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Latest News
Podcast Episode 117: A discussion with AIR MILES about the past year in loyalty and what we can expect for 2025 Dec 18th
In this episode we welcome Jason Beales of AIR MILES to talk about what the past year of the program and the loyalty industry brought us and what we can expect in 2025. Listen to the podcast here: Watch the podcast here: Topics of discussion: Visit AIR MILES here! Subscribe and listen on your.... More »
Cyber attack disrupts much of the Internet + MORE Oct 21st
LONDON – There have been reports of internet disruption across the East Coast of the United States after a key firm was hit by a cyberattack.
New Hampshire-based Dyn said its server infrastructure was hit by a distributed denial-of-service attack, which works by overwhelming targeted machines with.... More »
3 ways to strengthen weak or nonexistent credit + MORE Jul 13th
Building up your credit will take work and time. But knowing where to get started is key.... More »
Use rewards to boost back-to-school savings + MORE Aug 4th
Stretch your back-to-school shopping budget with credit card rewards.... More »
3 tips for using credit card price protection Jul 7th
Price protection is a little-known credit card perk that could save you hundreds of dollars. But you have to know how it works to take advantage.... More »
Do tax credits really get children to be more active?
– macleans.ca
(Shutterstock)The Prime Minister traveled to Whitby, Ont. on Thursday afternoon to announce some changes to the Children’s Fitness Tax Credit. We have a lot of research on this tax credit, so I have put together here a quick summary to provide some background to the debate.
Currently, the Children’s Fitness Tax Credit (CFTC) allows a credit of up to $500 for spending on children’s sporting activities. Credits are multiplied by 15 per cent to figure out the cash equivalent, so this “$500″ credit only means a maximum of $75 per child in the parents’ pockets. This is a ‘nonrefundable’ tax credit, meaning that you only get the credit if you owe any income tax. About one third of taxfilers have ‘nontaxable’ returns, meaning they already have more credits and deductions than they need to entirely cover their income and owe no tax. More information on the CFTC from the Canada Revenue Agency is here. The analysis of the cost of the tax credit from Finance Canada is here, suggesting it costs around $115 million a year…
The good and the bad of credit account 'piggybacking'
– creditcards.com
Authorized users can greatly benefit from being tagged in an account with a good credit score. But they can also be hurt if the account is not so great
Book Review: Travel Hacking for Canadians by Stephen Zussino
– ratesupermarket.ca
Are you fed up with paying more for less when it comes to travelling? You’re not alone; while the cost of airline tickets continues to rise, customers are losing the perks that were once commonplace. Air travel today means being packed like sardines into airplanes with not enough legroom. You don’t even get a free bag of peanuts anymore! To top it all off, customers are being hit with a slew of new fees – just last month Air Canada and WestJet announced plans to introduce a new $25 for the first checked bag.
What is Travel Hacking?
If you’re unfamiliar with the term “travel hacking”, the concept is simple: it’s about bringing the cost of travel as close to zero as possible. Travel hacking is about fighting back against big airlines who keep introducing new fees, which make air travel unaffordable for the average family. Being a travel hacker means constantly chasing miles, reward points and elite status. Through everyday purchases on your credit card, you can redeem your travel reward points towards free flights and hotels…
Do tax credits really get children to be more active?
– macleans.ca
(Shutterstock)The Prime Minister traveled to Whitby, Ont. on Thursday afternoon to announce some changes to the Children’s Fitness Tax Credit. We have a lot of research on this tax credit, so I have put together here a quick summary to provide some background to the debate.
Currently, the Children’s Fitness Tax Credit (CFTC) allows a credit of up to $500 for spending on children’s sporting activities. Credits are multiplied by 15 per cent to figure out the cash equivalent, so this “$500″ credit only means a maximum of $75 per child in the parents’ pockets. This is a ‘nonrefundable’ tax credit, meaning that you only get the credit if you owe any income tax. About one third of taxfilers have ‘nontaxable’ returns, meaning they already have more credits and deductions than they need to entirely cover their income and owe no tax. More information on the CFTC from the Canada Revenue Agency is here. The analysis of the cost of the tax credit from Finance Canada is here, suggesting it costs around $115 million a year…
Credit cards with access to private airport lounges
– moneysense.ca
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