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How to Buy and Sell Bitcoin and Other Cryptocurrency in Canada Aug 26th
If you pay attention to investing news at all, it’s impossible not to notice the emergence of Bitcoin. This speculative currency has become enormously popular in Canada, with online exchanges and Bitcoin ATMs showing up just about everywhere. Still, there are many questions that need to be asked. .... More »
Best rewards debit cards in Canada for 2023 + MORE Jun 13th
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The best rewards debit cards in Canada for 2023
These are the debit cards that can earn you rewards like cash back, PC Optimum points, Scene+ points and Air Miles.
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How to tell if a company is honest Aug 16th
Despite what you may witness on Twitter, people generally see the good in others, whether that’s their friends, colleagues or the executives running the companies they invest in. We want to believe a business we’re buying into is on the up-and-up, that what they’re saying about their operation.... More »
The Fed's Obama-Era Hangover Jan 2nd
By paying banks not to lend, the central bank diminished its ability to control interest rates..... More »
Meridian Review: Ontario’s Largest Credit Union vs the Big Banks Nov 25th
I don’t often have an opportunity to write a credit union review. The reason for this is that most credit unions tend to be quite small, and as such, serve a relatively small client base within a very defined (and smallish) geographical area. In short, it doesn’t work all that well for a persona.... More »
The Power of Points: CIBC Survey Shows Canadians Missing Out on Valuable Reward Point Redemptions
– ratesupermarket.ca
Canadians are missing out on some major savings on merchandise, travel, and even chances to pay down their debt. And the answer to “why?” is right under their noses, or at least, right on their monthly bank statement.
According to a recent CIBC survey that reviewed if and how Canadians are using their credit and reward card points, one in five people didn’t know how many points they earned on their cards and 37 per cent rarely or never redeemed their points. When you factor in that, for about half of those surveyed (47 per cent), their primary credit card used for everyday purchases is a rewards card, that equals some major missed savings. While many Canadians that earn reward points say they’re as good as cash, 64 per cent also say they don’t think of them as a financial asset.
Canadians are missing out on a big opportunity with these cards, says Jamie Golombek, the managing director, Tax & Estate Planning, with CIBC Financial Planning and Advice. “It’s important to think of your points as any other asset, and use them to achieve a financial goal,” he said…