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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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Global Retaliation: Allies and China Strike Back Against Trump Tariffs

In a dramatic escalation of trade tensions, China, Canada, and Mexico have vowed swift countermeasures in response to newly imposed tariffs by U.S. President Donald Trump. The tariffs—set at 25% on imports from Canada and Mexico and 10% on Chinese goods—were defended by Trump as necessary actions to curb the influx of illicit drugs and illegal immigration.

Canadian Prime Minister Justin Trudeau declared that his government would retaliate by imposing 25% tariffs on up to C$155 billion (approximately US$106 billion) of American products, targeting items ranging from consumer goods to industrial materials. Similarly, Mexican President Claudia Sheinbaum announced that her administration was preparing both tariff and non-tariff measures to defend national interests, while urging the United States to resolve its domestic issues through dialogue rather than punitive trade actions.

Meanwhile, China has taken a strong stand against what it calls a “violation of international trade rules.” The Chinese Ministry of Commerce confirmed that Beijing would file a lawsuit at the World Trade Organization and implement “corresponding countermeasures” to safeguard its economic interests .

These swift responses by the affected nations underscore the high stakes of the current trade dispute, with experts warning that the measures could set off a broader trade war. As both sides brace for potential economic fallout, industries spanning from automotive to agriculture are already bracing for increased costs and supply chain disruptions.

The global community now watches closely as these diplomatic and economic skirmishes unfold, with many calling for a return to negotiations to avert long-term damage to the international trading system.

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