Canada has several major banks and many schedule II banks – but with rates and plans all over the map, it’s difficult to know where to bring your business. Our aim is to help you navigate Canada’s banking options to discover which one suits your needs best.
Latest News
US MBS Selloff – The Canadian Impact + MORE Apr 14th
In 2008, when the housing crisis in the U.S. was threatening to bring down the global economy, one of the moves the U.S. government made to temper the damage was to buy up an unprecedented $1.25-trillion worth of mortgage-backed securities (MBS). The taxpayers footed the bill for the purchase, whic.... More »
Nominees for the 2016 Best of Finance Awards Nov 8th
RateSupermarket.ca’s annual awards recognizes the best of the best in Canada’s personal finance industry
Here at RateSupermarket.ca, we’re always working to help Canadian consumers decide which credit cards, bank accounts and investment types fit their lifestyle and budget. And e.... More »
The Best Gas Rewards Credit Cards of 2019 Dec 11th
Let’s say your biggest monthly expense is gas; it’s a reality for a lot of people who maybe travel a lot for work or have a long daily commute. Or maybe you and the family go on a lot of road trips, or you just like long drives down country roads to “get away from it all.” No matter the cas.... More »
Big bank, insurance CEOs announce new business growth fund of up to $1B + MORE Mar 9th
Federal Finance Minister Bill Morneau and some of Canada's biggest banks and insurance companies today unveiled a $1-billion fund aimed at helping small- and medium-sized businesses access cash to help them grow..... More »
4 Tips to Avoid the Post-Holiday (Financial) Hangover Jan 15th
Christmas has already come and gone and today we’re honouring Blue Monday, the (unofficially) most depressing day of the year. The day is calculated by factoring in things such as weather and, yes, debt level as people start to receive their credit card statements from December.
Maybe this year y.... More »
Canadian banks tighten credit lines to energy firms amid weak oil prices
– theglobeandmail.com
Struggling oil prices stoke fears among some of Canada’s biggest lenders that debt-saddled energy companies will default on loans they can no longer afford to service
