Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
Retired RBC executive to chair new federal infrastructure bank + MORE Jul 7th
The federal government is hiring the former chief financial officer at one of Canada's largest banks to help oversee its new infrastructure-financing agency. Janice Fukakusa will chair the new board of the Canada Infrastructure Bank..... More »
EQ Bank Review: The Best Place to Save Your Money? Feb 18th
It’s been a few short years since EQ Bank emerged onto the landscape of Canadian online banks. But while they may seem like the new kid on the block, their roots run much deeper.
Who Owns EQ Bank?
EQ Bank is brought to you by Equitable Bank, which has been providing residential and commercial lend.... More »
Interest rates: From lower for longer, to low for no longer + MORE Jun 14th
Carolyn Wilkins. (Photograph by Erin Schaff)
Inflation is coming.
Ha-ha! You don’t believe me, do you? I can hardly blame you. Economists used to talk about prices as if they were barely domesticated animals: loosen the tether, and they will will take off on you. Those economists now look like fo.... More »
RBC Lowers Outlook on Banks Feb 2nd
The Globe and Mail, David Berman, 1 February 2019
Canadian bank stocks have rebounded over the past six weeks after touching their lowest valuations since the financial crisis. But an enduring recovery rests on profit and revenue growth over the year ahead, and the outlook here is murky at best.
F.... More »
How to use your credit card responsibly + MORE May 30th
Credit cards are a part of everyday life. They’re a convenient and safe way to pay for your purchases, and they often come with perks and benefits. Plus, when you use a credit card responsibly, you can build up your credit score, which can help you access loans, mortgages or other types of creditâ.... More »
Attawapiskat: Re-examining a community through photos
– macleans.ca
Home to the Swampy Cree First Nations people, the rural Canadian community of Attawapiskat in Ontario reached a tragic tipping point in 2016. Nestled on the winding banks of the Attawapiskat river, the town of approximately 2,000 residents declared a formal state of emergency in response to an overwhelming surge of attempted suicides, momentarily grabbing the attention of the Canadian people.With the support of a grant from the Pulitzer Centre on Crisis Reporting, photographer David Maurice Smith—the latest photographer to take over Maclean’s Instagram account, from April 1 to April 7—travelled to Attawapiskat with the intention of showing the community in a broader cultural context, one that could help Canadians to see beyond the crisis itself and understand more about the lives of the town’s residents. The serious challenges facing First Nations towns like Attawapiskat have essentially become the narrative, leading to an erosion of empathy from outsiders and a lack of appreciation of the richness and resiliency of these communities…
