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Latest News
Meet the Advisors Who Are Expanding Wealth and Enhancing Legacy Planning + MORE Jun 13th
Established families and business leaders trust the boutique wealth advisory firm to multiply wealth and maximize estate value. Leveraging innovative and sophisticated financial strategies, they’re creating monumental financial impact.
Movsessian and Kachani speak about establishing the f.... More »
Earn up to 2,000 Bonus Aeroplan Miles for stays at Marriott Hotels in Canada until the end of June + MORE May 7th
Here is the latest Aeroplan bonus mile offer for Marriott stays in Canada. This one is similar to thos we have seen in the past albeit the bonus is lower than we saw last fall but this makes sense since we are going into high season instead of shoulder/low season.Offer detailsEarn up to 2,000 .... More »
3 ways many rewards cards give you hotel status Feb 24th
There are three ways rewards credit cards can help you earn hotel status -- by giving you a boost toward status, granting you status with your card or moving you up in the elite ranks when you hit a spending milestone..... More »
Scientists discover ultramassive black hole that can fit 30 billion suns - WION + MORE Mar 30th
Scientists discover ultramassive black hole that can fit 30 billion suns WIONAn 'ultramassive' black hole has been discovered that's 33 billion times the mass of the sun Yahoo News Canada‘Einstein Ring’ Light-Bending Reveals One Of The Biggest Black Holes Ever Found &n.... More »
London Drugs will be revamping their LDExtras program and Star Alliance gains their first non-airline partner - Deutsche Bahn + MORE Jul 6th
Here's your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. LDExtras, the loyalty program for London Drugs will be undergoing its first revamp soon! Thanks to our reader Tony L. for alerting us to the announcement from the W.... More »
Third Avenue Management ripples hit global credit, bond risk soars
– theglobeandmail.com
Money manager halts redemptions from high-yield fund while Lucidus Capital Partners liquidates portfolio, putting market ‘in a tantrum’
Why proprietary credit card reward programs are the best option for most Canadians
– RewardsCanada.ca
This feature article was posted to the main Rewards Canada website last Wednesday December 9th right before our computer crashed. Hence not much action here on Rewards Canada since then!As much as Canadians love their reward programs there are two universal truths: a.) It takes too long to accumulate meaningful points and b.) There are never enough flights available when you want to travel.While I’ve written and conducted numerous media interviews on the topic, the best advice I can offer is to understand your options.At their core, true frequent flyer programs such as Aeroplan are all about rewarding your travel behavior. Sure you can earn miles through your credit card spend but the bulk of your earning power is still associated with travel.The AIR MILES Reward Program funny enough is less about frequent travel and more of frequent shopping. You earn a bulk of your miles by shopping at partner retailers, taking advantage of bonus offers and double or triple dripping by using your associated credit card…Canadian household debt level rises
– moneysense.ca
OTTAWA – The amount that Canadians owe compared with their disposable income rose in the third quarter.
Statistics Canada says the amount of household debt compared with disposable income rose to 163.7 per cent compared with 162.7 per cent in the second quarter.
That means the average household has roughly $1.64 in debt for every dollar of disposable income.
The increase came as disposable income increased 0.8 per cent, while household credit market debt grew 1.4.
Total household credit market debt, which includes consumer credit, and mortgage and non-mortgage loans, reached $1.892 trillion.
Consumer credit debt was $572.3 billion, while mortgage debt stood at $1.234 trillion.
How to get out of debt »
The post Canadian household debt level rises appeared first on MoneySense.
Statistics Canada says the amount of household debt compared with disposable income rose to 163.7 per cent compared with 162.7 per cent in the second quarter.
That means the average household has roughly $1.64 in debt for every dollar of disposable income.
The increase came as disposable income increased 0.8 per cent, while household credit market debt grew 1.4.
Total household credit market debt, which includes consumer credit, and mortgage and non-mortgage loans, reached $1.892 trillion.
Consumer credit debt was $572.3 billion, while mortgage debt stood at $1.234 trillion.
How to get out of debt »
The post Canadian household debt level rises appeared first on MoneySense.
'Smart chip' debit cards transition going slowly
– creditcards.com
Chips are coming to debit cards, too, but even more slowly than the change to EMV credit cards. Here are the seven things you need to know about the debit chip transition.
