A line of credit is derailing my mortgage application + MORE May 14th

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 american express

6 things you didn’t know could be hurting your credit rating + MORE Jun 8th

How’s your credit rating? Unless you’re looking for a mortgage or another type of loan, you probably don’t think about this very often—especially if you’re diligent about paying your bills. Your credit rating is probably good…right? Well, not necessarily, and that’s a surprise to .... More »
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July 19 Update: World of Hyatt adds 20 more Small Luxury Hotels of the World locations, earn 5x points on some fancy cookies in YYC & two new Amex Offers + MORE Jul 19th

Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. Hyatt''s World of Hyatt program added 20 more Small Luxury Hotels locations to the program last week. The 20 locations are spread out around t.... More »
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Credit card bill autopayments: tips for getting it right + MORE Jul 22nd

Setting up autopayments can prevent slip-ups that can ruin your credit score.... More »
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More details on the revamped Scotiabank Gold American Express Card - all changes are confirmed + MORE May 8th

Two weeks ago we gave quick mention to changes coming to the Scotiabank Gold American Express Card. These changes have been confirmed with Scotia and cardholders are now receiving notices of the changes which are for the most part better!Here is a summary of what's happening to the card:Item Changin.... More »
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What can you claim on your income taxes: 7 deductions not to miss + MORE Dec 1st

There are some tax deductions and credits you know you should claim on your income tax return every year. It’s unlikely you’ll ever forget to deduct your RRSP contributions, for example, and claiming a tax credit for your charitable donations is a no-brainer. But other claims can be easy to over.... More »
May 13 Update: WestJet Elite Fast Track Offer, Finnair Transatlantic Bonus, 2 Weeks left for the up to 30,000 mile offer on TD Aeroplan Visa InfiniteNews, Tips & Tricks Just post from the last 24 hours and bonuses for you today! Posts since our last update: WestJet Simplicity – Fast Track to Elite Status, On-time guarantees and more for flying the Eastern Triangle and to New York LGA On May 6th WestJet launched WestJet Simplicity, a new initiative for their flights on the Eastern Triangle and to… Choice Hotels Summer Promo: 8,000 Privileges Points after two separate stays Choice Hotels Privileges is the next major hotel chain to release their summer systemwide promo and guess what? It’s…Two weeks left to grab the TD Aeroplan Visa Infinite Card with up to 30,000 bonus miles & first year free You have two weeks left to grab this card with its current higher sign up bonus of 25,000 miles… Earn Double Aeroplan Miles on Avianca Brazil flights Air Canada is celebrating their codeshare partnership with Avianca Brazil by offering members double miles for flying on Avianca…Hotel Review: Canalta Hotel Tisdale (Guest Post) We welcome a hotel review guest post today from Bill W…

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Contact the company and ask about a hardship program

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Trudeau announces EI benefits extended to three western regionsPrime Minister Justin Trudeau, right, and Alberta Premier Rachel Notley look over the devastation during a visit to Fort McMurray. (Jason Franson, CP)
EDMONTON — Prime Minister Justin Trudeau says the government is extending employment insurance benefits to three western economic regions that were left out when changes were first made.
“More people … will be getting additional help from the federal government as we add them to the list of areas where residents will have access to extended employment insurance benefits,” Trudeau announced Friday in Edmonton.
“We said we would continue to monitor and assess the situation and act if need be,” he said. “Edmonton, southern Saskatchewan and southern interior B.C. now meet the criteria we established.”
The March budget eased EI waiting periods and added weeks of coverage in 12 parts of the country hit hard by a prolonged downturn in commodity prices.
Related: Why the new EI tax credit could do more harm than good…

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Trudeau announces EI benefits extended to three western regionsPrime Minister Justin Trudeau, right, and Alberta Premier Rachel Notley look over the devastation during a visit to Fort McMurray. (Jason Franson, CP)
EDMONTON — Prime Minister Justin Trudeau says the government is extending employment insurance benefits to three western economic regions that were left out when changes were first made.
“More people … will be getting additional help from the federal government as we add them to the list of areas where residents will have access to extended employment insurance benefits,” Trudeau announced Friday in Edmonton.
“We said we would continue to monitor and assess the situation and act if need be,” he said. “Edmonton, southern Saskatchewan and southern interior B.C. now meet the criteria we established.”
The March budget eased EI waiting periods and added weeks of coverage in 12 parts of the country hit hard by a prolonged downturn in commodity prices.
Related: Why the new EI tax credit could do more harm than good…

Continue Reading On macleans.ca »

A line of credit is derailing my mortgage applicationIn our April 2016 issue of MoneySense, we introduced you to Lindsay Tithecott, a 29-year-old who is trying to pay down debt, build up savings and buy a larger condo. Throughout the year we’ll be giving her a financial challenge every two weeks to help her get her finances in tip top shape. She’s already been challenged to cut her fitness expenses as well as to determine if she should prioritize debt-repayment over saving. Lindsay’s third challenge was all about condo-buying and the various aspects associated with that process.
Challenge No. 3 — An update

Over the last couple of weeks, Lindsay has done some legwork and gone to a competitor bank to find out how large of a mortgage she’d need to purchase a two-bedroom condo in Kamloops, B.C. She’s also learned about the costs of CMHC mortgage insurance as well as large a mortgage she’d be eligible for.
Lindsay talked about her experience in the video below and then we had experts give her some clarification and advice…

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