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Great deal: $100 nightly resort credit at the Kananaskis Mountain Lodge, Autograph Collection Mar 12th
If you are planning a mid-week stay at the Kananaskis Mountain Lodge, Autograph Collection be sure to check out this offer. Right now you can receive a C$100 Resort Credit per night on Sunday-Thursday stays until the end of April. The great thing about this deal is that is prices the same as the bes.... More »
Top 5 Credit Card Sign Up offers for October - These cards provide some of the best value out of their welcome bonuses + MORE Oct 2nd
Here are the Rewards Canada Top 5 Credit Card Sign Up offers for the month of October! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards that have very good acquisition (sign up) offers. As always when choosing a card you should alwa.... More »
Scientists reexamine 47-year-old fossil and discover a new Jurassic sea monster - ScienceDaily + MORE Aug 4th
Scientists reexamine 47-year-old fossil and discover a new Jurassic sea monster ScienceDaily183-million-year-old sea monster species found hiding in German fossil bed Interesting Engineering.... More »
RWRDS Daily Update – May 28, 2024: RBC Avion Visa Infinite Privilege Review & a Guide to Canadian Hotel Loyalty Programs + MORE May 29th
We review the Ultra Premium RBC Avion Visa Infinite Privilege, updated our Guide to Canadian Hotel Loyalty Programs for 2024 and save 15% on Coast Hotels gift cards. Check out today's points & miles updates here:
The post RWRDS Daily Update – May 28, 2024: RBC Avion Visa Infinite Privilege Re.... More »
How Long Does an e-Transfer Take? + MORE Nov 4th
Interac e-Transfer has revolutionized how Canadians move money to each other, reducing the number of cheques written by the millions. But how long do e-Transfers take, and is there a way to speed up the process?
In this article, I explain why some e-Transfers are almost instant, and others can take .... More »
Canada’s privacy commissioner investigating Equifax as two executives leave company
– theglobeandmail.com
The credit monitoring company’s call centre staff have told callers that only Canadians that have credit files in the U.S. were likely to be impacted
Q&A: Applying for a second card? Keep the first one open
– creditcards.com
If you’re applying for a second card, don’t close the first one. It could boost your credit score.
Household debt to disposable income ratio climbs to record in second quarter
– canadianbusiness.com
OTTAWA _ The amount Canadians owe compared with their disposable income hit a record high in the second quarter as per capita household net worth inched lower.
Statistics Canada said Friday household credit market debt as a proportion of household disposable income increased to 167.8 per cent, up from 166.6 per cent in the first quarter.
That means for every dollar of household disposable income there was $1.68 in credit market debt.
The increase in the debt ratio came as household net worth on a per capita basis fell by $1,300 to $285,900.
“A decline in household net worth, albeit modest, alongside a sharp increase in consumer credit growth are notable as together they suggest that the ability of households to absorb higher interest rates continued to deteriorate,” RBC economist Laura Cooper wrote in a report.
Household debt has been identified as a key risk for the economy as low interest rates have made it easier for Canadians to borrow money. However, rates have started to climb in recent months…
Statistics Canada said Friday household credit market debt as a proportion of household disposable income increased to 167.8 per cent, up from 166.6 per cent in the first quarter.
That means for every dollar of household disposable income there was $1.68 in credit market debt.
The increase in the debt ratio came as household net worth on a per capita basis fell by $1,300 to $285,900.
“A decline in household net worth, albeit modest, alongside a sharp increase in consumer credit growth are notable as together they suggest that the ability of households to absorb higher interest rates continued to deteriorate,” RBC economist Laura Cooper wrote in a report.
Household debt has been identified as a key risk for the economy as low interest rates have made it easier for Canadians to borrow money. However, rates have started to climb in recent months…
The Equifax hack is Canada’s problem, too. So where’s the outrage?
– theglobeandmail.com
Equifax is in deep trouble, and so are the many lenders who shared customer credit information with the company
