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 GIC rates in Canada for 2024 Aug 26th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigat.... More »
Big banks beat odds by posting bump in 3rd quarter profits Aug 31st
While Canada's big banks have incurred some losses in the battered energy sector, they weren't enough to prevent all six from posting higher profits in the third quarter..... More »
Who wins and who loses in the event of a rate hike from the central bank? + MORE Jul 1st
Another month of solid growth for the Canadian economy in April and upbeat survey results from the Bank of Canada have strengthened expectations that the central bank will soon begin increasing interest rates for the first time in seven years.
Higher borrowing costs would have far-reaching implicati.... More »
Interac is expanding—first up, Wealthsimple e-transfers will get easier Sep 29th
You’ve probably used an Interac e-Transfer to pay a friend back for dinner, split the rent with a roommate, send birthday money to your nephew or put money into your account at another bank. This service is quick and convenient if you’re a customer at a major bank or a credit union—but if you .... More »
Canadians collectively owe $1.8 trillion in household debt + MORE Mar 13th
TORONTO _ Canadians’ collective household debt has climbed to $1.8 trillion as an international financial group sounds an early warning that the country’s banking system is at risk from rising debt levels.
Equifax Canada says consumers now owe $1.821 trillion including mortgages as of th.... More »
U.S. banks’ strong trading results bode well for Canadian dealers
– theglobeandmail.com
Brexit’s muted effect on U.S. investment banks gives a positive outlook for Canadian institutions
Tracking Receipts with the UGO Mobile Wallet
– ratesupermarket.ca
There’s been a lot of innovation in the banking space lately, an area that is typically resistant to change. Just recently, the big banks got on board and started offering Apple Pay. Now, innovators have introduced the UGO Mobile Wallet.
Today smartphones are so much more than just a phone. Users can download apps for everything from their favourite TV show to calorie trackers, or GPS to weather. In an effort to make our lives simpler, UGO is following the latest trend in banking by introducing some helpful new features to its mobile wallet – something that’s another step in the push toward a cashless society.
A Convenient Way to Track your Receipts
Mobile payment apps like Apple Pay make small purchases convenient and simple, but one common criticism is that it can cause the buyer to overspend. While having a budget is a good first step, it’s equally important to track exactly what you’re buying. That’s where digital wallets come in handy. There are plenty of mobile banking apps out there like Mint that help you with budgeting, but tracking your spending required a lot of work – until now…
Tracking Receipts with the UGO Mobile Wallet
– ratesupermarket.ca
There’s been a lot of innovation in the banking space lately, an area that is typically resistant to change. Just recently, the big banks got on board and started offering Apple Pay. Now, innovators have introduced the UGO Mobile Wallet.
Today smartphones are so much more than just a phone. Users can download apps for everything from their favourite TV show to calorie trackers, or GPS to weather. In an effort to make our lives simpler, UGO is following the latest trend in banking by introducing some helpful new features to its mobile wallet – something that’s another step in the push toward a cashless society.
A Convenient Way to Track your Receipts
Mobile payment apps like Apple Pay make small purchases convenient and simple, but one common criticism is that it can cause the buyer to overspend. While having a budget is a good first step, it’s equally important to track exactly what you’re buying. That’s where digital wallets come in handy. There are plenty of mobile banking apps out there like Mint that help you with budgeting, but tracking your spending required a lot of work – until now…
