How to go about securing the best rate and plan for your credit card in Canada.
Latest News
Canada's Top Cash Back Credit Cards 2021 - A new champion is crowned as the best card for putting cash back in your wallet + MORE Jun 21st
Welcome to Rewards Canada's fifth annual Top Cash back Credit Card rankings! June 2021 UpdateWe have crowned a new champion for the Top Cash Back Credit Card in Canada! While technically not known as a cash back card the top card's cash back component places it a.... More »
How Canadian homes became debt traps + MORE Nov 13th
(Photo illustration by Stephen Gregory and Heshmat Saberi)
In 1998, Ann bought a one-bedroom condo in the Kitsilano area of Vancouver. Gainfully employed at a printing company, she found the monthly mortgage payments were within her budget (Ann and others quoted in this story asked that Maclean’s .... More »
Oily roller coaster: A look at Alberta’s plunge into the budget red + MORE Apr 15th
EDMONTON – Alberta’s NDP government tabled its second budget Thursday in an economy experiencing a significant shock from low energy prices. Here is a recent history of Alberta budgets:
2008-2009 (tabled April 22, 2008)
Slogan: The Right Plan for Today and Tomorrow
Premier: Ed Stelmach. .... More »
July 31 Update: The 2% return on travel Envision World Mastercard now on Rewards Canada, hotel occupancy rates in Canada continue to rise slowly and seven new bonus offers Aug 1st
Sometime ago our Facebook follower Jeremy B. introduced us to the Envision World Mastercard and I'm finally getting around to putting the card's details on the Rewards Canada site and will begin to consider it for any potential rankings, portfolios and so on that I publish. This is credit union card.... More »
How lowering your card limit hurts your credit score Feb 16th
You shut down some of your available credit, hurting a key scoring ratio.... More »
Did 65 million people get an iPhone 6 for Christmas?
– macleans.ca
Tech Week continues today, with Apple and Yahoo! releasing their quarterly earnings, and the big question is how many iPhone 6s Apple just sold (the average estimate: 65 million). Tomorrow, Facebook reports its quarterly earnings, following a brief outage/outrage this morning that prompted panic among many a social media addict. There is also some turmoil in Russia today, as the Kremlin reacts to a credit downgrade to “junk” status.
What to watch for today: The U.S. Federal Treasury is meeting today and tomorrow, and will make its interest-policy announcement tomorrow. There’s no rate hike expected immediately, but, at the last meeting, just a word change—a pledge to be “patient” from Janet Yellen—pushed an extended market rally. There will also be numbers from the U.S. on durable goods and new home sales, giving insight into the health of the American housing market.
Rate cutting begins at Canada’s big banks. Last week, it looked as though a rate cut by the Bank of Canada hadn’t had an immediate impact on mortgage rates for average borrowers…
Did 65 million people get an iPhone 6 for Christmas?
– macleans.ca
Tech Week continues today, with Apple and Yahoo! releasing their quarterly earnings, and the big question is how many iPhone 6s Apple just sold (the average estimate: 65 million). Tomorrow, Facebook reports its quarterly earnings, following a brief outage/outrage this morning that prompted panic among many a social media addict. There is also some turmoil in Russia today, as the Kremlin reacts to a credit downgrade to “junk” status.
What to watch for today: The U.S. Federal Treasury is meeting today and tomorrow, and will make its interest-policy announcement tomorrow. There’s no rate hike expected immediately, but, at the last meeting, just a word change—a pledge to be “patient” from Janet Yellen—pushed an extended market rally. There will also be numbers from the U.S. on durable goods and new home sales, giving insight into the health of the American housing market.
Rate cutting begins at Canada’s big banks. Last week, it looked as though a rate cut by the Bank of Canada hadn’t had an immediate impact on mortgage rates for average borrowers…
Losers and winners in economic policy
– macleans.ca
Newfoundland and Labrador Premier Paul DavisNewfoundland is rattling its sabre again. This time it is refusing to enforce the terms of the Canada-EU trade agreement (CETA) regarding government procurement unless the federal government pays the compensation Newfoundland claims it was promised.
But wait a second. Isn’t the CETA good for Canada? Aren’t federal ministers and business lobby groups trumpeting its advantages? In reality, when it comes to economic policy changes, there is no such thing as “good for Canada” or even a “good for Newfoundland.” There are just groups of individuals with different interests. When an economist tells you some economic policy change is good for Canada or Ontario or Calgary, they are forgetting some basic undergraduate economic theory.
In undergraduate courses, economics students discover that theory gives them few tools to compare the well-being of different individuals. Economists usually fall back on the concept of “Pareto improving” policy changes…
Losers and winners in economic policy
– macleans.ca
Newfoundland and Labrador Premier Paul DavisNewfoundland is rattling its sabre again. This time it is refusing to enforce the terms of the Canada-EU trade agreement (CETA) regarding government procurement unless the federal government pays the compensation Newfoundland claims it was promised.
But wait a second. Isn’t the CETA good for Canada? Aren’t federal ministers and business lobby groups trumpeting its advantages? In reality, when it comes to economic policy changes, there is no such thing as “good for Canada” or even a “good for Newfoundland.” There are just groups of individuals with different interests. When an economist tells you some economic policy change is good for Canada or Ontario or Calgary, they are forgetting some basic undergraduate economic theory.
In undergraduate courses, economics students discover that theory gives them few tools to compare the well-being of different individuals. Economists usually fall back on the concept of “Pareto improving” policy changes…
Credit card agreement — Quick guide
– creditcards.com
Your credit card terms and conditions can be a little overwhelming. But when signing up for a new card, it’s important to know what you’re getting into. We’ve created this short list of the most important terms to watch for
