Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Coast Capital Savings Credit Union Review Nov 13th
Coast Capital Savings is a BC-based credit union with a long history dating back to the 1940s. As a federally chartered credit union, it has expanded its services to members across Canada, offering a wide range of personal banking products and services.
If you’re unfamiliar with Coast Capital,.... More »
Premarket: Monte dei Paschi bolsters European stocks, ECB looms + MORE Dec 7th
Banks lead European shares higher; oil dips on doubts over impact of OPEC deal
.... More »
Interest rate hike could mean trouble for some + MORE Sep 14th
TORONTO – A report by TransUnion says up to one million Canadian borrowers may not be able to absorb the increase in their monthly payments if interest rates rise by one full percentage point.
The company says that while the majority of Canadians will not be materially impacted in the near term by.... More »
The best GIC rates in Canada for 2025 + MORE Dec 2nd
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Is an all-weather portfolio the answer to the shortage of “safe” investments? Jan 25th
For retirees and near retirees, it can sometimes seem like there’s no such thing as a “safe” investment—especially now. Even bonds and bond funds, typically considered the safest of investment—suffered losses in 2021, as interest rates were poised to rise. Now that central banks have said .... More »
Royal Bank has claimed top spot among Canada’s big five banks in J.D. Power’s latest retail banking customers satisfaction survey, with Tangerine taking the honours among the country’s mid-sized players for the fifth straight year.
Big banks, small dealers and the growing underwriting divide
– theglobeandmail.com
The share of new equity issuance in 2015 by bank-owned dealers was 73 per cent, according to IIAC. Five years ago, it was running at under 60 per cent.
Italian banks under glare as EU stress tests results due
– canadianbusiness.com
MILAN – The spotlight is on Italy’s troubled banks as regulators prepare to release the results Friday of stress tests of EU lenders that will show how much money the country’s financial sector, the most troubled in the region, needs to avoid rekindling a eurozone crisis.
Banks in several countries could be shown to be financially weak, but Italy’s are under particular scrutiny as they still lumber under 360 billion euros ($400 billion) in loans that aren’t being repaid.
Of the five big Italian banks being tested by the European Banking Authority, Monte dei Paschi di Siena is most notably expected to come up short. On the eve of the stress test, Monte dei Paschi’s board confirmed that it had rival proposals to save the world’s oldest bank. They reportedly involve the sale of non-performing loans and raising capital. Shares soared 7 per cent to 0.31 euros on opening Friday.
Concern over Europe’s banks has grown since Britain’s vote to leave the European Union has increased market jitters…
Banks in several countries could be shown to be financially weak, but Italy’s are under particular scrutiny as they still lumber under 360 billion euros ($400 billion) in loans that aren’t being repaid.
Of the five big Italian banks being tested by the European Banking Authority, Monte dei Paschi di Siena is most notably expected to come up short. On the eve of the stress test, Monte dei Paschi’s board confirmed that it had rival proposals to save the world’s oldest bank. They reportedly involve the sale of non-performing loans and raising capital. Shares soared 7 per cent to 0.31 euros on opening Friday.
Concern over Europe’s banks has grown since Britain’s vote to leave the European Union has increased market jitters…
In the battle between fintechs and banks, consumers are the winner
– theglobeandmail.com
The digital transformation of business has enormous potential for financial services, and for all consumers who are hungry for new experiences and enhanced convenience
