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
Bank fees: Everything you need to know before switching to a no-fee account Jul 29th
With the recent news that bank fees have increased during the pandemic and challenger banks like Neo Financial promising no fees on accounts, switching banks may be at the forefront of your mind. But having a good understanding of bank fees—what they are, how they’re determined and the kind of s.... More »
Meridian Review: Ontario’s Largest Credit Union vs the Big Banks Nov 25th
I don’t often have an opportunity to write a credit union review. The reason for this is that most credit unions tend to be quite small, and as such, serve a relatively small client base within a very defined (and smallish) geographical area. In short, it doesn’t work all that well for a persona.... More »
Stock news for investors: Big gains for Canada’s banks in Q1 Feb 27th
Here’s a round-up of news for Canadian investors this week.
Scotiabank
EQB
National Bank
BMO
RBC
TD
Featured RRSP Accounts
featured
EQ Bank
Build your retirement savin.... More »
The best travel credit cards in Canada for 2024 Jul 12th
Credit Cards
The best travel credit cards in Canada for 2024
From points to perks, a good travel credit card can make your trip more affordable, more comfortable and even more secure.
Compare now
<script sr.... More »
Making sense of the markets this week: October 22, 2023 Oct 21st
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Big wins for big U.S. banks
If you’ve been betting against American consumers over the last few years, then you havenâ.... More »
Who created bitcoin? The long search may not be over
– canadianbusiness.com
SAN FRANCISCO – Who is Satoshi Nakamoto? For many in the tech world, the identity of bitcoin’s elusive creator has been a long-running parlour game. And the speculation might not be over.
Australian entrepreneur Craig Steven Wright, who announced Monday that he founded the digital currency , convinced at least one longtime bitcoin contributor that he’s the real deal. He managed that feat via a technical demonstration involving Nakamoto’s secret bitcoin keys. But Wright’s public documentation, which he posted online Monday , underwhelmed others and left the question of Nakamoto’s true identity far from settled.
“There’s no way you can conclusively prove that you are the creator of bitcoin,” said Jerry Brito, executive director of Coin Center, a Washington, D.C.-based crypto-currency think-tank , who is skeptical of Wright’s claims.
Tracking a pseudonymous cryptographic genius would be challenging under the best circumstances. And here we’re talking someone who invented a way for people to send money around the world anonymously, without banks or national currencies…
Australian entrepreneur Craig Steven Wright, who announced Monday that he founded the digital currency , convinced at least one longtime bitcoin contributor that he’s the real deal. He managed that feat via a technical demonstration involving Nakamoto’s secret bitcoin keys. But Wright’s public documentation, which he posted online Monday , underwhelmed others and left the question of Nakamoto’s true identity far from settled.
“There’s no way you can conclusively prove that you are the creator of bitcoin,” said Jerry Brito, executive director of Coin Center, a Washington, D.C.-based crypto-currency think-tank , who is skeptical of Wright’s claims.
Tracking a pseudonymous cryptographic genius would be challenging under the best circumstances. And here we’re talking someone who invented a way for people to send money around the world anonymously, without banks or national currencies…
Have Canadian stocks really become less risky?
– moneysense.ca
The tumble in energy stocks means the Canadian market is less exposed to commodities and a safer place to invest. Or is it?Investors who are building their own portfolios might feel there is less risk these days, but they should remember that as the market’s weighting to commodities goes down, the exposure to banks is getting even higher.
On May 7 in downtown Toronto during our Invest for Success event, you can join market and investing experts to get a better sense of the big picture in market trends, as well as a healthy dose of common-sense advice on how to be smarter in how you approach investing.
Ahead of the event, editor-in-chief David Thomas asked Kurt Reiman, chief investment strategist for BlackRock Canada, how he feels about the outlook for the Canadian market.
DT: Kurt, despite the heightened level of uncertainty that continues to cloud financial markets, you are relatively positive on equities. The Canadian market is much less exposed to volatile commodity prices but you’ve been keen to stress that the Canadian stock market has a new imbalance that investors should be aware of, right?
KR: Because of the collapse in commodity prices and the associated fall in the profitability of energy and materials companies, investors now depend on financials for more than 50% of the earnings and nearly half of the dividends on the S&P/TSX Composite Index…
