Author Archive | Patrick Faller

Protecting Your Points: Ontario Says No to Expiry Dates on Loyalty Cards

If you're one of the 22 million Canadians who own a loyalty or points card and you live in Ontario, the provincial government is taking extra measures to protect you and your rewards. A private member's bill has passed in the Ontario legislature amending its Consumer Protection Act that bans expiry dates on rewards points. ... Continue Reading

Get Ready to Pay Tolls on Two of Toronto's Highways

Get Ready to Pay Tolls on Two of Toronto’s Highways

If you're one of the tens of thousands of commuters who drive on the Gardiner Expressway or Don Valley Parkway every day, get ready to pay tolls. That was the message from Toronto's mayor, as he delivered a speech to the city's regional Board of Trade on Nov. 24, where he said Toronto's traffic congestion ... Continue Reading

What Trump’s Win Could Mean for Canadian Travellers and Borrowers

What Trump’s Win Could Mean For Canadian Travellers and Borrowers

Many Canadians simply didn't see it coming - after months of watching the run-up to the U.S. presidential election from north of the border, we woke up on November 9th (or simply didn’t go to bed) to learn Donald Trump was the victorious candidate. He will be president of the United States, our largest trading ... Continue Reading

What to Do Now That TD Canada Trust Has Hiked Its Mortgage Rate

Bank goes at it alone, raising their prime rate on variable mortgages. It will now take longer for TD Canada Trust customers to pay off their variable mortgages, after the bank raised its prime mortgage rate this week. TD hiked its rate from 2.7 per cent to 2.85 per cent: meaning the total cost of ... Continue Reading

A Guide to Buying a Car Without Getting Buried in Debt

A Guide to Buying a Car Without Getting Buried in Debt

Canada’s Financial Consumer Agency releases tips to avoid getting swamped by a long-term car loan Buying and owning a car isn’t cheap. There’s the initial purchase, fuel, car insurance and maintenance required. It adds up quickly and many drivers look for ways to make car ownership less of a strain on the wallet. Long-term car ... Continue Reading