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Latest News
What You Need to Know About the Canadian Mortgage Stress Test Nov 5th
In late 2017, OSFI, the agency that supervises and regulates Canada’s banks, unveiled a new mortgage stress test, designed to protect Canadian borrowers from increasing debt burdens, and the prospect of rising interest rates. It also served to cool off a couple of Canada’s most expensive housing.... More »
Do YOU Have a Winner In Your Wallet? + MORE Dec 6th
Did you know… the right credit card can be a powerful financial tool? Whether you love rewards, paying less interest, or conquering a lingering balance, the perfect plastic can help you achieve those goals. But which cards in Canada stand out from the rest?
We’re pleased to present the 2014 edi.... More »
Is Wealthsimple a bank? Not exactly, but it’s launching new “banking” services Jun 12th
Canadians aren’t short of credit card options, that’s for sure. At an average of two to three credit cards per person, we have more credit cards than debit cards in our wallets. But there’s still room for one more, suggests Wealthsimple with its recently launched bank-like offerings, including.... More »
Unsecured or Secured Credit Cards – What’s the Difference? May 10th
Are you looking for secured credit cards? Not sure if you should open a secured or unsecured card? If you’re rebuilding your credit score, a secured credit card can help you get your credit back on track. An unsecured credit card requires you to have established credit and can often include t.... More »
To Spend or Not to Spend: What to Do with Your Travel Rewards Points Amid a Global Pandemic May 11th
Travel came to a screeching halt in the second week of March. Since then, travel programs and third-party providers have been working with members to reimburse rewards and cancel itineraries. Cardholders are without a choice but to postpone their upcoming vacations indefinitely. But that doesn’t .... More »
U.S. close to bringing criminal charges against big banks
– theglobeandmail.com
Prosecutors seek guilty pleas from European giants Credit Suisse and BNP Paribas in signal to Wall Street that banks must be accountable to actions
