A Money Coach in Canada

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chequesA bit of intel, if you haven’t already discovered: Canadians will no longer be receiving cheques back with their statements. The Canadian Payment Association (the org. that clears cheques and transfers funds electronically between credit unions, banks etc.) put that policy in place. The cheques will be shredded by the clearing house of the institution that processed them. You will receive an image of the cheques on your statement. These are legally binding, just the same as the original cheques used to be. Presumably, this is related to anti-laundering initiatives. Still, I find it a bit disconcerting.

About the Author


Imagine if Canadians were known for being all over their money. Engaged. Proactive. Getting out of debt. Savvy. Saving. Generous. Nancy wants to help. Nancy started her own journey with money over 15 years ago, and formed her company “Your Money by Design” in 2004 to help others along the same path. It’s not the usual financial advising/investment stuff. It’s about taking control of day-to-day finances –managing monthly cashflow effectively, spending appropriately, getting out of debt, saving. If you're ready to take control over your finances, pop by her business site, YourMoneybyDesign.com

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