Canada’s big banks cut credit card rates to give relief to customers amid COVID-19 pandemic

Bank of Nova Scotia, Toronto-Dominion Bank, Royal Bank of Canada, National Bank of Canada and Canadian Imperial Bank of Commerce said on Friday they are cutting interest rates on credit cards to provide relief to customers affected by COVID-19 pandemic. Late on Friday, Scotiabank said it would reduce credit card interest rates to 10.99 per cent for personal and small business clients who have been approved for, or seek, payment deferrals. Earlier, in separate statements,…

"Canada’s big banks cut credit card rates to give relief to customers amid COVID-19 pandemic"

Are we headed for a depression? Economists weigh in

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"Are we headed for a depression? Economists weigh in"

Questions mount over Apple’s next iPhone models, DarkSky acquisition, and ‘anti-competitive behaviors’

© 2019 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy (Your California Privacy Rights) | CCPA Do Not Sell My InformationFORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.Quotes delayed at least 15…

"Questions mount over Apple’s next iPhone models, DarkSky acquisition, and ‘anti-competitive behaviors’"

Teaching a machine to see: Italian doctors turn to Chinese A.I. to diagnose COVID-19

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"Teaching a machine to see: Italian doctors turn to Chinese A.I. to diagnose COVID-19"

There are likely more unemployed Americans right now than at any time in history

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"There are likely more unemployed Americans right now than at any time in history"

CIBC, RBC cut credit card rates to give relief to customers amid COVID-19 pandemic

Canadian Imperial Bank of Commerce and Royal Bank of Canada said on Friday it was cutting interest rates on personal credit cards to provide relief to customers as the economic fallout from the COVID-19 pandemic deepens. Credit card users who request to skip a payment will get a temporary lower annual rate of 10.99 per cent, Canada’s fifth-largest lender said in a statement. It was not immediately clear what the interest rates were earlier. RBC…

"CIBC, RBC cut credit card rates to give relief to customers amid COVID-19 pandemic"

Canada signs agreement with Amazon to manage distribution of medical equipment

OTTAWA — Canada has signed an agreement with Amazon Canada to manage the distribution of medical equipment like masks, gloves and ventilators purchased by the Canadian government to help in its fight against the coronavirus outbreak, Prime Minister Justin Trudeau said on Friday. Deaths surged to 208 from the 127 reported on Thursday, while positive cases of COVID-19, the respiratory disease caused by the coronavirus, rose to 12,375 from 10,132, according to provincial announcements compiled…

"Canada signs agreement with Amazon to manage distribution of medical equipment"

How to get the coronavirus-related benefits the government is offering people

The federal government this past week announced a variety of tax measures to help Canadians facing hardship as a result of the COVID-19 outbreak. Here’s a quick summary of the major tax changes affecting individuals. Tax payment and filing deadlines The government is extending the deadlines for filing personal tax returns and paying balances owing. You now have until June 1, 2020, to file your personal tax return, which is one month later than the…

"How to get the coronavirus-related benefits the government is offering people"

CIBC cuts credit card rates to give relief to customers amid COVID-19 pandemic

Canadian Imperial Bank of Commerce said on Friday it was cutting interest rates on personal credit cards to provide relief to customers as the economic fallout from the COVID-19 pandemic deepens. Credit card users who request to skip a payment will get a temporary lower annual rate of 10.99 per cent, Canada’s fifth-largest lender said in a statement. It was not immediately clear what the interest rates were earlier. Canada’s six biggest banks unveiled a…

"CIBC cuts credit card rates to give relief to customers amid COVID-19 pandemic"

From more jobs to Prime perks, Amazon’s list of coronavirus efforts is long—and growing

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"From more jobs to Prime perks, Amazon’s list of coronavirus efforts is long—and growing"