By: Lucy Zemljic on June 13, 2014
The Ontario provincial election is over and Kathleen Wynne has swept in with an unexpected majority Liberal government. Tim Hudak has stepped down as Progressive Conservative leader, and a wounded Andrea Horwath will keep fighting for the New Democrats with a mere fraction of the power she held before voting against the budget in May.
 
Newly re-elected premier Wynne told reporters yesterday “I’m thrilled to be here and I’m really eager to get on with it.”
 
Now that the election is over and Kathleen Wynne is ready to go, one question on many Ontario drivers’ minds is “Will she follow through with those proposed auto insurance cuts?”

By: Gary Parkinson on June 10, 2014

Four years have passed since the last World Cup, and the 2014 tournament is ready to kick off in Brazil on June 12.  The World Cup is beloved by millions – no, make that billions – of fans around the world, including the LowestRates.ca team!

What Is #MyKindaCup?

By: Lucy Zemljic on June 6, 2014
Would you bank with Google? How about Apple, or Amazon? If you’re part of the younger generation of Canadians, a new survey says there’s a good chance you would.
 
Last week, Accenture released a survey that’s confirmed what we already suspect – younger Canadians would make the leap to alternative banking options much more readily than older ones.

By: Lucy Zemljic on June 4, 2014

The sun is shining, the birds are chirping, the barbeques are coming out of hibernation. This can only mean one thing – summer is coming to Canada. And for students across the country, that means school’s out.

If you’re like most college or university students, after finishing that last exam you just want to ditch the textbooks and timetable for a few months of sunshine and sleeping in. But if you’re not careful, you could end up burning through your budget this summer.  
 
There are a few things you should keep in mind – even during your hard-earned vacation – to help make sure that this summer, you don’t break the bank. Read on to find out what you can do to help stay on budget between now and September.

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By: Lucy Zemljic on June 2, 2014
Everyone loves a freebie. Almost everyone loves a good movie. Put them together, and you’ve got the premise for the Scotiabank Scene credit card. For the past seven years, the Scene card has helped Canadians catch the latest flicks for free.
 
This year, Scene cardholders have something else to celebrate besides the arrival of summer blockbusters – Scotiabank is doubling their sign-up bonus for accounts opened by October 31, 2014. This means that new members will earn 4,000 bonus points for opening an account, as opposed to the usual 2,000 points. That’s four free movie tickets, just for signing up!

By: Lucy Zemljic on May 30, 2014
It’s frustrating to have a credit card application denied time and time again. If you’ve gone through a rough patch financially, and your credit score has taken a hit, you may wonder if you’ll ever be able to use credit cards again. Don’t give up on plastic just yet though, because there’s a card out there for you, and your approval is virtually guaranteed - it’s called (very fittingly!) a guaranteed card.

 

By: Thomas Sigsworth on May 30, 2014
Mortgage servicing costs as a percentage of Canadians’ income are at their lowest level on record, according to a new report from credit rating agency DBRS. The findings cast even more doubt on the idea that Canada is in the throes of a housing bubble. 
 
DBRS released the comprehensive analysis of Canadian debt on Thursday.
 
“Mortgage debt servicing fell to 3.7 percent (in Q1), the lowest level since record keeping started in 1990,” the report said.

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