September 18 Update: Huge 15,000 Mile Car Rental Bonus in Italy, Amex Air Canada Vacations statement credit & more! + MORE Sep 18th

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7 serious strategies for reward credit card fanatics + MORE Sep 21st

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Rate survey: Average card APR climbs to record high of 16.71 percent May 2nd

May 2, 2018: The average credit card interest rate on new card offers set a new record this week, climbing to 16.71 percent, according to the CreditCards.com Weekly Credit Card Rate Report.... More »

RBC sets out timeline for the HSBC transition and they aren’t wasting any time (Updated Jan 19) + MORE Jan 19th

RBC has laid out a timeline for the transition of banking products from HSBC to RBC and they aren’t wasting any time with the migration! January 19: One more update listed below of unconfirmed details that select HSBC credit card holders will receive Avion credti cards with extra benefits and/.... More »

Time to give Avalanche credit for meaningful run over Flames - Sportsnet.ca + MORE Apr 19th

Time to give Avalanche credit for meaningful run over Flames  Sportsnet.caFlames taking it one game at a time in series against Avalanche  NHL.comTkachuk: Time's running out, we got to find a way to play our best hockey  TSNColorado Avalanche's comeback nets 3-2 OT win&.... More »

RWRDS Daily Update – November 21 + MORE Nov 22nd

Here’s your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Air Canada adding onboard Live TV to inflight service Starting today Air Canada will begin offering Live TV onboard select domestic flights. There will be six sport.... More »
10 powerful films from TIFF 2017 that deserve an Oscar nodWriter/Director Aaron Sorkin (C) and actress Jessica Chastain attend the press conference for “Molly’s Game” during the 2017 Toronto International Film Festival at TIFF Bell Lightbox September 9, 2017, in Toronto, Ontario. (Photo credit: Valerie Macon/AFP/Getty Images)
Too soon to think about the Academy Awards? Not for Hollywood. With the Toronto International Film Festival drawing to a close on Sunday, the Oscar race is now officially underway. Some contenders had already emerged from previous festivals—Sundance, Cannes, Venice, Telluride—but Toronto is the showcase where the majority were corralled in one vast window. And if the buzz is to be believed, prepare for the hashtag #oscarsowhitetrash. Some of the hottest films at TIFF were stories of scrappy renegade white women—from the vengeful mother played by Frances McDormand in Three Billboards Outside Ebbing, Missouri, which won the festival’s Grolsch People’s Choice Award, to figure skater Tonya Harding, played by Margot Robbie in I, Tonya, which was voted first runner-up…

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TORONTO _ Equifax is facing investigations in both Canada and the U.S. into its massive data breach, but lawyers say the punitive threat by regulators is stronger south of the border.
Canada’s privacy commissioner said Friday that it started a probe into the cyberattack, one day after the U.S. consumer watchdog said it was investigating.
A Toronto cybersecurity and privacy lawyer says that if the credit monitoring company is found to have failed to do enough to protect consumers’ data, the Federal Trade Commission in the U.S. can issue hefty fines.
Lyndsey Wasser says that Canada’s privacy watchdog cannot hand down fines but can recommend the company make changes and sign an agreement urging them to comply.
Ottawa lawyer Tamir Israel points to the hacking of Canadian affair-seeking website Ashley Madison, which paid $1.6 million US to settle with the FTC but was not fined in Canada.
Equifax said on Sept. 7 that it fell victim to a massive cyberattack in the summer that may have compromised the personal data of 143 million Americans and a limited number of Canadian and U…

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TORONTO — Equifax Inc. says it intends to provide an update this week to Canadians on the impact of the massive data breach it recently suffered, but would not say how many individuals north of the border may have had their personal information compromised.
READ: 5 things to know about the Equifax hack
The credit data company told The Canadian Press that this update will include how Equifax intends to notify any potentially impacted individuals.
Canada’s privacy commissioner said Friday that it started a probe into the cyberattack and Equifax has committed to contacting Canadians whose data may be at risk in writing as soon as possible.
Equifax said on Sept. 7 that it fell victim to a massive cyberattack in the summer that may have compromised the personal data of 143 million Americans and an undisclosed number of Canadian and U.K. residents.
MORE: CAA says 10,000 people may be affected by Equifax hack
Equifax has since said that approximately 400,000 U.K. individuals may have been affected, but has not quantified the number of Canadians whose data may have been stolen…

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September 18 Update: Huge 15,000 Mile Car Rental Bonus in Italy, Amex Air Canada Vacations statement credit & more!News, Tips & Tricks Over on our global site, FFB, we posted a huge new bonus offer. We didn’t give it its own post here on RC as it is limited to car rentals in Italy. So if you happen to be needing a car in Italy before the end of October check it out as you could nab yourself 15,000 Alitalia MilleMiglia miles (and yes that can be risky due to Alitalia’s issues but may not hurt to try) Read all about it here. Check your email for an offer from American Express if you are a cardholder that provides $150 off Air Canada Vacations packages of $1,000 or more. The link in the email is for each individual cardholder so we cannot provide a link! Posts since our last update: N/A Travel Deals Movenpick Hotels Save up to 30% when you stay at any of 80+ hotels and resorts across Africa, Asia, Europe and the Middle East Book by Oct 31 for stays until Nov 30. Find out more here! Canadian Bonus Offers N/A Other Bonus OffersAeroMexico Club Premier- Double Club Premier Points when you fly AeroMexico on select routes to/from Mexico City, Monterrey or Guadalajara…

Continue Reading On RewardsCanada.ca »

A new international banking report groups Canada with China and the special administrative region of Hong Kong as jurisdictions whose domestic banking systems are at risk from rising debt levels.
The Bank For International Settlements, which is owned by the world’s central banks, says there are early warning indicators in credit-to-gross-domestic-product ratios which signal “vulnerabilities” in the three systems.
For Canada and Hong Kong, the stresses to the system are linked to property price gaps above critical thresholds, a measure often linked to overheated housing markets.
The bank’s second quarter report says Canada’s credit-to-GDP gap stands at 11 per cent above its long-term trend while Hong Kong is 35 per cent higher and China is up 22 per cent. The gap in the United States fell by 7.6 per cent.
The bank cautions that the numbers are “broadly indicative” of the exposure of debt service to higher yields under stress scenarios and should not be treated as a formal stress test…

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