The Void of Occupational Pride
The general consensus was that if you were good at what you did in Alberta, you made $100-150K/year. But that was it for most. I…
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edmonton
Horrors of Condo Ownership in Alberta
We were charged over $1,700 because of a small toilet leak that caused some common areas to need drying out. Three contractors were called out,…
The Truth Behind High Commercial Vacancy Rates
Commercial landlords have kept their rates sky high despite the downturn. Many bluntly say they’ll gladly let their spaces sit empty for months to years…
Home Office Tax Deduction
Own a business, or intend to do so? Write off part of the costs of your home. Eligibility for claiming Home Office Expenses The expenses…
New Economy of Low Oil Prices: Dreams Crushed
Coming to Alberta’s Oilfield in just a car and packed bags in 2013, hoping to be in a Ferrari by 30. Then comes the collapse…
Non-Solicitation, Non-Competition Clauses: Rarely Enforceable
Looking to protect their interests or restrict worker freedom, employers impose these, usually in the form of non-competition and non-solicitation clauses. Non-Competition Clause To prevent…
Eliminating Debt: Settlement, Consumer Proposal, Bankruptcy
Consolidation loans rarely work in practice. Due to bad credit and elevated debt level relative to income, most lenders are redundant to take the risk…
Tale of Risk Taking: Career Paths and Real Estate
Three Students Choosing Different Careers and Investments Buddy A: Bought a Vancouver condo for $400,000 even in 2014, with 10% down. Rented it out and…
The New Alberta Economy
The Fall and (Partial) Recovery in Oil Prices: Pessimism and Cost-Cutting Many jobs and incomes prior to the oil crash in 2015 aren’t coming back.…
Changing Careers – Oilfield, Financial Reporting & Consulting
I had someone introduce the topic of changing careers out of accounting and financial reporting. I found this interesting as it contrasts my experience. I’m…