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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Canada’s best travel credit cards 2022 Oct 15th
A good travel credit card can make your trip more affordable, more comfortable and even more secure. There are numerous cards to choose from, but you can get the best value by selecting one that pairs a strong earn rate for rewards or cash back along with perks like lounge access, travel credits or .... More »
The best no-fee credit cards in Canada for 2024 May 17th
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The best no-fee credit cards in Canada for 2024
From cash back to rewards points (and perks like no foreign transaction fees), here's a list of Canada's best no fee cards.
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Low rates, slow growth: Why loose policy isn’t working Oct 8th
When the global financial system had a meltdown in 2008, central banks cut interest rates to rock-bottom levels. The moves likely saved the world from a depression. But after eight years of crisis-level rates, the economy is barely staying afloat. Now, as many consumers rack up big debts while other.... More »
Canadian Olympic Committee amplifies analytics in deal with data company Jan 18th
The Canadian Olympic Committee is teaming with a big data company to ramp up analytics for athletes.
The COC has announced an eight-year, cash-and-services sponsorship deal with SAS, an analytics software company whose clients include banks, hotels, universities and casinos.
The company’s spor.... More »
Best Credit Card Welcome Offers of December 2019 Dec 3rd
The holiday season is upon us and the shopping has already begun. You may be making multiple trips to the store or cashing in on some cyber deals, but do you have a credit card that is rewarding you for your spending? Now may be the best time to benefit from a great credit card welcome offer, espec.... More »
Find out if you should go robo
– moneysense.ca
(Illustration by Raymond Biesinger)There’s a new way of managing your money that’s beginning to shake up the investment world. Online portfolio managers—better known as “robo-advisors”—are designed for today’s digital world and provide you with a professionally managed portfolio at low cost even if you have only a small amount to invest.
The impact of this wave of robo upstarts on wealth management has been immediate. The big banks and other major players are taking notice, even if only for the automation and ease of paperless account administration and portfolio rebalancing. The bigger and longer-term questions are how much market share the robos will ultimately be able to win and how the disruption could force the traditional advisor community to raise its game.
While at this point robo-advisors in Canada have yet to accumulate a lot in assets, at least 11 firms have launched in the past two years, including Wealthsimple, Nest Wealth and the Bank of Montreal’s SmartFolio…
Discounters aim to ease big bank pain points: Mayers
– thestar.com
Canada’s big banks are profit machines, but as they look ahead, they see disruptive technologies all around them.
