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Latest News
3 Reasons Why You Need to Get a New Credit Card Before Black Friday Oct 16th
The right credit card can help protect you from online fraud, shoddy deals, and, of course, save you cash.
It feels like fall has only started, yet department stores are already reminding you that the holidays are right around the corner. And deal-happy Canadians are already setting their sigh.... More »
Best Canadian Bank Stocks: Where to Invest in Canadian Financial Services in 2021 Nov 15th
When it comes to the stock market, there are no guarantees. But Canadian banks are about as close as it gets. They’ve led the way for years, generating huge profits, stable earnings growth, and consistent dividend payouts. But with several banks to choose from, Canadian investors might be wonderin.... More »
The best GIC rates in Canada for 2024 + MORE May 29th
Investing
The best GIC rates in Canada for 2024
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Find the best rate
Tap "Return to top" to come back here.
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The best credit cards in Canada for 2024 Sep 21st
MoneySense has ranked the best credit cards in Canada across numerous categories of cards. On this page, however, you’ll find the best of the best: the cards that top their respective categories and cater to the needs of most Canadians. Use the tool below to compare credit card options, or keep sc.... More »
The 7 best credit cards for newcomers to Canada for 2023 + MORE Aug 12th
Credit Cards
The 7 best credit cards for newcomers to Canada for 2023
As a newcomer, you’ll want a credit card that offers you the best value without having a long Canadian credit history. Here’s a list of our favourite cash back, rewards, low-interest cards and more.
.... More »
24 Sussex revamp could cost $38 million: report
– macleans.ca
The Canadian prime ministers’ residence, 24 Sussex, is seen on the banks of the Ottawa River in Ottawa on Oct. 26, 2015. THE CANADIAN PRESS/Sean KilpatrickOTTAWA – A report from iPolitics says restoration and repairs to the prime minister’s residence at 24 Sussex Drive, including building a new annex with private quarters and a pool, could cost almost $38 million.
The online news site says documents provided mainly by development consultants Marshall & Murray Inc., and Ottawa-based KWC Architects, with numbers up to date as of last February, suggest renovations to the main building to replace the electrical system, install new exterior windows and doors and build a new sun room, among other things, are projected to cost $13.49 million.
The report says there is also a proposal to spend another $11.99 million to erect a new building on the site, replacing a pool house built for Pierre Trudeau in 1975.
It says the existing pool house would be demolished and replaced by new living quarters for the prime minister, leaving the existing residence to accommodate state and support functions…
Sudden currency move spoils business at Indian food market
– canadianbusiness.com
NEW DELHI – The scale of India’s cash economy can be seen in the Azadpur Mandi wholesale fruit and vegetable market. Trucks bring load after load of fresh produce to its grimy lanes every day. Then a complex web of wholesale merchants, smaller traders and retailers delivers the produce to most of north India.
Almost every transaction, like most in India, is done in cash. And business at the massive New Delhi market is evaporating, the food spoiling and wasted, two weeks after the government’s surprise currency move made more than 80 per cent of India’s banknotes useless.
By withdrawing all 500- and 1,000-rupee notes from circulation, the government is trying to clean India’s economy of “black money,” or untaxed wealth. Its success remains to be seen, but for now the move has created serpentine queues outsides banks and ATMs of people replacing their rupee notes or making small withdrawals.
Few people have access to banks, however. The vast majority of Indians earn and spend in cash, and more than half of the country’s 1…
Almost every transaction, like most in India, is done in cash. And business at the massive New Delhi market is evaporating, the food spoiling and wasted, two weeks after the government’s surprise currency move made more than 80 per cent of India’s banknotes useless.
By withdrawing all 500- and 1,000-rupee notes from circulation, the government is trying to clean India’s economy of “black money,” or untaxed wealth. Its success remains to be seen, but for now the move has created serpentine queues outsides banks and ATMs of people replacing their rupee notes or making small withdrawals.
Few people have access to banks, however. The vast majority of Indians earn and spend in cash, and more than half of the country’s 1…
Review: American Express Essential™ Credit Card
– ratesupermarket.ca
In August, American Express introduced the American Express Essential™ Credit Card to the Canadian marketplace. This brand new low-rate card differs from its competitors because of its 8.99% annual interest rate, whereas the majority of products within this category have rates ranging from 9.90 per cent to 14.99 per cent. It also has no annual fee, unlike many of its competitors. Additionally, new cardholders can take advantage of its low 1.99 per cent interest balance transfer rate for the first six months.
Card Features: Average
The American Express Essential™ Credit Card is mainly aimed at giving cardholders a bit of a break on long-term balances by offering a much lower-than-average annual interest rate. And because it’s an American Express card, it offers plenty of other features, including:
A balance transfer option at the time of application
The Front of the Line program, giving cardholders advance or special access to events, reserved tickets, e-updates and special offers
24/7 customer service
Apple Pay
No fee for supplementary cards
Annual Interest and Balance Transfer Features: Average
Cardholders must take advantage of the 1…
