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The Best Travel Credit Card Welcome Bonus Offers for November 2024 + MORE Nov 6th
Here are the Best Travel Credit Card Sign Up offers for the month of November 2024. This is not an overall ‘best’ credit card list like our Top Travel Rewards Credit Card rankings for 2024 but instead a look at cards that have the most valuable welcome bonus sign up offers. It must be sa.... More »
Top 5 Credit Card Sign Up offers for September - These cards provide some of the best value out of their welcome bonuses + MORE Sep 11th
Here are the Rewards Canada Top 5 Credit Card Sign Up offers for the month of September! 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 al.... More »
NAFTA: Early sticking points encountered on numerous issues + MORE Sep 5th
MEXICO CITY — Negotiators have run into a series of early sticking points on nearly every major element considered key to achieving a new NAFTA agreement, according to sources who describe a dialogue-of-the-deaf-like approach to sensitive issues.
A recurring pattern has emerged during the current .... More »
November 27 Update: Aeroplan contest winners, 40,000 bonus Be Well points at Rexall and tell us your Mobile Device Insurance stories + MORE Nov 28th
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?
November 27 Update: Aeroplan contest.... More »
Offer extended on the Scotia Momentum VISA Infinite card - 10% back for first three months & first year free May 5th
The popular limited time offer of 10% cash back for the Scotia Momentum Visa Infinite Card has been extended to July 1. Right now for new applications Scotia will award you with 10% cash back on all purchases up to $200 cash back in the first three months. Not only that but they will waive t.... More »
European Central Bank chief says targeted asset purchases, loans to banks are possible
– canadianbusiness.com
SINTRA, Portugal – European Central Bank President Mario Draghi says the ECB could take targeted steps to get credit flowing to struggling small businesses as a way to boost the tepid economic recovery.
Draghi said Monday at a conference in Sintra, Portugal, that the inability to get credit was hurting viable companies in countries such as Spain and Portugal and holding back growth there.
He said the ECB could make more credit available to banks, so that they could lend it on. Or, the ECB could purchase securities based on loans to small companies, an indirect way of making money available.
He said that “could help reduce the drag on the recovery coming from temporary credit supply constraints.”
The ECB is widely expected to take some form of action at its next policy meeting on June 5, but Draghi would not specify what the bank was likely to do.
Many economists think the bank will cut its benchmark interest rate from what is already a record low of 0.25 per cent. That would marginally reduce the cost of credit when banks borrow from the ECB, in hopes they would pass such lower rates on…
Draghi said Monday at a conference in Sintra, Portugal, that the inability to get credit was hurting viable companies in countries such as Spain and Portugal and holding back growth there.
He said the ECB could make more credit available to banks, so that they could lend it on. Or, the ECB could purchase securities based on loans to small companies, an indirect way of making money available.
He said that “could help reduce the drag on the recovery coming from temporary credit supply constraints.”
The ECB is widely expected to take some form of action at its next policy meeting on June 5, but Draghi would not specify what the bank was likely to do.
Many economists think the bank will cut its benchmark interest rate from what is already a record low of 0.25 per cent. That would marginally reduce the cost of credit when banks borrow from the ECB, in hopes they would pass such lower rates on…
