How a Canadian can restart credit in the U.S. + MORE Jun 16th

As Ontario Premier Kathleen Wynne clarifies and possibly softens her line on what her government is expecting around Canada Pension Plan reform, a new report from the Fraser Institute suggests expanding the program isn’t necessary.
“When you consider the facts, not the rhetoric, it becomes abundantly clear that expanding the CPP is a solution in search of a problem,” Charles Lammam, director of fiscal studies at the Fraser Institute and co-author of the study, said in a release.
First of all, the study argues, most Canadians are financially prepared for retirement. It points to the fact that in 2014, Canadians held $7.7 trillion in non-pension assets, such as stocks and real estate, compared to the $3.3 trillion held in pensions.
How do I know if I qualify for a pension income tax credit? »
The study comes as Wynne said yesterday the Ontario government could accept an enhanced CPP even if it doesn’t meet the same benefit levels as the Ontario Retirement Pension Plan. Finance ministers are meeting in Vancouver next week to see whether they can reach an agreement on enhancement of the CPP and the Quebec Pension Plan, something that would require the approval of seven provinces representing two-thirds of the population…

OTTAWA – If you want to help improve your credit score, it’s a no-brainer that you need to start paying your bills on time and reducing outstanding debt.
But Gary Tymoschuk, vice-president of operations at the Credit Counselling Society, says you should also be careful about the amount of new credit you’re applying for.
“Don’t be out there applying for a Visa and a MasterCard, an American Express, new cellphone service and a new car loan and all these different things,” he said.
How your credit score impacts your mortgage application »
Tymoschuk said a flurry of inquiries over a short period of time on your credit report can be “a little bit of a red flag.”
“If you’re looking for a lot of credit, often times that can be a sign of a difficult challenging time in terms of managing your debt,” he said.
A credit report is a record of your past, including your payment history, how much you owe, how much new credit you’ve been searching for, the length of your credit history and the types of credit you have, Tymoschuk pointed out…

A great score in Canada means little; you need to obtain a U.S. loan from a U.S. lender that reports to U.S. credit bureaus

This is the web’s largest and best-documented set of credit card statistics, from industry studies, government and university reports, and CreditCards.com’s original research

Retailer says credit-card company’s ‘hidden fee’ is four times higher in Canada than what consumers pay elsewhere