The “Big Five” Canadian banks 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). Are there other viable options?
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The best TD credit cards in Canada 2020 + MORE Aug 21st
Formed through a merger between financial giants Bank of Toronto and The Dominion Bank in 1955, TD is one of Canada’s most storied big five banks. It offers a wide array of financial services including an impressive portfolio of more than two dozen credit cards. We break down the best TD credit ca.... More »
This Year’s Best Rewards Credit Cards for Groceries Nov 7th
According to Statistics Canada, the average Canadian household spends $9,102.40 on food every year. And whether you’re single or have a family of growing tots to feed, you understand that spending more than you anticipated at the grocery store is all but too easy (Pro tip: Don’t go to the groce.... More »
Travelling to Greece? Bring cash and cards + MORE Jun 29th
Customers queue in front of the National Bank to use ATM to withdraw cash on June 28, 2015 in Athens, Greece. (Photo by Milos Bicanski/Getty Images)
—Updated on Monday, June 29 at 5:35 p.m.—
The government of Canada is advising visitors to Greece to bring enough cash to cover unexpected to trav.... More »
The Best Store Credit Cards of 2019 Dec 12th
We all have that favourite superstore – the one that sells everything under the sun, from car batteries and patio furniture to sports drinks and baby clothing.
And while we may spend hundreds or even thousands of dollars at these stores per year, it’s time to consider how you can get a return o.... More »
Best credit cards in Canada with free roadside assistance 2023 + MORE Jul 18th
Add “roadside assistance” to the list that includes a plunger, first-aid kit and a screwdriver small enough to fix your sunglasses: “Things you don’t realize you need, until you need them.” But this credit card perk can feel like you won the lottery when you’re stranded on the highway du.... More »
Tax breaks for banks, commuters, teachers and more are renewed in final 2014 push by Congress
– canadianbusiness.com
WASHINGTON – Banks, retailers, commuters and teachers will keep their temporary tax breaks for another year after Congress gave final approval Tuesday to a massive tax package affecting millions of businesses and individuals.
The last-minute bill would extend the expired tax breaks through the end of the year, enabling taxpayers to claim them on their 2014 tax returns. Beyond this year, their fate will once again be uncertain.
The package now goes to President Barack Obama, who is expected to sign it. It would add nearly $42 billion to the budget deficit over the next decade, according to congressional estimates.
The 54 tax breaks benefit big corporations and small businesses, as well as struggling homeowners and people who live in states without a state income tax. More narrow provisions include tax breaks for filmmakers, racehorse owners and rum producers in Puerto Rico and the Virgin Islands.
The Senate voted 76-16 to approve the package Tuesday evening as lawmakers rushed to finish their work before heading home for the holidays…
The last-minute bill would extend the expired tax breaks through the end of the year, enabling taxpayers to claim them on their 2014 tax returns. Beyond this year, their fate will once again be uncertain.
The package now goes to President Barack Obama, who is expected to sign it. It would add nearly $42 billion to the budget deficit over the next decade, according to congressional estimates.
The 54 tax breaks benefit big corporations and small businesses, as well as struggling homeowners and people who live in states without a state income tax. More narrow provisions include tax breaks for filmmakers, racehorse owners and rum producers in Puerto Rico and the Virgin Islands.
The Senate voted 76-16 to approve the package Tuesday evening as lawmakers rushed to finish their work before heading home for the holidays…
Indian low budget airline SpiceJet grounded after oil companies stop supplies of jet fuel
– canadianbusiness.com
NEW DELHI – Low-cost Indian airline SpiceJet has grounded all flights after oil companies stopped supplies of jet fuel to the financially beleaguered carrier.
No SpiceJet flights had taken off Wednesday, Press Trust of India reported.
India’s civil aviation ministry Tuesday asked state-owned oil companies and airport operators to extend credit to SpiceJet for 15 days to prevent the airline from shutting down. But oil marketing companies are refusing to supply jet fuel to SpiceJet.
The aviation ministry also said it would ask Indian banks to extend loans of around 6 billion rupees ($95 million) to the airline to keep it afloat.
Like many Indian airlines, SpiceJet has been hit by high fuel costs and a weak rupee.
The post Indian low budget airline SpiceJet grounded after oil companies stop supplies of jet fuel appeared first on Canadian Business.
No SpiceJet flights had taken off Wednesday, Press Trust of India reported.
India’s civil aviation ministry Tuesday asked state-owned oil companies and airport operators to extend credit to SpiceJet for 15 days to prevent the airline from shutting down. But oil marketing companies are refusing to supply jet fuel to SpiceJet.
The aviation ministry also said it would ask Indian banks to extend loans of around 6 billion rupees ($95 million) to the airline to keep it afloat.
Like many Indian airlines, SpiceJet has been hit by high fuel costs and a weak rupee.
The post Indian low budget airline SpiceJet grounded after oil companies stop supplies of jet fuel appeared first on Canadian Business.
