How to go about securing the best rate and plan for your credit card in Canada.
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October 28 Update: Massive devaluation to Delta SkyMiles partner award flights, Amex offers Amazon Prime Update + another 3x/5x multiplier & OWG delays first flights + MORE Oct 28th
News out of the U.S this morning that Delta SkyMiles has significantly increased redemption requirements for award travel on partner airlines between the U.S. and Europe & Asia. Delta pretty much considers Canada as the same as the U.S. so these new non-published award rates would apply.... More »
Number of people seeking asylum in Canada from Mexico rises again + MORE Apr 17th
A sign is seen near Emerson, Man. Thursday, February 9, 2016. (John Woods/CP)
OTTAWA – The number of people seeking asylum in Canada from Mexico continues to rise.
New figures from the Immigration and Refugee Board show that March recorded the highest number yet of new claims in 2017 – 110, up f.... More »
AIR MILES Shops: Earn 150 Bonus Miles sitewide for $100+ spend until December 17 + MORE Dec 7th
We are now in the final stretch for Christmas and Holiday shopping and if you still looking for last minute gifts you can score yourself some bonus AIR MILES for shopping online via AIR MILES Shops. Collectors will earn 150 AIR MILES Bonus Miles when spending $100 or more in a single transaction bef.... More »
Top 5 Credit Card Sign Up offers for July - These cards provide the most value out of their welcome bonuses + MORE Jul 5th
Here are the Rewards Canada Top 5 Travel Credit Card Sign Up offers for the month of July 2021! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards that have very good acquisition (welcome/sign up) offers. As always when choosing a car.... More »
The Best Roadside Assistance Options For Canadians Jan 31st
When you’re in the midst of a long and bitterly cold Canadian winter, it’s not a stretch to imagine yourself in any number of difficult, weather-related circumstances. Stranded on a dark highway in a snowstorm, a dead battery while you’re out shopping miles from home – both are distinct .... More »
August 25 Update: Porter Airlines Pittsburgh launch sale, KLM Business Class sale, IHG Rewards Club Accelerate
– RewardsCanada.ca
Tuesday always seem to be a bit slower especially as the end of the month approaches! News, Tips & Tricks No news for you today! Posts since our last update:Great KLM Business Class Sale for Fall/Winter/Spring flights – Europe from $2,299 all in, Africa from $2,799 and more! KLM are it again running an amazing business class sale for their flights out of Canada! These are some…LAST WEEK: 500 Bonus AIR MILES with the No Fee BMO AIR MILES MasterCard Our special offer of 500 Bonus AIR MILES for signing up for the No Fee BMO AIR MILES MasterCard… Travel Deals Porter Airines is launching Pittsburgh service on September 21st and introductory flights are only $166 if you book by Sep 7 for travel until Dec 15. Find out more here. Bonus Offers airBaltic PINS (on FrequentFlyerBonuses.com only)- 4x PINS on all purchases at Chic Outlet Shopping Villages in Europe. More… Until Sep 15, 15Asiana Club- Triple Club Miles on all stays at participating Hilton Hotels Worlwide…West, East coasters top savers in Canada
– moneysense.ca
While Canadians in most provinces are dipping into their savings, residents of British Columbia and Newfoundland and Labrador are on average putting away more funds than the rest of the country, says a new study.
Canadians drew down an average of $2,901 per household in 2014, according to WealthScapes 2015 data.
In contrast, residents of B.C. put away $3,705 per household—the most in the entire country. The high savings rates were mostly seen in Vancouver, likely encouraged by the costly down-payments required to buy a home in the city’s hot real estate market.
Households in Newfoundland and Labrador, meanwhile, enjoyed net savings of $1,075. This was likely caused by the 4.7% rise in household incomes—twice the national average—prompted by strong economic activity in the province’s flourishing mining, oil and gas sectors.
The rest of us can congratulate ourselves for one thing, however. Credit card debt only rose by 0.3% in 2014, which is 1.2% lower than the inflation rate. Canadians as a whole also shied away from borrowing from lines of credit, and saw balances actually decline by 1…
Canadians drew down an average of $2,901 per household in 2014, according to WealthScapes 2015 data.
In contrast, residents of B.C. put away $3,705 per household—the most in the entire country. The high savings rates were mostly seen in Vancouver, likely encouraged by the costly down-payments required to buy a home in the city’s hot real estate market.
Households in Newfoundland and Labrador, meanwhile, enjoyed net savings of $1,075. This was likely caused by the 4.7% rise in household incomes—twice the national average—prompted by strong economic activity in the province’s flourishing mining, oil and gas sectors.
The rest of us can congratulate ourselves for one thing, however. Credit card debt only rose by 0.3% in 2014, which is 1.2% lower than the inflation rate. Canadians as a whole also shied away from borrowing from lines of credit, and saw balances actually decline by 1…
Mulcair pledges to boost GIS
– moneysense.ca
Tom Mulcair announced that an NDP federal government would increase the Guaranteed Income Supplement (GIS) for seniors by $400 million.
The NDP leader made the announcement Monday during a campaign stop in Toronto suggesting that the boost would help lift 200,000 vulnerable seniors out of poverty.
The GIS is a government benefit given to low-income seniors and is separate from Old Age Security (OAS).
The party also promises to reverse the Conservatives’ proposal to change the OAS eligibility age from 65 to 67.
“The number of seniors will nearly double in the next 25 years. The NDP is the only party with a national seniors’ strategy that will ensure that everyone can age with dignity,” Mulcair said in a press release.
The announcement comes after the other opposition parties recently pledged expanded benefits and boosted tax credits.
The Liberals promised to offer lifetime pensions to Canadian veterans and to expand the compassionate care benefit, while the Conservatives pledged to boost the withdrawal amount for the Home Buyers’ Plan, increase the adoption tax credit and reintroduce the home renovation tax credit…
The NDP leader made the announcement Monday during a campaign stop in Toronto suggesting that the boost would help lift 200,000 vulnerable seniors out of poverty.
The GIS is a government benefit given to low-income seniors and is separate from Old Age Security (OAS).
The party also promises to reverse the Conservatives’ proposal to change the OAS eligibility age from 65 to 67.
“The number of seniors will nearly double in the next 25 years. The NDP is the only party with a national seniors’ strategy that will ensure that everyone can age with dignity,” Mulcair said in a press release.
The announcement comes after the other opposition parties recently pledged expanded benefits and boosted tax credits.
The Liberals promised to offer lifetime pensions to Canadian veterans and to expand the compassionate care benefit, while the Conservatives pledged to boost the withdrawal amount for the Home Buyers’ Plan, increase the adoption tax credit and reintroduce the home renovation tax credit…
