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Best Cashback Credit Cards in Canada 2026 — Complete Guide

  Published: April 2026 | Reading time: 12 min | Category: Credit Cards, Personal Finance, Money Saving Tips If you're not using a cashback credit card in Canada, you're leaving real money on the table every single month. The best cashback cards in 2026 are paying 2%, 3%, even 4% back on everyday purchases like groceries and gas — expenses you're making anyway. This guide ranks the best cashback credit cards available to Canadians right now, breaks down exactly who each card is best for, and shows you how to stack cards for maximum returns. Why Cashback Cards Beat Points Cards for Most Canadians Travel points cards get all the attention, but cashback is simpler, more flexible, and often more valuable for the average Canadian household. Here's why: No blackout dates, no expiry, no restrictions — cash goes straight to your statement or bank account Easy to calculate value — 2% back on $1,000 = exactly $20. No guessing at "point values" Works for ...

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Canada's Job Market Soars in December: 91,000 Jobs Added, Surpassing Expectations

 

Canada's economy experienced a remarkable surge in job growth in December 2024, adding an impressive 91,000 jobs, far exceeding economists' expectations of 25,000. This significant increase brought the unemployment rate down to 6.7% from 6.8% in November.

The job gains were primarily in full-time positions, with notable increases in educational services, health care and social assistance, finance, and transportation. The public sector saw the addition of 40,000 jobs, while the private sector added 27,000 jobs. Additionally, the number of self-employed individuals rose by 24,000, marking the first increase since February.

Despite the positive job growth, the average hourly wage rose by 3.8% year-over-year, a slight decline from previous months. Economists have noted that while the job market's performance was better than anticipated, there is still room for improvement, and further interest rate cuts may be necessary to reduce excess capacity in the economy.

Overall, the strong job market performance in December 2024 signals a positive end to the year and raises questions about the Bank of Canada's future interest rate decisions.



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