Learn more about Canada’s top banks rates, rules and the latest news – read on!
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The best high-interest savings accounts in Canada for 2026 + MORE Mar 23rd
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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Cautious optimism for federal plan to let rent count toward credit scores + MORE Apr 1st
The federal government’s commitment to have rent payments counted toward credit scores is being welcomed by companies that already offer the service, while renter advocates have raised concerns.
The plan to make the practice more widespread is encouraging, said Andrew Graham, chief executiv.... More »
Best rewards debit cards in Canada for 2023 + MORE Jun 13th
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The best rewards debit cards in Canada for 2023
These are the debit cards that can earn you rewards like cash back, PC Optimum points, Scene+ points and Air Miles.
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Now’s not the time to switch to a fixed-rate mortgage Apr 18th
The Bank of Canada’s April 13 interest rate hike of 0.5%—the biggest one-time rate jump in decades—caught many variable-rate mortgage holders off guard. Some are likely thinking about running to their local bank branch or mortgage specialist to lock into a standard five-year fixed rate. Those .... More »
Scotiabank profit rise pushes big bank profits up 20% to almost $10B this quarter + MORE May 30th
Scotiabank boosted its second-quarter net income by 30 per cent to $2.06 billion, in a period that saw all of the country's biggest banks shrug off concerns about high house prices and overstretched borrowers..... More »
The Economic Winds Are at Europe's Back
– online.wsj.com
A continent in crisis? Far from it. Unemployment is down; growth is up; even Greek banks are healthier.How Canada’s biggest banks have become complicit in the housing bubble
– canadianbusiness.com
Canada’s big bank headquarters on Bay Street in Toronto. (Adrian Veczan/CP)This article originally appeared in Maclean’s.
Royal Bank of Canada Chief Executive David McKay flattered some Bay Street reporters with rare interviews the other day, having just conducted another clinic in money making by guiding his 148-year-old institution to a record quarterly profit of $3 billion. What better time for a banker to subject herself or himself to scrutiny than amidst a flurry of zeroes?
.cbR{box-sizing:border-box;display:block;width:100%;margin:1em 0;border:1px solid #bbb;padding:.5em}@media (min-width:480px){.cbR{width:250px;margin:0 0 1em 1em;float:right}}Toronto isn’t growing fast enough to justify its bubbly house prices
Judging by the headlines, the scribes were either underwhelmed or uninterested by what McKay had to say about banking. He made news by talking about Toronto real estate. Not so long ago, Royal’s chief executive was fairly sanguine about Canada’s big-city housing bubble…
