Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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The best travel credit cards in Canada for 2023 Nov 24th
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The best travel credit cards in Canada for 2023
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Should You Accept That Pre-Approved Credit Limit Increase? + MORE Jul 5th
If you faithfully pay your loans, mortgage and credit cards each month, then you’ve probably received a call or letter from your bank with the news that you were pre-approved for a credit increase or a line of credit.
You might be thinking, I don’t even use all the credit I currently have. I do.... More »
Ex-Performance Sports chairman may bid for hockey gear maker Aug 24th
Graeme Roustan says he has hired investment banks Jefferies Group and Canaccord Genuity to explore a possible bid for the troubled maker of hockey gear
.... More »
As fees rise, banks count on your complacency: Mayers Aug 4th
When banks make changes to fee packages it is often hard to compare old with new. They’re counting on your inertia..... More »
UK stock market hit by nerves over US banks - BBC + MORE Oct 17th
UK stock market hit by nerves over US banks BBCGlobal bank stocks waver as investors fear credit risks in U.S. regional banks CBCStocks Rise as Trump Reassures on China, Regional Banks Report Bloomberg.comStock market today: Dow, S&P 500, Nasdaq futures sink as c.... More »
A New Season for Savings
– ratesupermarket.ca
Have you given your wallet its spring cleaning? With plenty of deals – and new rewards – available this month, it’s a great time to swap out stale finance products for higher earning options. Get started with our review of an exciting new cash back credit card option, and check out what our expert panel has to say about April’s sweet mortgage discounts.
Lenders Call a Truce on Spring Mortgage Rate Wars
April historically marks an uptick in mortgage price competition as brokers and banks march out their most attractive interest rates – but with today’s fixed and variable rates already at record lows, lenders are engaging in fewer price skirmishes. Is it a good time to get a mortgage? Read on for our expert panel’s take.
Read Penelope’s Blog | Lenders Call a Truce on Spring Mortgage Rate Wars
Free to Use, Free to Choose: Review of the Tangerine Money-Back Credit Card
There’s a new cash back contender in Canada’s credit card market, and it’s bringing a new level of choice to consumers…
Protect your portfolio from negative interest rates
– moneysense.ca
A few years ago, the notion of negative interest rates was a purely academic discussion. But after the Bank of Canada said in December that its overnight rate could fall below zero—and some European countries did indeed go negative—the prospect of seeing minus signs became real. Bad enough for savers—people in Denmark pay banks to hold their money, as if it were stored furniture—it could prove still worse for equity investors.
Typically, markets rise when rates fall. That’s what we’ve seen in most developed economies since 2009. Essentially, by lowering rates, central banks encourage investors to get out of fixed income and buy stocks, which will earn them a higher return. However, this has made certain safe income-generating sectors, like utilities and real-estate investment trusts (REITs), more expensive. As well, the rotation to equities has largely played itself out, says Craig Fehr, an investment strategist at Edward Jones.
Why Stephen Poloz is musing about sub-zero interest rates now »
Here’s the idea behind negative rates: Banks get charged a fee to store cash at the central bank…
Typically, markets rise when rates fall. That’s what we’ve seen in most developed economies since 2009. Essentially, by lowering rates, central banks encourage investors to get out of fixed income and buy stocks, which will earn them a higher return. However, this has made certain safe income-generating sectors, like utilities and real-estate investment trusts (REITs), more expensive. As well, the rotation to equities has largely played itself out, says Craig Fehr, an investment strategist at Edward Jones.
Why Stephen Poloz is musing about sub-zero interest rates now »
Here’s the idea behind negative rates: Banks get charged a fee to store cash at the central bank…
A New Season for Savings
– ratesupermarket.ca
Have you given your wallet its spring cleaning? With plenty of deals – and new rewards – available this month, it’s a great time to swap out stale finance products for higher earning options. Get started with our review of an exciting new cash back credit card option, and check out what our expert panel has to say about April’s sweet mortgage discounts.
Lenders Call a Truce on Spring Mortgage Rate Wars
April historically marks an uptick in mortgage price competition as brokers and banks march out their most attractive interest rates – but with today’s fixed and variable rates already at record lows, lenders are engaging in fewer price skirmishes. Is it a good time to get a mortgage? Read on for our expert panel’s take.
Read Penelope’s Blog | Lenders Call a Truce on Spring Mortgage Rate Wars
Free to Use, Free to Choose: Review of the Tangerine Money-Back Credit Card
There’s a new cash back contender in Canada’s credit card market, and it’s bringing a new level of choice to consumers…
