The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
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RWRDS Daily Update – February 27, 2024 + MORE Feb 28th
Porter Airlines adds new Ottawa-St. John's and Halifax-Deer Lake flights, earn 95 bonus AIR MILES Cash Miles at Shell on February 29 and Aeroplan Merchandise and Gift Card redemption sale. Check out today's points & miles updates here:
The post RWRDS Daily Update – February 27, 2024 appeared .... More »
Rising household debt could be drag on long-term growth: federal document + MORE Aug 26th
Even debt-free Canadians could eventually feel a pinch from someone else's maxed-out credit cards, suggests research presented to senior officials at Canada Mortgage and Housing Corp..... More »
The best GIC rates in Canada for 2026 Apr 15th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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Key measure of Canadian household debt little changed in first quarter - Times Colonist + MORE Jun 14th
Key measure of Canadian household debt little changed in first quarterTimes ColonistOTTAWA - Statistics Canada says the ratio of household credit market debt to disposable income edged down in the first quarter. The agency says the ratio was 165.3 per cent for the first three months of 2016, down fr.... More »
Earn up to 750 bonus miles when you shop online via AIR MILES Shops + MORE Aug 12th
The AIR MILES Mix and Match promotion for shopping online via AIR MILES Shops has returned! It's timing is perfect for all your back to school shopping. Last seen in March the promotion provides members the opportunity to earn up to 750 bonus AIR MILES Rewards Miles. It is a tiered.... More »
Dominion Diamond posts $2.9M Q3 loss; withholds inventory awaiting higher prices
– canadianbusiness.com
TORONTO – Dominion Diamond Corp. (TSX:DDC) dipped into the red ink in its most recent quarter, with the company formerly known as Harry Winston citing a decision to hold back on inventory among reasons for its “modest loss.”
“We continue to progress all of our operational and strategic objectives at Ekati (mine) while Diavik also continues to trim both capital and operating costs,” chairman and CEO Robert Gannicott said in announcing results Tuesday after markets closed.
“The modest loss this quarter reflects expenditures on the Jay project and a decision to hold inventory of some diamond parcels during the Diwali holiday season in India,” Gannicott said.
Although retail demand in the key markets of the U.S., China and Japan remains firm, tightened credit terms available to the polishing industry have recently led to softened prices for rough diamonds, the company said.
As a result, Dominion Diamonds decided to hold $95 million of rough diamond inventory available for sale as stock at the end of the quarter “in the anticipation of improved demand…
“We continue to progress all of our operational and strategic objectives at Ekati (mine) while Diavik also continues to trim both capital and operating costs,” chairman and CEO Robert Gannicott said in announcing results Tuesday after markets closed.
“The modest loss this quarter reflects expenditures on the Jay project and a decision to hold inventory of some diamond parcels during the Diwali holiday season in India,” Gannicott said.
Although retail demand in the key markets of the U.S., China and Japan remains firm, tightened credit terms available to the polishing industry have recently led to softened prices for rough diamonds, the company said.
As a result, Dominion Diamonds decided to hold $95 million of rough diamond inventory available for sale as stock at the end of the quarter “in the anticipation of improved demand…
WestJet Christmas Miracle: real-time giving (Must see video)
– RewardsCanada.ca
If you have been anywhere near any social media over the past two days then chances are you have seen this great WestJet video. Reminds me of Aeroplan’s Bentley promotion done a few months ago where everyone on an Air Canada flight received a new piece of luggage but this one gets even more personal and exciting as Santa grants these WestJet guests with the presents they want for Christmas! Kudos to WestJet. Great Work!Oh and there are a few behind the scenes videos of the making of the above!Santa BloopersHere’s Richard B from WestJet obviously still sporting his Movember ‘stache!
Dec 10 Update: B.C. bans loyalty incentives on prescriptions and Executive Hotels bonuses for December
– RewardsCanada.ca
Tuesdays tend to be a relatively quiet day in the loyalty world, especially in December but we do have one big piece of news for you in regards to earning points and miles on prescriptions in B.C.:News, Tips & TricksRandy M, a loyal Rewards Canada reader for years has been keeping me abreast of the recent ban of awarding loyalty points and miles on prescriptions in British Columbia. The ban took effect on December 2nd and has already spurred a lawsuit by Canada Safeway and Thrifty Foods against the action taken by the B.C. Government. I know Alberta was looking into this but shelved the idea due to a real lack of data showing that prescriptions were only filled for points when they weren’t actually needed. I can only recall one such time where this may have been the case and that was when Rexall offered 15,000 Aeroplan Miles for transferring and filling your first prescription with them on a single Saturday. Say what? A short haul flight for as low as a dispensing fee? Yes that happened but it hasn’t happened again as Rexall was overwhelmed by the response…
