The “Big Five” Canadian banks include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Are there other viable options?
Latest News
Federal centre flags signs of cash linked to fentanyl scourge in new alert Jan 31st
OTTAWA _ Traffickers are exploiting Canadian money service businesses to buy deadly fentanyl from overseas and then launder the proceeds through banks and credit unions, warns the national financial intelligence agency.
The federal Financial Transactions and Reports Analysis Centre is issuing a deta.... More »
The best high-interest savings accounts in Canada for 2024 + MORE Aug 12th
Save
The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.
Compare now
Tap the button for more details.
W.... More »
The best GIC rates in Canada for 2026 Feb 4th
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 »
Investment is flowing out of Canada and into U.S. after tax changes, RBC president says Apr 3rd
The head of one of Canada's largest banks is urging the federal government to stem the flow of investment capital from this country to the United States — because, he warns, it's already leaving in "real time.".... More »
NHL contract grades: Another win for the Maple Leafs in adding Max Domi - The Athletic + MORE Jul 3rd
NHL contract grades: Another win for the Maple Leafs in adding Max Domi The AthleticMax Domi signs with Maple Leafs as GM Treliving banks on throwbacks Sportsnet.caNHL free agency 2023: Maple Leafs sign Max Domi to 1-year deal Yahoo Canada SportsMax Domi signed by th.... More »
New buyers can expect home ownership to become even less affordable next year, while current owners will be largely insulated from higher rates.
