April 20, 2024

What Impacts Your Credit Score?

Image source - https://c1.staticflickr.com/9/8449/28789994703_488d60d2c5_b.jpg Keeping up to date with your credit score is of paramount importance. Your credit rating will impact many different things in your life, including your ability to get a mortgage and secure better deals on credit cards. Not only is it important to know what your credit … [Read more...]

Are Millennials Really Saying ‘No’ To Credit?

Americans have been using their credit cards less, according to a Gallup poll. A leading financial website decided to commission a study by PSRAI to determine if Millennials were leading the way in this trend. It seems that 18-30s are shunning the use of credit cards at the moment. But there is little to suggest that they are surviving with no … [Read more...]

NDP brushes off suggestion B.C.’s credit rating could change if elected

B.C.’s finance critic says he's confident the province's credit rating would stay strong with an NDP government, despite a report today that it could change. Bruce Ralston says there is nothing unusual with the Diamond Bond Rating Service suggesting if the province's leadership changes, so too could B.C.’s AA rating. “What I took … [Read more...]

DEVELOPING: Visa credit cards not working

Visa Canada has not yet issued a statement, but calls and emails to CKNW say Visa credit cards are not working right now, and it seems to be a nation-wide problem. RBC and TD Bank confirm their customers are among those affected by the nationwide Visa outage. CKNW Vancouver News … [Read more...]

City of Vancouver credit status lowered by Moody’s following Provincial downgrade

The City of Vancouver says they will continue to borrow money as needed for capital projects, despite a downgrading in their credit rating. Moody's lowered Vancouver from Triple "A" Stable status, to Triple "A" Negative, a day after knocking down the provincial rating. Councillor Raymond Louie calls the city a victim of provincial activity. "The … [Read more...]

BC’s Finance minister defends costy credit card bills to the taxpayers

BC's Finance Minister is defending millions of taxpayer dollars being spent on government credit cards across the ministries and the premier's office.  Kevin Falcon says as people hear about the costs coming from the various ministries they shouldn't jump to any conclusions.   "Many of them seem unexplainable but once people understand … [Read more...]

The Premier’s office wasn’t the only department with big credit card bills

Spending may have doubled at Premier Christy Clark's office this fiscal year, but other ministries have added to their bills as well.  Transportation and Infrastructure spent an extra one million dollars in 2011-2012 than the year before.  Government credit card records show the ministry of jobs, tourism and innovation spent $ 2.5 … [Read more...]

Ford C-Max Energi pricing: $29,995 after a federal tax credit, available this fall

Ford already spilled the beans on its $ 25,995 C-Max Hybrid (shown in the vid just after the break), but those anxiously awaiting more surrounding the C-Max Energi can finally start saving a precise amount of pennies. The automaker's first production plug-in hybrid will go on sale this autumn for $ 29,995 after a federal tax credit, and according … [Read more...]

Tories take credit for reduction in crime

The number of crimes reported to police is continuing to go down. Statistics Canada says crime reporting is at its lowest level since 1972. Nearly two million incidents were reported last year, about 110-thousand fewer than in 2010. The severity of crime index is also down six percent. The news has Public Safety Minister Vic Toews taking credit for … [Read more...]

Hydro to credit card customers: check your bill

A website glitch has BC Hydro issuing a warning to customers who paid their bill by credit card. Spokesperson Jennifer Young says credit card information was not being encrypted. She says customers who notice something awry with their statement contact BC Hydro. Young says the glitch was on a third party website and has been fixed.  "We would … [Read more...]