Aeroplan confirms flight reward cancel with no fee policy and pauses expiration of miles + Air Canada Altitude updates + MORE Mar 20th

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Ending soon: 15% cash back welcome bonus (up to $300) with the CIBC Dividend Visa Infinite & Platinum Cards + MORE Jun 24th

The best ever welcome bonus offers on the CIBC Dividend® Visa Infinite* and the CIBC Dividend Platinum® Visa*  will be ending soon! When you apply for and are approved for either of these cards, you’ll now earn 15% bonus† cash back over the course of the first four statement periods. The bonu.... More »
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Best credit cards for airport lounge access 2020 + MORE Nov 28th

For a frequent traveller, lounge access can help ease a long plane journey, especially if you are stuck with multiple connections. Last summer, I was travelling to Toronto from Hong Kong, and after a 10-hour flight to Vancouver, it was nice to have access to food and drink, a quiet place to rest, en.... More »

RWRDS Daily Update – February 13 Feb 14th

The Ultimate WestJet Credit Card Portfolio has been updated and A Hanger event – PMB Meetup is coming to Calgary, YYC! Check out today's points and miles updates here: The post RWRDS Daily Update – February 13 appeared first on Rewards Canada..... More »

The Scotiabank Platinum American Express Card should not be overlooked Jan 7th

There is one Ultra Premium credit card that just can’t seem to get the spotlight, even with it having some significant changes in 2022, it quickly falls into the shadows of other cards. That card is the Scotiabank Platinum American Express card. A sleeping giant in our market, the card fills a.... More »

Astronomers Discover Activity on Distant Centaur Planetary Object - SciTechDaily + MORE Nov 1st

Astronomers Discover Activity on Distant Centaur Planetary Object  SciTechDaily‘Very excited’ astronomers discover activity on rare CENTAUR hybrid of comet and asteroid  RTView Full coverage on Google News.... More »
Government Extends Tax Deadline in COVID-19 Economic Response Plan
In ever-evolving circumstances, Prime Minister Justin Trudeau has announced an $82-billion stimulus package to help Canadians and businesses amid the COVID-19 pandemic. These measures aim to stabilize the economy and support Canadians facing hardships.
The announcement comes as part of Canada’s COVID-19 Economic Response Plan: Support for Canadians and Businesses, which highlights relief efforts.
What Does This Mean for Taxpayers?
To support Canadians during the COVID-19 outbreak, the Canada Revenue Agency (CRA) will defer the tax filing deadline for individuals and certain trusts.
New return filing due dates:

Individuals: June 1, 2020
Trusts with a taxation year ending on December 31, 2019: May 1, 2020

However, the CRA does encourage “individuals who expect to receive benefits under the [Goods and Services Tax Credit (GSTC)] or the Canada Child Benefit not to delay the filing of their return to ensure their entitlements for the 2020-21 benefit year are properly determined.”
Deferral of Income Tax Payments
Taxpayers receive further relief as the CRA will also defer any income tax amounts owing until after August 31, 2020…

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Aeroplan confirms flight reward cancel with no fee policy and pauses expiration of miles + Air Canada Altitude updatesAeroplan has provided further updates on their program tonight in regards to the COVID-19 Pandemic.:Cancel any Flight Reward free of charge, until March 31As we had already announced back on March 12 they are providing free cancellations of award tickets with the full amount of miles being refunded back to your account and all taxes/fees being refunded back to your original form of payment. Here is the confirmed wording that Aeroplan provided tonight:If you’d like to cancel any Flight Reward, the fastest way to do so is at aeroplan.com. Due to high call volumes, we are experiencing long hold times at our contact centres. Until March 31, you can cancel free of charge and receive all of your Aeroplan Miles back in your account, plus a full refund of any associated taxes, fees and surcharges on the unused value of your travel. Simply log-in and visit Manage your bookings. Temporary pause to expiration of Aeroplan Miles, until May 14Following in the footsteps of some other airline and hotel programs Aeroplan is pausing the expiration of any miles that were set to expire due to inactivity until May 14…

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Should You Add an Authorized User to Your Credit Card?
Most credit card companies allow their cardholders to add an authorized user to their account – but why would you want to? There are various benefits; for example, you can kickstart your child’s credit history or provide a helping hand to a friend in a financial crisis. While these benefits appear fantastic, hold the phone before you call up your credit card company! Before you add an authorized user to your account, there are some risks to consider too.
What Is an Authorized User?
An authorized user is an individual who uses someone else’s credit card in their name. Authorized users can use the credit card as if it was their own, but they aren’t the primary account holder. Authorized users don’t have the authority to increase credit limits, add more authorized users, or perform any other administrative activities.
What Are the Benefits?
Adding an authorized user has benefits for both the primary account holder and the secondary cardholder. Sometimes both parties can benefit from shared card perks, which can be particularly great on fee cards…

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