
Consumers lean on loyalty programs to help manage runaway inflation
BNN Bloomberg
Research shows Canadians are increasingly leaning on loyalty programs as the cost of everything from gas to groceries rises.
But as the pandemic forced her to switch from frequent, smaller grocery shops to a massive shop every two weeks, she began to focus on one rewards program and used it faithfully.
Now she earns enough points to cover an entire grocery shop for her family of four every few months.
"We were spending so much on groceries anyways we wanted to maximize our points," said the 34-year old Ottawa resident and director of everyday banking for Ratehub.ca.

Oil prices rise and stocks fall as war with Iran still advances despite Trump’s talk of negotiations
U.S. markets ticked slightly lower and oil prices rose early Tuesday as the war in the Middle East continued a day after U.S. President Donald Trump said the United States had made progress in talks with the Islamic Republic to end the conflict.

U.S. President Donald Trump on Monday said the U.S. was talking with a “respected” Iranian leader and claimed the Islamic Republic was eager for a deal to end the war. He also extended a deadline for Iran to reopen the crucial Strait of Hormuz or face attacks on its power plants, saying it has an additional five days.











