If you happen to have purchased any electronics between 1999 and 2002, then you paid too much for it and you're entitled to a refund.
A recent class action lawsuit found that certain manufacturers of electronics were guilty of price fixing an essential electronic components found in MP3 players, computers, printers and gaming consoles. The out of court settlement called for $80 million in settlement money to be distributed amongst Canadian consumers.
According to NewsWire, all Canadians and Canadian businesses who purchased these electronics between April 1, 1999 and June 30, 2002 are eligible for a part of the settlement. Any Canadian 18 and older can fill in the form to request money.
Every Montrealer is automatically entitled to a minimum$20 without receipts simply by signing up to themoneyismine.ca. You can claim more as long you have proof of your purchases such as credit card statements or receipts.
Knowing how to manage your money can be tough. Personal finance isn't something that's typically taught in schools, and if you don't have a financially savvy person in your life, you might be left to figure it out on your own.
To help you learn more about money management and how to get more value from the things you do every day, Narcity got in touch with Erica Nielsen, Senior Vice President of Everyday Banking and Client Growth at RBC.
They spoke about tips to help you manage your money, and the launch of RBC Vantage — which gives you access to a comprehensive suite of benefits, interactive tools, rewards and savings available simply by having an RBC bank account.
"Saving money is not impossible and reaching your goals is easier if you start by making a plan," said Nielsen. "Having an incentive in mind can also make it easier to avoid spending your savings on an immediate temptation."
As a first step, a good tip is to take stock of where you are financially and put your goals down on paper. Having both short-term goals (like paying off credit card debt or heading off on a weekend getaway) and long-term goals (such as buying a house) will help inspire you to leave that money alone.
Look for a rewards program that makes it easy to earn points for the things you are already doing every day.
With RBC Vantage, for example, eligible clients can now earn RBC Rewards when using debit. Not only will this give you more ways to earn rewards, it's a big benefit if you don't have a rewards credit card. You can also get access to so many more rewards and savings from great Canadian brands like Petro-Canada and Rexall.
"Whether you're saving up for a big purchase or looking for ways to pay for everyday expenses and purchases, rewards points can play an important role," said Nielsen.
Make Sure You Have The Right Banking Products For Your Needs
It may be hard to know which bank account is right for you. A good place to start is by looking for an account that offers features that leave more money in your wallet – from ways to save on monthly fees and unlimited transactions to savings on ATM fees.
To help you in your search, RBC has launched new interactive tools to make it easy to find the account that best meets your needs and discover even more benefits.
And if you are a student, make sure to check out the new RBC Advantage Banking. The monthly fee on this account is free for full-time students during your studies.
AI-driven tools, like NOMI, make it easier to break down some of the barriers some people might face when managing money, such as not having enough time and not paying close attention to your financial situation. From budgeting to saving, NOMI can help you manage your finances with confidence. (More to come on this!)
You can also use a helpful digital platform like MyAdvisor to create a personalized plan and connect with an advisor in your community, online, by phone or in person.
"Budgeting is a fundamental tool that helps you manage your money and stay in good financial shape," said Nielsen. "It puts you in control of your day-to-day spending and financial future by making you more aware of where your money is going."
Despite this, less than half (49%) of Canadians keep a budget, according to the 2019 Canadian Financial Capability Survey. If you're considering getting on top of your budgeting but feel overwhelmed at the idea, rest assured that you don't have to start from scratch.
Consider a digital tool like NOMI Budgets which does the heavy lifting for you. It takes the math out of money management by recommending personalized budgets for you based on your spending habits, and it can help you stay on track with notifications and reminders.
Setting up automatic transfers from your chequing to your savings account can help you keep up with your savings goals, especially if you tend to spend your income as soon as it lands in your account.
There are also convenient tools out there to help you never miss an opportunity to save. Through RBC's NOMI Find & Save, for example, clients may save money they didn't even know they had. This feature "uses predictive technology" to find extra dollars it thinks you won't miss and automatically moves them into a savings account.
Ca Lem's owner, Stephanie Le, told MTL Blog that clients just need to download the TikTok app and show their account to the cashier in order to receive free pancake cereal sundaes — which are, of course, topped with maple syrup.
"We encourage users to take video and pictures of their visit to Ca Lem and post on Instagram, Facebook & TikTok platforms," she said.
There are limited quantities each day but the offer is valid at two of Ca Lem's locations — in NDG and the Plateau — so you can double your chances of getting a free sundae.
Free Pancake Cereal Ice Cream Sundaes
When: July 16, 17 and 18
Address: NDG - 6926, rue Sherbrooke O, Montreal, QC; Plateau–Mont-Royal - 4223, rue Saint-Dominique, Montreal, QC
Why You Need To Go: It's free ice cream, that's why!
The City of Montreal and Formula E organizers have finally reached a settlement after five long years of deliberations and arguments. The saga, which involved a lawsuit against the city and Mayor Valérie Plante following a cancelled 2018 race, is finally over thanks to the out-of-court agreement.
In a press release, Benoit Dorais, chairman of the executive committee responsible for finance and legal affairs, said that the city "authorized an out-of-court settlement in the amount of capital, interest and costs of $3 million payable by the City to Formula E Opérations Limitée (FEO) in full and final settlement of the case."
Since July 1, it has been possible for people who have had to recover from unemployment due to the pandemic and for people who have not been studying full time in the last 12 months to register for one of the training programs of the Program for the requalification and the accompaniment in information technology and communications (PRATIC).
Whether it's a college or university program, a certificate, an attestation of college studies (AEC) or a diploma of specialized graduate studies (DESS), among others, there are 142 training programs waiting for future students.
In Montreal alone, nearly sixty college programs and 20 university programs are available, and a total of 15 in the Capitale-Nationale region.
There are, for example, ACSs in programming, multimedia production, mobile application development or graphic design, to name a few.
The complete list of training courses offered by region can be found on the government website.
Thanks to a budget of some $39.6 million, financial assistance of $650 per week will be offered to 2,500 Quebecers for the duration of their full-time training. A $1,950 bursary will be awarded to graduates.
Who is eligible to enroll in PRATIC?
Two criteria will determine if a person is eligible to register for PRATIC. You must be unemployed and not have been a full-time student in the 12 months prior to applying.
The government suggests that you contact the Services Québec office in your area and an agent will determine with the future student if PRATIC corresponds to his/her needs.