My bank has offered me a credit limit increase I didn’t request. Is there any reason I shouldn’t take it? + MORE Dec 5th

I’ve noticed a surge of posts on other sites about the recently revamped NBC World Elite Mastercard on being an amazing 5x points card and its awesome new welcome bonus. Don’t get me wrong, it is a good card, in fact it verges on being very good but there is an elephant in the room […]
The post Loyalty Lesson: The revamped National Bank World Elite Mastercard is good but…. appeared first on Rewards Canada.

If you’ve spent money to upgrade your skills, you can reduce your tax owing with the Canada Training Credit. One of the newer and lesser-known tax credits, the Canada Training Credit lets working Canadians claim eligible training fees when they file their income tax return. But what is the Canada Training Credit, and who can make a claim? I’ll answer those questions and more in this guide to the Canada Training Credit.
What Is the Canada Training Credit?
The Canada Training Credit (CTC) is a refundable tax credit designed to help Canadians cover eligible training expenses, including tuition and other fees paid for courses you take during the year.
Who Can Claim the Canada Training Credit?
According to the CRA, if you meet all of the following six conditions, you may be eligible to claim the Canada Training Credit:

You were a resident of Canada throughout the year
You file an income tax and benefit return for the year
Your Canada Training Credit limit is above zero
You were at least 26 years old and younger than 66 years old at the end of the year…

Experts say there are pros and cons to accepting an increase to your credit limit.