. If you live in Toronto in particular, you've probably heard about or experienced that phenomenon in an almost accelerated way. (Our premiums dropped by more than half when we moved out of the city.)

You might assume that population density, the sheer number of cars on the road, is the main reason your premiums are higher. This is true, in part, but the big reason Torontonians pay more? They live in the staged collision capital of Canada.

The high and increasing number of staged collisions taking place in the city not only increases risk for people on the road there, but the fraud cost is passed on to consumers in the form of higher premiums, to some degree, whether you live in the city or not.

Lies, Statistics, and Low Income in Canada

Filed under: Family Finances

There are a lot of people out there who have an interest in facts, figures and trend information about poverty in Canada. Even taken in aggregate though, the topic is so political, say Statistics Canada researchers, that they don't define what it is to be poor, nor do they estimate the number of poor families or individuals in Canada.

Still, they do examine and use different measures to examine low income, low income determinants, and who is most at risk.

One of their latest reports suggests that those falling into the lower income categories can probably take heart: Although some groups are undoubtedly more at risk than others, for a lot of people (hang in there), the low income experience is transitory.

Why Do We Pay More for Books in Canada?

Filed under: Buyer Beware, Consumer Complaints, Shopping

booksDid you notice that when you buy a book, any book, at any bookseller, it carries two prices? One price for customers in the U.S., the other, for customers in Canada. The difference can be as significant as 20 per cent. Even when the Canadian dollar traded at par with its U.S. counterpart.

This happens not only with books, CDs, DVDs and other such intellectual paraphernalia. No matter what you buy, it costs you more in Canada than in the U.S.

Why is this happening?

Could Canada Be the Next World Superpower?

Filed under: Budgeting & Planning, Economizer

As Canadians, we know why we love our country.

We're proud of our stereotype on the world stage - as polite peacekeepers who are proudly multicultural and we're used to seeing the country and major cities lauded as places worthy of attention from the rest of the world.

In 2011, Toronto was one of three North American cities to make the list of the world's most livable cities. And now the Bank of Canada has once again kept its key interest rate unchanged at 1 per cent, and stated that the Canadian economy would perform better in the first quarter of 2012 than expected.

So if we're livable and have a viable, growing economy, why shouldn't Canada be called an economic superpower?

Top 5 Museums for Kids on March Break

Filed under: Family Finances, Travel

The learning doesn't have to stop during March Break. Museums and resource centres across Canada have plenty on the go for kids during March Break, including many activities that will teach them about art and culture. Here are five museums in Canada that offer great activities for kids during this month's prolonged recess for school:

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  1. Art Gallery of Ontario, Toronto - With loads of programs, the AGO keeps kids entertained from March 12-16. Activities include a hands-on learning centre, a series of "Tin Tin" episodes to watch, a room where kids can build their own "sculpture garden" using soft plush pieces and family-friendly tours of the galleries.
  2. Diefenbunker, Ottawa - If your kid has dreams of being James Bond - or Austin Powers - then the Diefenbunker Spy Camp is for him, or her. Kids will learn the art of espionage, which some parents may not be too keen about, but it's all in good fun. The Diefenbunker, so-named because it was a secret Cold War facility created during John Diefenbaker's administration, features lots of history as well as this unique experience. Kids will create a disguise for going undercover, make and break codes, and configure spy gadgets, among other things. The week-long camp ($225 per child) runs from March 12-16 and is for ages 7-12.
  3. Art Gallery of Nova Scotia, Halifax - Sculpture, mixed-media and traditional painting are among the skills kids can learn from professional artists at this gallery. Classes run from March 10-18 with full-day ($250) and half-day ($125) sessions available.
  4. Montreal Museum of Fine Arts, Montreal - This fantastic museum has a 2-for-1 admission special during March Break to the special exhibit called "Feininger the Great Carnival," in which the work of Lyonel Feininger is explored. But what makes the Montreal Musem of Fine Arts special is its devotion to Canadian art, as best illustrated in the newly opened Claire and Marc Bourgie Pavilion of Quebec and Canadian Art. For older kids, the museum offers a cultural insight into Canada that they may appreciate if they're keen on art or the nation's history.
  5. TheMuseum, Kitchener, Ont. - Hockey, art and skill development are all rolled into one fun package in this museum an hour southwest of Toronto. "Arena" features art work that comments on the national pastime as well as celebrates it. There are fun interactive displays and excellent art, including hockey masks from Wanda Koop that resemble tribal paintings and Graeme Patterson's mesmerizing stop-animation film featuring Darryl Sittler's famed 10-Point Game. The Canada-Russia Summit Series documentary will transfix parents. It runs continuously on the museum's top floor. With this being the 40th anniversary of the Summit Series, the memories are even more poignant for some. "Arena" runs until May 6 at TheMuseum.

A Simple Packing Trick to Avoid Airline Baggage Fees

Filed under: Economizer, Travel, Holidays

baggage feesThere's something strangely satisfying and less stressful about flying with only carry-on luggage.

The first snicker of satisfaction comes when you arrive at the airport with your boarding pass already printed off the internet and breeze past the line of people waiting to check in their bags. The second is knowing that you've avoided paying check-in baggage fees (this is not so much an issue on Canadian airlines, but you really need to watch out for them in the U.S. or on budget airlines around the world -- they hurt. Ouch!) Third is knowing that the airline won't lose your luggage (it's a slim chance, but it does happen.) And fourth is being able to walk straight off the plane, past those waiting for the baggage conveyor belt to start up, and straight out of the airport.

Before you say that there's no way you could fit everything you need into your carry-on, read on.

Most Expensive Places to Live in Canada

Filed under: Your Home

Sales of homes in Canada continue to be strong, despite or perhaps because of, global economic turmoil. While the national average price rose only 5.5 per cent in October, the smallest increase since January, sales continued to be strong throughout Canada with just over half of local markets posting gains. Click through to see where home prices rose the most. Visit our other gallery to see where homes are most affordable - 'Canada's Least Expensive Cities to Buy a Home In.'


Canada Average House Prices
September '11
: $352,581
Change from August '11: + 0.8%
Change from September '10: + 6.5%
Number of units sold: 37,760
Source: CREA

Top 10 Most Expensive Cities to Buy a Home in (CLICK ON PHOTO TO LAUNCH GALLERY)



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Where to Get Free Stuff on Your Birthday

Filed under: Bargains & Freebies


get free stuff on your birthday

Who doesn't like getting free stuff? A new e-book will help you to discover where to get free stuff on your birthday. It's called Free Stuff on Your Birthday for Canadians, from Grocery Alerts.ca and it's a handy resource that will help you to take advantage of all of the goodies in your area.

Earn Extra Money With Your iPhone - Free App Makes it Possible

easy money appPsst! Want to make some easy money? Well now you can and you won't have to wear dark clothing or a stocking mask, either.

If you've ever considered becoming a mystery shopper or even if you've never considered it, you can now earn extra money with your iPhone. A free app makes it possible to put extra cash in your bank account while you go about your daily business.

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