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Canadian Credit Card News

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WASHINGTON -- Chrysler LLC has worked out at least some contingency plans in case it has to file for bankruptcy protection, but General Motors Corp. and Ford Motor Co. have not, the chief executives of the auto makers said on Wednesday in testimony ...

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Ford, GM: Bankruptcy Is Not an Option - Wall Street Journal

TORONTO -- Canada's competition watchdog has freed Canadian banks to offer both MasterCard and Visa credit cards, lifting decades-old restrictions that made the banks choose one brand or the other. Canada's Competition Bureau has told financial ...

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Banks freed to offer both Mastercard and Visa credit cards - Windsor Star

Chase Card Services, a unit of JPMorgan Chase & Co., said Monday it had appointed Andrew Pilkington chief executive of its Canadian credit card business. Pilkington, who recently started in the position, previously was general manager of American ...

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Chase Card Services appoints CEO of Canada line - Forbes

OTTAWA, ONTARIO -- 11/12/08 -- In an effort to improve credit card disclosure for consumers, the Financial Consumer Agency of Canada (FCAC) and MasterCard Canada today made public a new model credit card application form designed to help Canadian ...

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FCAC and MasterCard Unveil Model Credit Card Application Form - Earthtimes

Protest coupons over gouging credit card rates are pouring in as Sun readers join in a new crusade demanding a federal probe into the high cost of credit. "Most people are one cheque away from the street. It angers me that the banks will not help out ...

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Join the crusade to stop high cost of credit - Toronto Sun

There is mounting evidence suggesting that U.S. consumers will be a serious drag on Corporate Canada and, eventually, Canadian consumers, and it is causing forecasters to ratchet down expectations for profits from the big banks. Analysts have been ...

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More U.S. fallout expected for Canada's big banks - Globe and Mail

TORONTO - MasterCard is applauding a move by the federal Commissioner of Competition to allow Canadian banks to offer both MasterCard and Visa accounts. Until now the banks have been forced to choose between the big card operators. "The move to ...

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New card deal: MasterCard welcomes opening to additional banks - 680 News

TORONTO, Nov 18 (Reuters) - Canada's competition watchdog has freed Canadian banks to offer both MasterCard (MA.N: Quote , Profile , Research , Stock Buzz ) and Visa (V.N: Quote , Profile , Research , Stock Buzz ) credit cards, lifting decades-old ...

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Canada expands credit card choice for bank issuers - Reuters

Just as the federal government is moving to spend $50 billion more to entice Canadian banks to keep lending, many customers are getting hit with higher credit costs. For example, Toronto-Dominion Bank – which has skirted the worst of the credit ...

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TheStar.com | Business | Credit card costs soar for hard-hit consumers - Toronto Star

TORONTO -- MasterCard is applauding a move by the federal commissioner of competition to allow Canadian banks to offer both its products and those from its more entrenched rival: Visa. Historically, Canada's big banks were required to choose between ...

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