Guide to picking a Points Earning Machine + MORE Jan 18th

Sometimes we get inquiries for credit cards that all the reader is asking for is a way to earn as many points as possible. They could care less about benefits, insurance and what not. They just want to rack up a ton of points on their everyday spending. That’s where the Guide to picking a […]
The post Guide to picking a Points Earning Machine appeared first on Rewards Canada.

The Ultimate Air Canada Credit Card portfolio, Two new Amex Offers from Turbotax and William Ashley & earn Double Aeroplan points at LCBO. Check out today’s points & miles updates here:
The post RWRDS Daily Update – January 17 appeared first on Rewards Canada.

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Best no-fee credit cards in Canada for 2023
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Canada’s best no-fee credit cards 2023

By Sandra MacGregor on  January 17, 2023Estimated Reading Time: 19 minutes

Some of the best things in life are free—so why should you expect any different from your credit card? Canada has an impressive array of no-fee credit cards that don’t charge cardholders an annual fee, while still delivering respectable rewards like cash back and travel points. Many of these no-fee cards also boast attractive extras like solid welcome bonuses, no foreign transaction fees and useful travel insurance. Those who don’t always pay off their balance in full every month will be happy that a few of these cards even feature a standard low interest rate or an attractive balance transfer promo…

My wife, two kids (boy, 14 years old, and girl, 10 years old) and I are all Canadian citizens.I am planning to work in the UAE (United Arab Emirates) while my wife and kids remain in Canada. We have our own home in Canada, and we have a pre-construction condo and are expected to receive it at the end of 2023. I have no other investments in Canada and pay all my tax on time.The question is: I know I have to pay tax, but do you have any idea how much and how it works to the best of our family?—Eddy

Tax implications of working in another country

Congratulations, Eddy. That sounds exciting but obviously challenging to leave your family behind in Canada while you are working half a world away.

Canada levies federal and provincial income tax based on residency, not citizenship. So, while residing in Canada, both citizens and non-citizens alike have to report and pay tax on their worldwide income. When income is subject to tax in another country as well, Canada generally allows a foreign tax credit to be claimed to avoid double taxation…