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Latest News
The new CIBC Aeroplan® Visa Infinite* Card offer is 10,000 Bonus Aeroplan Points and a buddy pass for travel in North America including Hawaii & Mexico + MORE Nov 9th
The last set of cards we look at early this morning (or late at night for those out West like us) are the CIBC Aeroplan cards. We start with their mainstay card - the CIBC Aeroplan® Visa Infinite* Card which is CIBC's equivalent card to the TD® Aeroplan® Visa Infinite* Card and replaces the vener.... More »
What Is a Black Card & Black Credit Card Alternatives + MORE May 6th
A select few credit cardholders in Canada benefit from the exquisite benefits of a credit card known as the black card. You can’t apply for a black credit card – it’s invite-only, and the bar to qualify is set pretty high.
When most people bring up the black card, they likely refer to the .... More »
September 11 Update: Air Canada upgauges Ottawa-London while cutting Ottawa-Frankfurt, Amex adds Vancouver's TransLink as a merchant & much more! + MORE Sep 12th
Yesterday we brought you the news that Lufthansa will be launching new flights between Ottawa and Frankfurt. At the time we wondered if Air Canada would continue their summer seasonal service on the same route. Confirmation came late yesterday afternoon that they will not fly the route anymore, t.... More »
Chase Marriott and Amazon Visas come to a complete close on March 15 + MORE Jan 16th
Nearly a year ago Chase stopped accepting new applications for the Amazon.ca Visa and then late in summer 2017 they also stopped accepting applications for the Marriott Premier Visa card. Now we have received the news that both cards will come to a close on March 15 for existing cardholders. This wi.... More »
Charged Up! podcast: Helping low-income entrepreneurs get credit + MORE Nov 29th
Are you a budding entrepreneur with no access to credit for a number of reasons? We learn about new programs judging loan worthiness based on different criteria.... More »
Business Highlights
– canadianbusiness.com
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Bull market for stocks keeps on going in 2014
Stocks delivered again in 2014.
Even after a poor start in January and some later wobbles, the U.S. market has climbed 11.4 per cent and is ending the year close to record levels. The gain has pushed the bull run for stocks into its sixth year, the longest streak since the 1990s.
Investors have been encouraged by rising corporate earnings and a strengthening U.S. economy, which helped overcome concerns about Russia and the end of the Federal Reserve’s stimulus program. Those who stuck it out were rewarded with double-digit returns for the fifth year out of the last six.
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Big winners in China’s stock market boom
BEIJING (AP) — 2014 was the Year of the Bull in China’s stock market as the main index surged 54 per cent, buoyed by hopes Beijing will do more to reverse a slowdown in the world’s second-largest economy.
A rally that began in June has been supported by easier credit to finance trading and cheerleading from the state press, which says China needs active stock markets to make the economy more productive…
Bull market for stocks keeps on going in 2014
Stocks delivered again in 2014.
Even after a poor start in January and some later wobbles, the U.S. market has climbed 11.4 per cent and is ending the year close to record levels. The gain has pushed the bull run for stocks into its sixth year, the longest streak since the 1990s.
Investors have been encouraged by rising corporate earnings and a strengthening U.S. economy, which helped overcome concerns about Russia and the end of the Federal Reserve’s stimulus program. Those who stuck it out were rewarded with double-digit returns for the fifth year out of the last six.
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Big winners in China’s stock market boom
BEIJING (AP) — 2014 was the Year of the Bull in China’s stock market as the main index surged 54 per cent, buoyed by hopes Beijing will do more to reverse a slowdown in the world’s second-largest economy.
A rally that began in June has been supported by easier credit to finance trading and cheerleading from the state press, which says China needs active stock markets to make the economy more productive…
OTTAWA – Newly-released figures show an estimated 176 people were turned away from Canada after the imposition of a partial travel ban from Ebola-affected countries in West Africa.
The federal government put the controversial measures in place at the end of October, barring people from Guinea, Liberia and Sierra Leone from receiving visas to come to Canada.
At the same time, the government announced it would also stop processing visa and visitor applications in the queue.
In newly-published information, the immigration department says an estimated 176 applications have been affected, resulting in a return of approximately $20,000 in fees.
The World Health Organization had asked countries not to close their borders due to the Ebola outbreak and Canada’s move drew widespread condemnation.
But the government said the ban was only partial as it did not apply to Canadians coming from the affected region nor people who already had visas, and thus did not contravene international health regulations…
The federal government put the controversial measures in place at the end of October, barring people from Guinea, Liberia and Sierra Leone from receiving visas to come to Canada.
At the same time, the government announced it would also stop processing visa and visitor applications in the queue.
In newly-published information, the immigration department says an estimated 176 applications have been affected, resulting in a return of approximately $20,000 in fees.
The World Health Organization had asked countries not to close their borders due to the Ebola outbreak and Canada’s move drew widespread condemnation.
But the government said the ban was only partial as it did not apply to Canadians coming from the affected region nor people who already had visas, and thus did not contravene international health regulations…
9 baby steps that lead to big financial goals
– creditcards.com
Breaking down big goals into baby steps makes them seem less overwhelming. We’ve come up with a few small actions to get on the path to financial health and sound credit
We see the return of the 8x Aeroplan Miles for stays at Best Western Hotels in the New Year. Last seen in the summer of 2014 this offer is one of the best airline mileage earning offers for BW stays. Offers like these are always useful if Best Western is not you main choice for hotels and hence don’t have a use in collecting Best Western Rewards points!Offer Details:8x Aeroplan Miles for each qualified stay at any Best Western® branded hotel in Canada, the United States, or the Caribbean Islands. Full details, Online Registration and Booking (Registration is required) Jan 1 – Apr 30, 15Can’t make use of this offer? Be sure to visit our Aeroplan Bonus Miles page for many more offers! Easyhome sells U.S. business to its master franchisor for $4.9M
– canadianbusiness.com
MISSISSAUGA, Ont. – Easyhome Ltd. (TSX:EH), a provider of financial and other services to high-risk borrowers, has sold its U.S. franchise business for $4.9 million to its U.S. master franchisor, Easygates LLC.
Previously, Easyhome and Easygates split the royalties associated with the U.S. franchise network. Under the terms of the sale agreement, Easygates has acquired from Easyhome its rights to receive its share of those royalties.
“The sale of our U.S. franchise business to Easygates is consistent with Easyhome’s strategic objectives of focusing on the Canadian marketplace by growing our Easyfinancial consumer finance business and continuing to improve the profitability of our Canadian leasing business,” president and CEO David Ingram said in a statement announcing the deal on Wednesday.
Easyhome Ltd. focuses on cash- and credit-constrained consumers through two divisions. Easyhome offers household furnishings, appliances and home electronic products to consumers under weekly or monthly leasing agreements through both corporate and franchise stores…
Previously, Easyhome and Easygates split the royalties associated with the U.S. franchise network. Under the terms of the sale agreement, Easygates has acquired from Easyhome its rights to receive its share of those royalties.
“The sale of our U.S. franchise business to Easygates is consistent with Easyhome’s strategic objectives of focusing on the Canadian marketplace by growing our Easyfinancial consumer finance business and continuing to improve the profitability of our Canadian leasing business,” president and CEO David Ingram said in a statement announcing the deal on Wednesday.
Easyhome Ltd. focuses on cash- and credit-constrained consumers through two divisions. Easyhome offers household furnishings, appliances and home electronic products to consumers under weekly or monthly leasing agreements through both corporate and franchise stores…
