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Alterna Blog

Discover the good Alterna does in our communities and financial advice for all stages of life.

Homebuying
How to Choose the Best Mortgage Option
By Alterna Team
August 15, 2021

Lee Galley is the owner of The Market, a small independent grocery store in Lakefield, Ontario, that features fresh local producers and brands.

Over the past months, the Bank of Canada has made increases in its benchmark interest rate, bringing it to the highest level in years, with further increases forecasted. These increases directly influence the Alterna Prime Rate, which impacts any loans with a variable rate.

A Registered Retirement Savings Plan is an investment account designed to help you prepare for retirement by maximizing your savings. 

Here are some strategies to help you get out of the red and into the black.

A Tax-Free Savings Account is a great tool for both short and long term savings.

You’ve heard of both a Tax-Free Savings Account and Registered Retirement Savings Plan. Here are the key differences between these two accounts.