All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
This Week in RWRDS: June 8 – 14, 2024 Jun 15th
This week we look at a rare money making hotel bonus points offer, Porter Airlines’ Atlantic Canada flight bonus, Aeroplan’s Hotel points rebate and more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This Week in RWRDS here: Topics of di.... More »
The real costs of buying a car + MORE Mar 29th
The thrill of driving a new car off a dealer’s lot is appealing, but experts warn not to let the new car smell go to your head when it comes to borrowing money to make it happen.
Mark Kalinowski, a credit counsellor and financial educator at the Credit Counselling Society, says you need to know.... More »
Earn up to 10,000 bonus Aeroplan points on most Air Canada flights Worldwide + MORE Jan 3rd
Air Canada’s newest worldwide seat sale includes a near systemwide bonus Aeroplan points offer as well! When you book flights during this sale you can earn up to 10,000 bonus Aeroplan points for travel in Canada, to the U.S. and basically anywhere else in the world that Air Canada flies to exc.... More »
February 3 Update: Earn 2x elite qualifying points on your IHG stays, Flair Airlines 50% off to the U.S. & Mexico flash sale and Avianca Latin America seat sale + MORE Feb 3rd
Here's your Rewards Canada Daily update! Your bear daily dose of loyalty program, credit card and travel news, bonuses, deals and more. This update is brought to you by the HSBC World Elite Mastercard which is currently offering a welcome bonus of up to 100,000 bonus points worth $500, ha.... More »
This Week in RWRDS: May 11 – 17, 2024 + MORE May 18th
This week we look at new bonus offers from Air Canada, Best Western & Coast Hotels, provide details of the new Wealthsimple Visa Infinite Card and more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This Week in RWRDS here: Topics of discussio.... More »
Senior Ontario cabinet ministers on Thursday downplayed a decision by Moody’s Investors Service to change Ontario’s debt outlook from stable to negative, but the Opposition warned an expensive credit downgrade could soon follow.
Moody’s decision to change the outlook on Ontario’s credit ratings to negative puts added pressure on a provincial government looking to eliminate the deficit by fiscal 2017-1018.
CIBC and Tim Hortons have teamed up to launch the Double Double Visa. It combines a credit card with the Tim Hortons loyalty program.Air Canada: 2,500 Bonus Aeroplan Miles for AC flights between Canada and Switzerland
– RewardsCanada.ca
Fine chocolate, luxurious watches, and great skiing are just some of the things that describe Switzerland and now Aeroplan members planning to fly Air Canada to this great country can earn a small bonus. The offer of 2,500 bonus Aeroplan miles is good for a long period (9 months) but the key is that you have to register and book by September 12th. Offer details2,500 Bonus Aeroplan Miles for roundtrip flights (or 2 one-way segments) on Air Canada or or an Air Canada Vacations package between Montreal and Geneva or Toronto and Zurich. Register Online (Registration is required) Register and book between Jul 1 and Sep 12 for travel Aug 1, 14 – Apr 30, 15Can’t make use of this offer? Check out our Aeroplan Bonus Miles page for many more bonus offers!Calculating adjusted cost base: A case study
– moneysense.ca
If you’ve read our ironically titled white paper, As Easy as ACB, you understand how complex it can be to track the adjusted cost base of ETFs. You need to account for all purchases and sales of shares during your holding period and then adjust for any reinvested distributions, return of capital and share splits along the way. Since that paper came out, several readers have emailed to ask whether it’s really necessary to do all that work.That’s up to each investor to determine, but I wouldn’t want the Canadian Revenue Agency to discover you were paying a lot less tax than you owed. And as we discovered recently with a client of our DIY Investor Service, taking the time to accurately calculate your adjusted cost base can also save you from paying unnecessary taxes.
Our client purchased 300 shares of the iShares S&P/TSX Composite Index ETF (XIC) in September 2005 and added another 200 shares the following year. She eventually sold the entire holding (which by then had more than doubled in value) in April of this year…
