RWRDS Daily Update – March 8 + MORE Mar 8th

How to go about securing the best rate and plan for your credit card in Canada.
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7X Aeroplan points on select travel purchases for CIBC Aeroplan cardholders Apr 29th

A great new bonus offer and discount promotion is now available for holders of CIBC Aeroplan co-brand credit cards. Cardholders who register their cards for this offer will be able to earn 7x Aeroplan points on select travel purchases. Cardholders can also avail of a 15% off discount code for Air Ca.... More »
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Amex Offers: Spend $100 with Best Western in Canada and receive a $20 credit + MORE Sep 27th

An excellent new Amex Offer is out for stays at Best Western Hotels in Canada. This offer can be stacked with offers from Best Western Rewards to extract even more value from your stays. Spend $100 receive a $20 statement credit Spend at least $100 in qualifying purchases using your registered Card .... More »

Vote for your favourite credit cards and loyalty programs in Canada’s Choice 2023 + MORE Sep 25th

This is where, you, the Canadian consumer get to vote for your favourite credit cards and loyalty programs in Canada!! Voting is quite simple, once you click the icon or link below you will be asked to select one card or loyalty program (or none at all if you are not familiar with a certain [….... More »
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WestJet RBC World Elite Mastercard: Biggest ever bonus of up to 700 WestJet dollars + MORE Nov 2nd

700 WestJet dollars – that’s not a typo. This is the biggest ever bonus to be offered on the WestJet RBC World Elite Mastercard.  When you apply for and approved for the card right now you can earn that bonus in addition to the card’s famous benefits of an annual companion voucher.... More »
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Now live: Aeroplan partnership with Parkland Fuels JOURNIE Rewards + MORE Nov 15th

The long awaited partnership between Air Canada’s Aeroplan and Parkland Fuel’s JOURNIE Rewards is here! As of today, Aeroplan members can earn and redeem points at over 1,100 Ultramar, Chevron, Pioneer, Fas Gas, ON the RUN and Marché Express locations Canada-wide. Earning and redeeming .... More »
Room-temperature superconductor works at lower pressures  Ars TechnicaViable superconducting material created at low temperature and low pressure  Phys.orgEvidence of near-ambient superconductivity in a N-doped lutetium hydride  Nature.comScientists discover superconducting material that could bring total revolution in energy and electronics  Yahoo Finance UKRoom-Temperature Superconductor Discovery Meets With Resistance  Quanta MagazineView Full Coverage on Google News

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RWRDS Daily Update – March 8

– RewardsCanada.ca

Wyndham Rewards: Get a $100 On-Property Credit When You Stay 3+ Nights & Flair Airlines adding more Sun Destination flights for winter 23/24. Check out today’s points and miles updates here:
The post RWRDS Daily Update – March 8 appeared first on Rewards Canada.

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Room-temperature superconductor works at lower pressures  Ars TechnicaViable superconducting material created at low temperature and low pressure  Phys.orgEvidence of near-ambient superconductivity in a N-doped lutetium hydride  Nature.comScientists discover superconducting material that could bring total revolution in energy and electronics  Yahoo Finance UKRoom-Temperature Superconductor Discovery Meets With Resistance  Quanta MagazineView Full Coverage on Google News

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Ask MoneySense
I have stocks in my TFSA as well as some that are non-registered. I am at the point in my life (retired) now that I’d like to begin selling them and using the money. Do I sell from the TFSA account or just from the non-registered portfolio?—Catherine

TFSA versus non-registered withdrawals in retirement

Great question, Catherine. And like many of my answers, I would say it depends. First, a primer on how stocks are taxed.

How dividends are taxed

In a non-registered account, dividends are taxable each year, whether you withdraw them from the account or not. This includes reinvested dividends in a dividend reinvestment plan (DRIP).

The way dividends from Canadian stocks are taxed is a bit weird. If your income is low, they can actually save you tax. For an Ontario taxpayer with under $49,000 of income in 2023, for example, the tax rate is about minus 7%, after accounting for the Ontario dividend tax credit. So, for every dollar of Canadian eligible dividends, you can save around 7 cents of tax that would otherwise be payable…

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