Consumers win as TD, CIBC fight for Aeroplan + MORE Aug 17th

How to go about securing the best rate and plan for your credit card in Canada.
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Receive up to an 80% bonus when you buy Aeroplan points + MORE Oct 17th

Aeroplan is out with another buy or gift points promotion where you can buy Aeroplan points with up to an 80% bonus. This offer runs until October 25, 2023 and is awarded on purchases of 15,000 points or more. If you purchased points during the July promotion you’ll automatically receive an extra .... More »
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Paying by cash won't build credit score + MORE Jan 2nd

If you've never made a late payment in your life, you'd think you'd have a good credit score. Not so if those payments have all been in cash. But fear not: You can get a score without going into debt..... More »
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Best of Finance Winners: The Best Credit Cards and Banking Products of 2017 + MORE Oct 23rd

Before choosing a particular credit card or bank account or investment account, you likely do your research to find out which one will give you the best return based on your lifestyle and budget. And with so many products on the market, we here at RateSupermarket.ca try to make that decision-making.... More »
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September 12 Update: Aer Lingus to start Montreal-Dublin service (a great Avios redemption possibilty), 5,000 Bonus Marriott Points in Victoria and more + MORE Sep 12th

Ireland's Aer Lingus announced their second Canadian destination today. Starting next summer they will offer direct flights between Montreal and Dublin with their new Airbus A321LR aircraft. The flights will launch on August 8, 2019 and operate daily. This is significant news for those of you us.... More »
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November 26 Update: Air Canada enters into definitive agreement to buy Aeroplan, new Orbitz Rewards elite benefits and more + MORE Nov 26th

Looks like one more step has been completed in Air Canada's steps to purchase Aeroplan from Aimia. Today it was announced that both companies have sign a definitive agreement for Air Canada to purchase the program and that Air Canada looks to close the deal as soon as possible after the approval .... More »
BC Hydro's Powerex pays $750M to settle California claimsA BC Hydro subsidiary accused of manipulating energy prices during the California energy crisis more than 12 years ago will pay $273 million US in cash and offer the state electric utilities a credit worth $477 million in a settlement, the company announced this morning.

Continue Reading On cbc.ca »

Consumers win as TD, CIBC fight for AeroplanWith the Aeroplan loyalty program up for grabs it’s a good time to take a look at which travel reward plan is best for you.

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JPMorgan Chase & Co. has agreed to pay $23 million to settle claims that it mishandled pension fund money by investing with Lehman Brothers.
A court document filed Friday shows that the bank denies any wrongdoing but agreed to settle the lawsuit to avoid the burden and expense of litigation. A U.S. District Court must approve the settlement before it is final.
The lawsuit was filed by the Operating Engineers Pension Trust in 2009. They claim JPMorgan handled its funds recklessly by investing in notes issued by failed investment firm Lehman Brothers Holdings Inc.
Lehman’s bankruptcy filing in September 2008 helped spark a credit crisis that plunged the nation into the recession.
A representative for JPMorgan and the plaintiffs did not respond to a request for comment.
The post JPMorgan Chase may pay $23 million to settle lawsuit over investment in Lehman Bros. appeared first on Canadian Business.

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