How to go about securing the best rate and plan for your credit card in Canada.
Latest News
Survey: Average card APR remains near record high + MORE May 5th
May 4, 2016: Average rates on new credit card offers remained unchanged this week, according to the CreditCards.com Weekly Credit Card Rate Report..... More »
National Bank Customers Can Now Make International Transfers by Mastercard and Interac + MORE Jun 8th
National Bank, one of Canada’s largest and oldest financial institutions, is offering its users a more natural way to send money abroad, thanks to the new feature announced by the bank in May. The new International Transfer by Mastercard and Interac is a joint, cross-border solution for Canadians.... More »
2019 will bring big changes, more control to first-time borrowers + MORE Jan 7th
Beginning this year, young borrowers with thin or non-existent credit histories will be able to proactively influence their FICO scores by granting credit bureaus access to more of their financial information..... More »
An important note on the HSBC World Elite Mastercard’s 65+ Emergency Medical Coverage + MORE Mar 22nd
This past February the HSBC World Elite Mastercard underwent some changes that included some major improvements to the insurance coverage provided with the card. One of those improvements was the addition of the 21 day out of province emergency medical coverage for those 65 and older. It was with t.... More »
RWRDS Daily Update – July 23, 2024: 25% more value for Aeroplan redemptions with Air Canada Vacations + MORE Jul 24th
Receive 25% more value for Aeroplan redemptions with Air Canada Vacations & Coast Hotels adds new property in Courtenay, B.C.. Check out today's points & miles updates here:
The post RWRDS Daily Update – July 23, 2024: 25% more value for Aeroplan redemptions with Air Canada Vacations app.... More »
Did 65 million people get an iPhone 6 for Christmas?
– macleans.ca
Tech Week continues today, with Apple and Yahoo! releasing their quarterly earnings, and the big question is how many iPhone 6s Apple just sold (the average estimate: 65 million). Tomorrow, Facebook reports its quarterly earnings, following a brief outage/outrage this morning that prompted panic among many a social media addict. There is also some turmoil in Russia today, as the Kremlin reacts to a credit downgrade to “junk” status.
What to watch for today: The U.S. Federal Treasury is meeting today and tomorrow, and will make its interest-policy announcement tomorrow. There’s no rate hike expected immediately, but, at the last meeting, just a word change—a pledge to be “patient” from Janet Yellen—pushed an extended market rally. There will also be numbers from the U.S. on durable goods and new home sales, giving insight into the health of the American housing market.
Rate cutting begins at Canada’s big banks. Last week, it looked as though a rate cut by the Bank of Canada hadn’t had an immediate impact on mortgage rates for average borrowers…
Did 65 million people get an iPhone 6 for Christmas?
– macleans.ca
Tech Week continues today, with Apple and Yahoo! releasing their quarterly earnings, and the big question is how many iPhone 6s Apple just sold (the average estimate: 65 million). Tomorrow, Facebook reports its quarterly earnings, following a brief outage/outrage this morning that prompted panic among many a social media addict. There is also some turmoil in Russia today, as the Kremlin reacts to a credit downgrade to “junk” status.
What to watch for today: The U.S. Federal Treasury is meeting today and tomorrow, and will make its interest-policy announcement tomorrow. There’s no rate hike expected immediately, but, at the last meeting, just a word change—a pledge to be “patient” from Janet Yellen—pushed an extended market rally. There will also be numbers from the U.S. on durable goods and new home sales, giving insight into the health of the American housing market.
Rate cutting begins at Canada’s big banks. Last week, it looked as though a rate cut by the Bank of Canada hadn’t had an immediate impact on mortgage rates for average borrowers…
Losers and winners in economic policy
– macleans.ca
Newfoundland and Labrador Premier Paul DavisNewfoundland is rattling its sabre again. This time it is refusing to enforce the terms of the Canada-EU trade agreement (CETA) regarding government procurement unless the federal government pays the compensation Newfoundland claims it was promised.
But wait a second. Isn’t the CETA good for Canada? Aren’t federal ministers and business lobby groups trumpeting its advantages? In reality, when it comes to economic policy changes, there is no such thing as “good for Canada” or even a “good for Newfoundland.” There are just groups of individuals with different interests. When an economist tells you some economic policy change is good for Canada or Ontario or Calgary, they are forgetting some basic undergraduate economic theory.
In undergraduate courses, economics students discover that theory gives them few tools to compare the well-being of different individuals. Economists usually fall back on the concept of “Pareto improving” policy changes…
Losers and winners in economic policy
– macleans.ca
Newfoundland and Labrador Premier Paul DavisNewfoundland is rattling its sabre again. This time it is refusing to enforce the terms of the Canada-EU trade agreement (CETA) regarding government procurement unless the federal government pays the compensation Newfoundland claims it was promised.
But wait a second. Isn’t the CETA good for Canada? Aren’t federal ministers and business lobby groups trumpeting its advantages? In reality, when it comes to economic policy changes, there is no such thing as “good for Canada” or even a “good for Newfoundland.” There are just groups of individuals with different interests. When an economist tells you some economic policy change is good for Canada or Ontario or Calgary, they are forgetting some basic undergraduate economic theory.
In undergraduate courses, economics students discover that theory gives them few tools to compare the well-being of different individuals. Economists usually fall back on the concept of “Pareto improving” policy changes…
Credit card agreement — Quick guide
– creditcards.com
Your credit card terms and conditions can be a little overwhelming. But when signing up for a new card, it’s important to know what you’re getting into. We’ve created this short list of the most important terms to watch for
