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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What is a consumer proposal? How does it work? + MORE May 23rd
Getting trapped in a perpetual cycle of debt with seemingly no way out is one of the most stressful situations life can throw at you. For anyone looking for a way forward, experts say a consumer proposal can break the chain without the need for a bankruptcy filing.
While everyone’s debt toleran.... More »
Wealthsimple launches savings account with premium rate + MORE Apr 6th
TORONTO —Robo-adviser Wealthsimple is hoping to lure clients away from traditional financial institutions by launching a savings account with a premium interest rate.
The Smart Savings account, launched in Canada and the U.S. on Thursday, will offer a 1.7 per cent interest rate north of the border.... More »
The best GIC rates in Canada for 2025 May 5th
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 »
Outlook Financial Review: Canadian Online Banking Made In Manitoba Nov 19th
There are several online banks owned by credit unions in Canada. Outlook Financial is one of them. A division of Winnipeg-based Assiniboine Credit Union, Outlook offers banking products and services to customers across Canada. In this Outlook Financial review, I’ll let you know what they have to o.... More »
The best GIC rates in Canada for 2026 + MORE Mar 30th
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 »
Preview of Banks’ Q3 2017 Earnings
– financialsector.blogspot.com
Scotia Capital, 21 August 2017
• Despite the favourable combination of strong operating performance (13% YoY EPS growth in 1H/17) and a resurgent domestic economy that underpinned the first rate hike from the BoC in seven years, Canadian bank stocks have run in place for much of 2017, with the TSX Bank Index having moved a grand total of 1% (to the downside) 7.5 months into the year. While we
• Despite the favourable combination of strong operating performance (13% YoY EPS growth in 1H/17) and a resurgent domestic economy that underpinned the first rate hike from the BoC in seven years, Canadian bank stocks have run in place for much of 2017, with the TSX Bank Index having moved a grand total of 1% (to the downside) 7.5 months into the year. While we
CIBC divorce from PC Financial shines light on bruised loyalty card industry
– canadianbusiness.com
Another divorce in Canada’s loyalty card sector has consumers stuck in the middle asking questions about the future of an industry still bruised by the actions of some of its largest providers.
The Canadian Imperial Bank of Commerce announced this week it is severing ties with Loblaw’s (TSX:L) President’s Choice Financial and rolling PC’s two million bank accounts into its Simplii Financial brand starting Nov. 1.
It is the latest split between loyalty programs and the country’s banks, which are increasingly moving towards digital banking, following prior breakups between Shopper’s Drug Mart and Royal Bank of Canada and Costco and American Express. TD took over from CIBC as the primary card for Aeroplan, while Air Canada recently said it plans to move away from Aeroplan to start its own loyalty program after 2020.
Technology and the structure of loyalty programs have dramatically changed since CIBC and Loblaws partnered almost two decades ago, said Jacques Nantel, marketing professor emeritus at the University of Montreal’s HEC business school…
The Canadian Imperial Bank of Commerce announced this week it is severing ties with Loblaw’s (TSX:L) President’s Choice Financial and rolling PC’s two million bank accounts into its Simplii Financial brand starting Nov. 1.
It is the latest split between loyalty programs and the country’s banks, which are increasingly moving towards digital banking, following prior breakups between Shopper’s Drug Mart and Royal Bank of Canada and Costco and American Express. TD took over from CIBC as the primary card for Aeroplan, while Air Canada recently said it plans to move away from Aeroplan to start its own loyalty program after 2020.
Technology and the structure of loyalty programs have dramatically changed since CIBC and Loblaws partnered almost two decades ago, said Jacques Nantel, marketing professor emeritus at the University of Montreal’s HEC business school…
Inside the shake-up for the loyalty card industry
– moneysense.ca
MONTREAL — Another divorce in Canada’s loyalty card sector has consumers stuck in the middle asking questions about the future of an industry still bruised by the actions of some of its largest providers.
The Canadian Imperial Bank of Commerce announced this week it is severing ties with Loblaw’s (TSX:L) President’s Choice Financial and rolling PC’s two million bank accounts into its Simplii Financial brand starting Nov. 1.
It is the latest split between loyalty programs and the country’s banks, which are increasingly moving towards digital banking, following prior breakups between Shopper’s Drug Mart and Royal Bank of Canada and Costco and American Express. TD took over from CIBC as the primary card for Aeroplan, while Air Canada recently said it plans to move away from Aeroplan to start its own loyalty program after 2020.
The Canadian Imperial Bank of Commerce announced this week it is severing ties with Loblaw’s (TSX:L) President’s Choice Financial and rolling PC’s two million bank accounts into its Simplii Financial brand starting Nov. 1.
It is the latest split between loyalty programs and the country’s banks, which are increasingly moving towards digital banking, following prior breakups between Shopper’s Drug Mart and Royal Bank of Canada and Costco and American Express. TD took over from CIBC as the primary card for Aeroplan, while Air Canada recently said it plans to move away from Aeroplan to start its own loyalty program after 2020.
Time to grab $16 billion in unredeemed loyalty points
Technology and the structure of loyalty programs have dramatically changed since CIBC and Loblaws partnered almost two decades ago, said Jacques Nantel, marketing professor emeritus at the University of Montreal’s HEC business school…


