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.
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Housing affordability set to get even worse next year, big banks warn Oct 6th
New buyers can expect home ownership to become even less affordable next year, while current owners will be largely insulated from higher rates..... More »
Airport Reward Programs: What You Need to Know Feb 14th
After enrolling in brand loyalty programs, amassing frequent flier miles, and getting a credit card with great rewards, what’s next? Many airports have started offering their own rewards programs, earning you bonus points for everything from duty-free shopping to parking. Whether you’r.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Jun 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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Canada’s Best Visa Credit Cards 2022 Jun 2nd
When consumers shop for a new credit card, they typically look at the ability to collect points, the insurance coverage offered, fees and interest rates on unpaid balances—not at the credit card company itself. But if you already have an account with RBC, CIBC, Scotiabank or any other Visa issuers.... More »
Flooded-out rivers continue to threaten New Brunswick - CP24 Toronto's Breaking News + MORE Apr 29th
CP24 Toronto's Breaking NewsFlooded-out rivers continue to threaten New BrunswickCP24 Toronto's Breaking NewsFREDERICTON - As flood waters in Fredericton began to show some signs of relief Sunday, the owner of a popular craft brewery on the banks of the Saint John River was anxious to assess damage .... More »
Let housing measures play out before introducing new policies, bankers’ head says
– canadianbusiness.com
Policy-makers should take time to ensure there are no unintended consequences stemming from efforts to rein in Toronto’s runaway housing prices before introducing further measures, the new CEO of the Canadian Bankers Association said Wednesday.
Neil Parmenter said he’s encouraged that the federal, provincial and municipal levels of government are working together on housing policy. But he urged regulators and politicians to assess what effects recent rule changes are having before bringing in new policies.
“Sometimes it’s healthy to have a bit of a pause and see what the impacts are and then adjust as necessary,” Parmenter said in his first interview with a Canadian news organization since taking the helm of the association earlier this month.
The Ontario government announced a suite of regulations in April aimed at cooling the country’s hottest housing market, including a 15 per cent tax on foreign speculators.
After reporting their latest quarterly results in recent days, several of the CEOs of Canada’s biggest banks said they are seeing early signs of a slowdown in the Toronto real estate market…
Neil Parmenter said he’s encouraged that the federal, provincial and municipal levels of government are working together on housing policy. But he urged regulators and politicians to assess what effects recent rule changes are having before bringing in new policies.
“Sometimes it’s healthy to have a bit of a pause and see what the impacts are and then adjust as necessary,” Parmenter said in his first interview with a Canadian news organization since taking the helm of the association earlier this month.
The Ontario government announced a suite of regulations in April aimed at cooling the country’s hottest housing market, including a 15 per cent tax on foreign speculators.
After reporting their latest quarterly results in recent days, several of the CEOs of Canada’s biggest banks said they are seeing early signs of a slowdown in the Toronto real estate market…
What CIBC’s head of equities has been buying and selling
– theglobeandmail.com
He also likes banks, some energy companies but has been trimming Dollarama and Waste Connections; and he wishes he bought Shopify sooner
The close: Stocks close lower as energy shares slide on oil weakness
– theglobeandmail.com
U.S. banks take hit amid warning of revenue weakness
Google’s Android Pay launches in Canada with most major banks as partners
– canadianbusiness.com
Google’s Android Pay, a mobile wallet that allows people to pay with their smartphone, is available for Canadians to download starting Wednesday.
Users can pay with the app in stores that accept contactless payment and on apps such as Uber and Lululemon that have an Android Pay button.
Android Pay will work with Visa and MasterCard credit cards from Bank of Montreal, CIBC, Scotiabank, National Bank, Desjardins, President’s Choice Financial, ATB Financial and Canadian Tire Financial Services.
On Monday, Google will start to roll out support for Interac cards from those banks.
Missing from the list of partners are TD Bank and Royal Bank, which both offer in-house digital wallets that are compatible with some Android devices.
Pali Bhat, vice-president of Google payments, said the company expects to add more banks to the pay system.
Android Pay comes to Canada more than a year after Apple Pay became available in the country.
The Android app, which is already in use in 11 other countries, will work on all NFC-enabled Android devices running on the operating system KitKat 4…
Users can pay with the app in stores that accept contactless payment and on apps such as Uber and Lululemon that have an Android Pay button.
Android Pay will work with Visa and MasterCard credit cards from Bank of Montreal, CIBC, Scotiabank, National Bank, Desjardins, President’s Choice Financial, ATB Financial and Canadian Tire Financial Services.
On Monday, Google will start to roll out support for Interac cards from those banks.
Missing from the list of partners are TD Bank and Royal Bank, which both offer in-house digital wallets that are compatible with some Android devices.
Pali Bhat, vice-president of Google payments, said the company expects to add more banks to the pay system.
Android Pay comes to Canada more than a year after Apple Pay became available in the country.
The Android app, which is already in use in 11 other countries, will work on all NFC-enabled Android devices running on the operating system KitKat 4…
