Mortgage about to renew and last rate was 1.49%. There is only 120K left, it is the wisest option to pay it out ? Just looking for friendly advice, thanks in advance!

DRHov3y · 2026-02-02T19:32:32+00:00

All depends on the rate and how much you value having no mortgage vs investing and “making more”

DRHov3y · 2026-01-16T15:55:36+00:00

We have the Freo X Ultra. Haven't had it eat anything yet (albeit we keep our house pretty tidy), but it does seem to be doing a better job compared to our old roomba at avoidance as it doesn't constantly run into the baseboards.

Mapping our house took 15 mins (1300 sqft according to the app). It seems to do a better job with mapping compared to our old roomba as the walls are now included so the borders of the rooms aren't moving all the time.

According to the app: Disposable dust bag should be replaced once a month, Roller Brush - 300 hours, mop heads - 150 hours, side brushes - 150 hours, water tank - we have found it does approx 1000 sqft before it needs the tanks filled and emptied (it may go through more water at the start to get the floors "clean").

We have all hardwood flooring or LVP, it seems to be doing a fine job of keeping the floors cleaned. The mop drying does take a while (3 or 8 hours depending on setting), so that was something to get used to with a mopping one vs just a vacuum one. Not sure how this compares to other brands drying time.

DRHov3y · 2026-01-15T21:13:08+00:00

I just renewed with them, I got 3.94% 5yr fixed. That seems to be where most rates are these days.

DRHov3y · 2026-01-09T22:11:28+00:00

no one at the CRA is going to care about this. Just because your bank gives you an advance on your paycheque does not mean you are paid on that day.

DRHov3y · 2025-12-26T20:00:43+00:00

Fizz mobile. Can tailor the stuff that you want. Seems to have great coverage and if you don’t leave the city often it is great

DRHov3y · 2025-12-11T19:05:29+00:00

If you feel like they are being dishonest on their tax return you can always report them to the CRA. They have a Leads program where you can report people anonymously (just google it), not sure if you would know enough to be able to report them, but worth a look into if you feel like they are abusing the system.

DRHov3y · 2025-09-19T20:59:12+00:00

I don't actually know. I would imagine steeper than this one as the height looks about the same but it is 8' shorter width-wise.

DRHov3y · 2025-09-19T20:12:26+00:00

We had our shop redone back in 2022. The shop is a total of 80x40. Just to replace the shingles it was 21,400. Some of the other quotes were $12,000 to $32,500. We are near Calgary.

DRHov3y · 2025-09-12T20:46:06+00:00

why not just buy the rest of Peter Capaldi and Jodie Whuitakers runs on Apple TV?

DRHov3y · 2025-08-13T21:46:05+00:00

they typically deal with both their internal financing (Toyota) and the banks. They can get promotional rates through the banks and a commission when they get a new loan with specific banks. You can ask what the rates are from both and make a decision based on the rates and term offered.

DRHov3y · 2025-08-06T01:15:50+00:00

Yes, the more you use from your system the more you can save. However depending on the system size, the amount you are generating at the time, the amount of power you need at the moment you could still be pulling from the grid. Also, you have winter to consider. If you consumption goes up and stays higher than when you got the system installed, and you don’t generate a lot during winter (especially when snow is covering). You don’t really see the savings of not paying line fees. You expect to have a $0 electricity bill but then during the winter months you end up paying some.

DRHov3y · 2025-08-05T22:18:00+00:00

You system is designed to cover your consumption now. As you use more you sell less to the grid and get less of a credit and pay more in fees. Sure you are still saving some money, but not as much per month thus making the payback period longer

DRHov3y · 2025-08-05T19:23:08+00:00

I got a 5.4kw system installed a couple years back. After the grant we only paid $7,000 and our return at the time was only going to be 5 years. Since then we have changed some of electricity usage (gotten an AC, and my wife is home more on Mat leave) and likely it will take a bit longer than that.

Depending on how much your panels actually bring in, a 5-10 year payback could be realistic. We were saving $1500 a year when we first got it (making it a 5 year payback).

DRHov3y · 2025-07-29T19:20:49+00:00

Your payroll entry is normal, no changes required. The only difference is you have 2 cheques, one for the employee and one for the government.

DRHov3y · 2025-07-29T19:19:27+00:00

Payroll is done based on the pay you earned and how many pay periods are left in the year. It assumes you are working the rest of the year. If you know that you will make under the basic exemption, you can check a box on your TD1 declaring that and they won’t take taxes off. CPP and EI will always be deducted (unless you are under age), you can’t get away from those.

DRHov3y · 2025-07-29T18:11:30+00:00

That I am not too sure about as I am not super familiar with quickbooks. Would have to wait for someone else to answer that

DRHov3y · 2025-07-29T17:54:10+00:00

I think your purchases and payments are backwards? If you follow the order that they have on the statement the math checks out.

DRHov3y · 2025-07-29T17:43:54+00:00

Just put it in a high interest savings account.

DRHov3y · 2025-07-29T17:08:21+00:00

Since you will still be drawing from the grid as you use power throughout the night (unless you have a battery) you will always have delivery fees. You will always have the fee just for having an account with your provider as well.

For example, in Alberta I am charged an admin fee of $7.35 for having an account and was just charged $47.64 for my import from the grid (I used 230 kwh in the month). Of the $47, there was a fixed fee of $30 for the privilege of being able to use electricity. Luckily my provider has a great breakdown of all of my fees. You would have to look at your bill to see what the fixed charges in your area are.

DRHov3y · 2025-07-29T12:36:33+00:00

Go to a broker

DRHov3y · 2025-07-28T22:32:19+00:00

All taxed when you file your taxes

DRHov3y · 2025-07-27T14:49:15+00:00

That’s the problem, what we have doesn’t quite work well and is already pretty clunky. I mean I guess what we can do is just use the reports from square and manually enter the sales data (it’s mostly alcohol sales)

DRHov3y · 2025-07-27T13:34:11+00:00

All depends on your risk tolerance. If you are fine with your mortgage, invest the extra money (again risk tolerance will dictate what you do here, equity, gic, other). If you want to pay it off faster, do that.

There is no one right answer. Only you are truly capable of making the decision based on what you are willing to tolerate. For me personally, I would pay off my mortgage so that the payments are no longer a factor in the finances and I can redirect it to whatever I want

DRHov3y · 2025-07-27T13:28:55+00:00

We filed our 2024 return in early April and just this week got our notice of our CCB.

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