The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
Latest News
Disappearing Air Miles rewards and other consumer news you may have missed: The Marketplace cheat sheet Jul 31st
Not sure you caught all the biggest consumer and health news stories this week? Don't panic. Read the CBC's Marketplace round-up of what you might have missed..... More »
Sep 10 Update: SPG App to open hotel doors, targeted TD Aeroplan banking offers, Virgin Atlantic Reward Ticket sale + MORE Sep 10th
SPG App technology update, lots of new bonuses and more today! All coming from a very snowy YYC where we lost a beautiful tree overnight from the weight of the ice and snow! This happened even with us being diligent and shaking the trees every few hours before going to sleep! To say I am not happy w.... More »
How paying more than the minimum helps build credit Oct 24th
Paying more than the minimum is good not only for your credit, but for your entire financial well-being.... More »
Aeroplan improves conversion rates to Starbucks but it’s no match for the coffee chain’s recent devaluation + MORE Feb 19th
Air Canada Aeroplan has adjusted the redemption rates and options for converting Aeroplan points to Starbucks Stars. This takes a little bit of heat off the recent devaluation in the Starbucks Rewards program but in the end it still represents an overall lower value for your Aeroplan Points when con.... More »
Earn up to 10,000 Bonus Amex Membership Rewards Points for Fixed Points Travel Program bookings + MORE Mar 1st
American Express is really making a big push for their Fixed Points Travel Program. For this month only if you make Fixeds Point Travel program bookings you can earn bonus miles (essentially a rebate) for doing so. The bonuses are as follows:I'm not going to go into huge details of the Fixed Point T.... More »
Dominion Diamond posts $2.9M Q3 loss; withholds inventory awaiting higher prices
– canadianbusiness.com
TORONTO – Dominion Diamond Corp. (TSX:DDC) dipped into the red ink in its most recent quarter, with the company formerly known as Harry Winston citing a decision to hold back on inventory among reasons for its “modest loss.”
“We continue to progress all of our operational and strategic objectives at Ekati (mine) while Diavik also continues to trim both capital and operating costs,” chairman and CEO Robert Gannicott said in announcing results Tuesday after markets closed.
“The modest loss this quarter reflects expenditures on the Jay project and a decision to hold inventory of some diamond parcels during the Diwali holiday season in India,” Gannicott said.
Although retail demand in the key markets of the U.S., China and Japan remains firm, tightened credit terms available to the polishing industry have recently led to softened prices for rough diamonds, the company said.
As a result, Dominion Diamonds decided to hold $95 million of rough diamond inventory available for sale as stock at the end of the quarter “in the anticipation of improved demand…
“We continue to progress all of our operational and strategic objectives at Ekati (mine) while Diavik also continues to trim both capital and operating costs,” chairman and CEO Robert Gannicott said in announcing results Tuesday after markets closed.
“The modest loss this quarter reflects expenditures on the Jay project and a decision to hold inventory of some diamond parcels during the Diwali holiday season in India,” Gannicott said.
Although retail demand in the key markets of the U.S., China and Japan remains firm, tightened credit terms available to the polishing industry have recently led to softened prices for rough diamonds, the company said.
As a result, Dominion Diamonds decided to hold $95 million of rough diamond inventory available for sale as stock at the end of the quarter “in the anticipation of improved demand…
WestJet Christmas Miracle: real-time giving (Must see video)
– RewardsCanada.ca
If you have been anywhere near any social media over the past two days then chances are you have seen this great WestJet video. Reminds me of Aeroplan’s Bentley promotion done a few months ago where everyone on an Air Canada flight received a new piece of luggage but this one gets even more personal and exciting as Santa grants these WestJet guests with the presents they want for Christmas! Kudos to WestJet. Great Work!Oh and there are a few behind the scenes videos of the making of the above!Santa BloopersHere’s Richard B from WestJet obviously still sporting his Movember ‘stache!
Dec 10 Update: B.C. bans loyalty incentives on prescriptions and Executive Hotels bonuses for December
– RewardsCanada.ca
Tuesdays tend to be a relatively quiet day in the loyalty world, especially in December but we do have one big piece of news for you in regards to earning points and miles on prescriptions in B.C.:News, Tips & TricksRandy M, a loyal Rewards Canada reader for years has been keeping me abreast of the recent ban of awarding loyalty points and miles on prescriptions in British Columbia. The ban took effect on December 2nd and has already spurred a lawsuit by Canada Safeway and Thrifty Foods against the action taken by the B.C. Government. I know Alberta was looking into this but shelved the idea due to a real lack of data showing that prescriptions were only filled for points when they weren’t actually needed. I can only recall one such time where this may have been the case and that was when Rexall offered 15,000 Aeroplan Miles for transferring and filling your first prescription with them on a single Saturday. Say what? A short haul flight for as low as a dispensing fee? Yes that happened but it hasn’t happened again as Rexall was overwhelmed by the response…
