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January 26 Update: Redeem Amex Membership Rewards points for education via HigherEdPoints, AIR MILES Bonus Boom returns February 4 and more! + MORE Jan 27th
Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. This update is brought to you by the HSBC +Rewards Mastercard which is currently offering a welcome bonus of up to 30,000 bonus points, no.... More »
AIR MILES Shops: Earn 7x Miles sitewide for your online shopping until February 14 + MORE Feb 4th
With Valentine’s around the corner we are starting to see some excellent bonus offers for online shopping emerge. The first one we bring to you is from AIR MILES. They are offering a 7x Miles sitewide for purchases made by February 14, 2025. Click here to learn more & to shop via AIR MILE.... More »
Aeroplan Availability Alert: Lie flat business class between Edmonton & Toronto in March 2024 Dec 20th
Air Canada has upgraded one of their four daily flights between Edmonton and Toronto to an internationally configured Airbus A330-300 aircraft for the majority of March 2024. With the addition of this widebody aircraft has come availability to fly in Premium Economy and in Business Class with lie fl.... More »
Earn 100,000 points with The Platinum Card from American Express Apr 20th
The Platinum Card® from American Express’ is currently available with a welcome of up to 100,000 points for new customers. This card is Canada’s #1 Ultra Premium Credit Card and has the best airport lounge access out of any credit in Canada. The up 100,000 points welcome bonus offer: Ri.... More »
Air North introduces new Aurora Flight Pass and earn 3x points for dining at Hyatt Hotels with no stay required + MORE Sep 17th
Here's your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. If you are planning on travel to or from the Yukon check out Air North's Aurora Flight Passes. These passes include four one-way flight segments for as little as $1.... More »
American Express has really shifted focus on keeping current Platinum cardmembers engaged and using their cards as much as possible with the amazing double points double value promotion. However as it is so lucrative for cardmembers and pricey for American Express to maintain they have dropped the welcome bonus significantly on both the personal and business versions of the Platinum Cards. The new welcome offers are as follows:The Platinum Card®New Platinum® Cardmembers, earn 25,000 Welcome Bonus Membership Rewards® points when you charge $2,000 in purchases to your Card in the first three months of CardmembershipBusiness Platinum Card® from American ExpressEarn a Welcome Bonus of 35,000 points when you charge $7,000 in purchases to your Card in your first three months of Cardmembership Not sure why but the other day I was thinking back to a credit card promotion from 2013. That promotion held the title of the highest ever welcome bonus offered in Canada until late 2018…Should You Wait Until the Deadline to File Your Taxes?
– ratesupermarket.ca
As a result of the COVID-19 pandemic, the federal government extended the tax filing deadline for individuals to June 1, 2020, from April 30, 2020. At the same time, the deadline to pay any taxes owing was also extended. Those are now due on September 1, 2020, instead of April 30, 2020.
This is good news for Canadians who have trouble trying to meet the deadline, anyone who’s been affected by COVID-19 personally, and those who owe the government money but don’t have the funds to pay just yet.
The Benefits of Filing Your Return Now
While the deadline is still weeks away, it’s best to submit your tax return as soon as possible, especially if you expect to get a refund. However, if you don’t file before the deadline, you (or spouse/common-law partner) may not receive any government benefits, such as the GST/HST credit payment or the Canada Child Benefit (CCB).
But if you owe taxes, filing your return late can also result in penalties. The Canada Revenue Agency (CRA) will charge a penalty of 5% of your what you owe, plus another 1% of what you owe, for every month your return is late, up to a maximum of 12 months (or a total of up to 17%)…
