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?
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GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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Saudi foreign minister defends deficit spending as manageable after credit rating downgrade
– canadianbusiness.com
MANAMA, Bahrain – Saudi Arabia’s top diplomat says the kingdom can manage its deficits despite a steep drop in oil prices, a day after a leading rating agency cut the country’s credit rating.
Foreign Minister Adel al-Jubeir made the comments Saturday at a security conference in Bahrain, saying “the deficits the kingdom will be running this year are manageable.”
Ratings agency Standard & Poor’s cut Saudi Arabia’s credit rating by one notch from “AA-” to “A+” and said the credit outlook for the kingdom remains negative.
Saudi Arabia’s Finance Ministry strongly disagreed with the decision, describing it as “reactionary” and driven by fluid market conditions rather than the economic fundamentals.
The post Saudi foreign minister defends deficit spending as manageable after credit rating downgrade appeared first on Canadian Business – Your Source For Business News.
Foreign Minister Adel al-Jubeir made the comments Saturday at a security conference in Bahrain, saying “the deficits the kingdom will be running this year are manageable.”
Ratings agency Standard & Poor’s cut Saudi Arabia’s credit rating by one notch from “AA-” to “A+” and said the credit outlook for the kingdom remains negative.
Saudi Arabia’s Finance Ministry strongly disagreed with the decision, describing it as “reactionary” and driven by fluid market conditions rather than the economic fundamentals.
The post Saudi foreign minister defends deficit spending as manageable after credit rating downgrade appeared first on Canadian Business – Your Source For Business News.
With low-limit cards, watch credit utilization closely
– creditcards.com
Building your credit with a $300 limit card means if you buy a big-ticket item, don’t wait, send in an extra payment


