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
Should you get that promo rate? Check out the fine print first Dec 17th
Some banks entice Canadians to open new accounts with the offer of a high but short-lived promotional interest rate. A generous interest rate might catch your eye, but there are a few things you should ask yourself before you sign up for a new chequing or savings account.
Should you switch bank a.... 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 »
Self-Employed but Need a Loan? 7 Things You Need to Know + MORE Aug 9th
Being self-employed has its pros and cons: you may have a more flexible schedule, but you also have a lot more responsibility, especially when it comes to managing your own finances.
According to Statistics Canada, 2.76 million people were self-employed in 2016. And with the swelling ranks of the s.... More »
Watchdog unveils guidelines to support mortgage-holders under financial stress - BNN Bloomberg + MORE Jul 5th
Watchdog unveils guidelines to support mortgage-holders under financial stress BNN BloombergStruggling mortgage holders could see lenders waive fees under new guidelines Global NewsCanada Adds Guidelines for Banks to Prevent Mortgage Defaults Financial PostWatchdog u.... More »
Making sense of the markets this week: June 2, 2024 May 31st
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.
RBC and National Bank continue to lead the pack
Canadian banks continue to prepare for worst-case scenarios with in.... More »
As Trump unravels Dodd-Frank, Canadian banks bullish on U.S.
– theglobeandmail.com
Trump administration also calls for a review of Department of Labour’s Obama-era fiduciary rule
Trump moves to ease Wall Street regulations, review 'fiduciary rule' for retirement advisers
– cbc.ca
U.S. President Donald Trump signed two executive actions aimed at reforming financial services regulations on Friday: reviews of the 2010 Dodd-Frank Act regulating banks and a rule requiring retirement advisers to act in their clients’ best interests that was to take effect in April.
