4 d. ago $51.9 Million Canadian Commercial Real Estate Property Tokenized by Polymesh and Ocree Capital

Partnership brings blockchain-powered commercial real estate investment opportunities to the Canadian market TORONTO — The Polymesh Association and Ocree Capital Inc. today announced the launch of a Canadian regulated real estate platform utilizing blockchain, featuring a $51.9 million commercial real estate property as its inaugural listing. This strategic partnership brings together Polymesh’s purpose-built blockchain for […]

Economics

4 d. ago Porter Airlines, BMO and Mastercard Launch First Canadian Credit Card Program Granting Immediate Airline Loyalty Benefits

Two new credit cards grant cardholders immediate recognition into Porter’s loyalty program as a VIPorter Avid Traveller and accelerate travel rewards with industry-leading earn rates on travel and everyday spending More than 30,000 applicants on pre-launch waitlist TORONTO — Porter Airlines, BMO and Mastercard are announcing the launch of two new BMO VIPorter Mastercard credit […]

Economics

7 d. ago What to do with Hudson's Bay gift cards and rewards during liquidation

The Hudson's Bay Company (HBC) will begin liquidation sales on Monday for most of its locations in Canada — so what does this mean for any outstanding gift cards or rewards?On Friday, Canada's oldest company received approval from the Ontario Superior Court of Justice to run liquidation sales from March 24 to June 15.However, HBC has sought permission to keep six stores open while starting the liquidation of its remaining locations and e-commerce business.The Bay has not shared exactly how big the discounts will be, but if you're gearing up to take advantage of them, it may be helpful to know if any unused gift cards or your rewards will still be redeemable.The Bay gift cardsAccording to the latest court filings, the retailer will accept payments by debit, credit, cash and gift card during the liquidation process.However, Canadians who want to use their gift cards have a deadline of April 6 to use them before they are no longer accepted as a form of payment.Previous court...

Transport

1 week ago Edmonton organization receives funding from Alberta to build city's first mountain bike park

The Edmonton Mountain Bike Alliance has received a grant from the province to build the city’s first-ever dedicated mountain bike facility. At a press conference on Tuesday, Minister of Arts, Culture and Status of Women Tanya Fir said if Alberta Budget 2025 is passed, it will be investing $85 million through the Community Grants program. […]

Other

1 week ago Is borrowing from a promo credit card to invest good luck — or a risky bet?

Borrowing at a promo rate from a credit card to invest has short-term benefits but requires planning to avoid high fees and market risks.

Economics

2 w. ago China orders banks to boost lending, credit card use to get consumers to spend more

BANGKOK (AP) — China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part of a campaign to get people to spend more. The order Friday from the country’s financial regulator is part of the ruling Communist Party’s latest push to build more confidence among consumers […]

Economics

2 w. ago Airline cuts promo of U.S. destinations as 'Canadians may view this negatively'

Porter Airlines said it's shifting its marketing focus and reducing promotions for its U.S. destinations.The airline, headquartered in Toronto and launched in 2006, currently flies to 16 cities in the U.S. However, with the uncertainty brought on by the U.S.-Canada trade war, Porter Airlines said it's cutting back on promoting its destinations in the U.S.In an email statement, a representative said, "We've scaled back marketing our U.S. destinations, as some Canadians may view this negatively."A quick look at the airline's social media reveals a shift in focus toward promoting domestic destinations in the past few weeks."We are at the point of the winter season when capacity transitions to summer schedules, where 75 per cent of our peak capacity is planned for domestic routes," they stated.In response to tariffs and U.S. President Donald Trump's comments about Canada becoming the 51st state, several Canadians have said they've cancelled their U.S. trips.Travel agency Flight Cen...

Other

3 w. ago Province reinstates 75 per cent funding for property tax grant payment program

The funding announced Thursday will cover 75 per cent of the tax value on eligible properties.

Economics

4 w. ago Alberta hopes to keep empowering kids in sport with budget 2025

The Every Kid Can Play grant program allows children the opportunity to be involved in the sports they love

Sport

4 w. ago WestJet is making some changes and here's what flyers in Canada need to know

WestJet Rewards members can expect some big changes coming to the airline's loyalty program after a major revamp.On Thursday, the carrier announced "the most significant improvement" to WestJet Rewards in the program's 15-year history."We are improving WestJet Rewards to bring more value to all Canadians, whether that's our frequent flyers, credit card holders or the casual traveler," said Steve McClelland, vice president of loyalty at the airline."That's why we've introduced changes to our program across both flights and everyday partnerships, that give members so many great ways to earn points and save for flights, vacations or enhanced travel experiences."Five changes will be implemented on April 30. The airline says these updates will make it easier for members to earn, redeem, and achieve status.From WestJet dollars to pointsThe first change is the rewards program's currency will change from dollars to points. This means one WestJet dollar converts to 1...

Transport