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4 things no one tells you about your credit score – but should Apr 14th
Having good credit is not as hard as you think. Here are four things that will help you stay on top of your credit without too much hassle..... More »
February 22 Update: American Express Green Card Review & a United MileagePlus award ticket flash sale for flights to London Feb 23rd
Here's your Rewards Canada Daily update! Your near 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 »
Will GIC rates keep going up in 2024? + MORE Dec 23rd
As Canadians are painfully aware, Canada’s inflation has stubbornly persisted above the Bank of Canada’s (BoC) target rate of 2%. In response, the BoC has repeatedly raised the benchmark interest rate—which sets the pace for banks’ prime rates—since early 2022. While no one can predict wit.... More »
Last day to book Fairmont's Stay Close Offer - Every 2nd night free plus earn double points & elite status credit + MORE Mar 16th
TODAY IS THE LAST DAY TO BOOK THIS OFFER FOR STAYS UNTIL JUNE 30 For nearly nine months now we've provided an abundance of coverage on Fairmont Hotels' Stay Close offer. It has been one of the best hotel promotions to emerge during the pandemic and this is a reminder that there are only two we.... More »
The best GIC rates in Canada for 2025 + MORE May 21st
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Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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Air Miles earned before 2012 will expire this January. CBC News got advice from the experts to find out how best to collect on your rewards before they disappear.
Alpha Natural Resources bankruptcy plan gets court approval
– canadianbusiness.com
Coal producer Alpha Natural Resources Inc. received court approval Thursday for a bankruptcy plan which includes the sale of certain core assets to lenders and outlines how to pay for cleanup of mines that have closed or might yet close.
Contura Energy Inc., a newly-formed group consisting of Alpha Natural Resources’ first-lien lenders, will purchase the company’s two Powder River Basin mine complexes in Wyoming and three in West Virginia and Virginia, among other assets, the company said Thursday.
Contura will also provide Alpha with a $35 million credit line and will contribute up to $100 million to help Alpha’s ongoing reclamation activities.
Bristol, Virginia-based Alpha Natural Resources, once one of the nation’s biggest coal producers, filed for Chapter 11 last August. The coal industry has been decimated by the historic shift in the electric power sector brought on by cheap natural gas and stricter pollution regulations.
Alpha expects to operate as a private company when it emerges from bankruptcy protection later this month…
Contura Energy Inc., a newly-formed group consisting of Alpha Natural Resources’ first-lien lenders, will purchase the company’s two Powder River Basin mine complexes in Wyoming and three in West Virginia and Virginia, among other assets, the company said Thursday.
Contura will also provide Alpha with a $35 million credit line and will contribute up to $100 million to help Alpha’s ongoing reclamation activities.
Bristol, Virginia-based Alpha Natural Resources, once one of the nation’s biggest coal producers, filed for Chapter 11 last August. The coal industry has been decimated by the historic shift in the electric power sector brought on by cheap natural gas and stricter pollution regulations.
Alpha expects to operate as a private company when it emerges from bankruptcy protection later this month…
