Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
Take the Quiz: Do You Know Your Credit Score Fundamentals? Jun 26th
Your credit score is a very important number, which can help you get an apartment, car loan, mortgage, personal loan, or rewards credit card, among other financial decisions.
It is vital to know your credit rating and, if necessary, how to improve it. Staying up to date with your credit report can .... More »
Is It Worth Getting a U.S. Dollar Credit Card? Mar 14th
According to the most recent census, two out of three (66%) Canadians live within 100 kilometres of the U.S. border. So, naturally millions of citizens cross over to the 13 neighbouring states every month. Many snowbirds even choose to stay for part of the year. But, with the value of the loonie si.... More »
Three Things to Expect from Rising Interest Rates in 2019 + MORE Dec 19th
Are they going to increase? By how much? And how will that affect me?
As we reflect on the past year, one of the big money stories everyone is talking about is the rise of the key interest rate. In 2018, the Bank of Canada (BoC) raised the overnight lending rate three times from 1.00 per cent to 1.... More »
Credit Card Rewards Redemptions Are Surging During COVID-19 + MORE Sep 2nd
The number of Canadians redeeming credit card points for everyday purchases is surging during the pandemic, according to a study by CIBC. Typically, Canadians would use their credit card points to travel this time of year. However, COVID-19 continues to restrict border crossings and flights, which .... More »
Stock markets fall into bear market territory after Mnuchin and Trump stoke worries Dec 25th
Stock markets sold off on Monday after U.S. Treasury Secretary Steven Mnuchin called the heads of six major U.S. banks Sunday in an apparent attempt to reassure jittery financial markets — but ended up only stoking investor fears..... More »
Scotiabank Passport™ Visa Infinite* Review
– ratesupermarket.ca
Attention MoneyWise readers! Sign up for the Scotiabank Passport™ Visa Infinite* Card today and for a limited time, get up to 25,000 bonus points with your first $1,000 in everyday purchases in the first three months. That’s already $250-worth of rewards!
And for a limited time, get $75 IN CASH via Interac e-Transfer or a gift card from RateSupermarket.ca upon approval!
For all you frequent flyers, Scotiabank currently features a roster of some of the best travel credit cards in Canada, each with their own perks and benefits. But the Scotiabank Passport™ Visa Infinite* in particular can easily get you to your next destination and provide you with extensive luxury travel benefits and insurance.
Within three months, the card already reaps benefits, as their bonus point offer alone qualifies for a flight worth $250. In addition, its earning potential and flexible redemption process makes the card a decent everyday option.
This card carries a $139 annual fee, and cardholders must have a good credit score to qualify, as well as a personal annual income of at least $60,000 or a total household annual income of at least $100,000…
Farmers along lower Fraser River prepare for flooding – Toronto Star
– news.google.ca
Toronto StarFarmers along lower Fraser River prepare for floodingToronto StarNICOMEN ISLAND—Farmers along the banks of the lower Fraser River were preparing for possible flooding Wednesday as water levels on the iconic river continued to rise. On Barnston Island, located between Pitt Meadows and Surrey B.C., farmers moved …More BC properties threatened as Fraser River surgesCTV NewsDelta might see foreshore flooding in MayPeace Arch Newsall 17 news articles »
Home Capital Group Inc. has secured a $500-million standby credit line from two unnamed Canadian banks to replace its more costly emergency funding facility from Warren Buffett’s Berkshire Hathaway Inc.
Farmers along lower Fraser River prepare for flooding – Toronto Star
– news.google.ca
Toronto StarFarmers along lower Fraser River prepare for floodingToronto StarNICOMEN ISLAND—Farmers along the banks of the lower Fraser River were preparing for possible flooding Wednesday as water levels on the iconic river continued to rise. On Barnston Island, located between Pitt Meadows and Surrey B.C., farmers moved …More BC properties threatened as Fraser River surgesCTV NewsDelta might see foreshore flooding in MayPeace Arch Newsall 17 news articles »