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The best credit card travel perks in Canada Aug 4th
A lot of attention is given to travel credit card rewards, but what about advertised perks? These might seem like small benefits, but the value of these perks can really add up if you’ve got a great card.
We’ll help you navigate the most useful credit card travel perks and help you decide if .... More »
Canadians are quietly overspending on convenience May 24th
There is no doubt that life has become expensive. Everywhere you look, prices are rising: gas, groceries, restaurants, insurance. Everyday essentials that once felt manageable now seem to demand a small emotional recovery period every time you tap your debit or credit card.
If it’s not rising p.... More »
BMO Ascend World Elite Mastercard review May 3rd
If you’re itching to travel again, BMO has a card designed to help you get there. With an attractive insurance package and perks like airport lounge access, the BMO Ascend World Elite Mastercard seeks to tempt users into the BMO Rewards program. But here’s the big question: Is the card good enou.... More »
The different types of home insurance—which one do you need? Jan 7th
Over the course of your lifetime, you’re sure to find yourself in different living arrangements. From your childhood bedroom to eventually purchasing your own house (and all the fun stuff in between), our different homes reflect the transitions of our lives. From the moment we start to live alone.... More »
Tontines in Canada: Moving from theory to practice as a solution to our retirement crisis Sep 29th
For years in his academic papers and some of his 17 published books, famed Canadian finance professor Moshe Milevsky described the history and theory behind a seemingly obscure retirement/longevity insurance structure known as the “tontine.”
Milevsky, who works at the Schulich School of Busi.... More »
CMHC Plans to Insure Fewer Mortgages
– ratesupermarket.ca
Planning to pay less than 20 per cent on your home purchase? You’ll be joining a shrinking pool of buyers who require mortgage insurance from the Canada Mortgage and Housing Corporation (CMHC). The Crown corporation stated in its annual report that it is underwriting less mortgage insurance, and that it has plans to reduce the amount even further.
In the report, CMHC states it insured $557 billion in high-ratio mortgages in 2013, a drop from $566 billion in 2012. The report forecasts it will insure even less in 2014, probably around $545 billion. The decline comes as a result of tightened lending rules, which the government last tweaked in Summer 2012. Now new rules implemented by the CMHC will lead to even fewer homeowners qualifying for mortgage insurance… and CMHC is ok with that.
Stricter Lending to Come
Worried about an overheated housing market, the late Finance Minister Jim Flaherty introduced stricter measures four separate times to curb out-of-control borrowing…
Wynne's pension plan isn't needed: Economists – CANOE
– news.google.ca
CTV NewsWynne's pension plan isn't needed: EconomistsCANOENDP Leader Andrea Horwath, Premier Kathleen Wynne and PC Leader Tim Hudak. (QMI Agency Files). Sun. Latest News. Skinheads group emerges in southern Ontario · Family of oilsands worker killed by bear speaks out · Doug Ford provides Mayor Rob …NDP's Horwath digs into Wynne on auto insurance rates at GTA campaign stopWaterloo RecordLiberals take aim at both NDP, Tories; Hudak proposes business tax cutMontreal GazetteLiberals Release New Attack Ad Aimed at Andrea Horwath640 Toronto Newsall 303 news articles »
