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?
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RESP vs. RRSP and TFSA: What’s the best option for education savings? Feb 12th
Welcome to Education Money, a new column that covers the questions and concerns parents and investors have about funding their child’s education. Andrew Lo, CEO of Embark, shares his thoughts and insights on how to make the most of RESPs. To kick off the column, he explains the different options C.... More »
Motive Financial Review – Canada’s Best High Interest Savings Account? Jul 18th
Motive Financial is the online banking arm of Canadian Western Bank, which is a Schedule I bank. As with other online only banks, such as Tangerine or EQ, Motive has become popular with Canadians who appreciate the low fees an higher interest that they are able to offer. But how does Motive measure .... More »
U.S. appeals court restores lawsuit naming RBC that alleges Libor interest rate manipulation + MORE Feb 23rd
Charles Schwab Corp. and several of its mutual funds allege banks, including JP Morgan Chase and Citibank, artificially suppressed the Libor rate between August 2007 and May 2010..... More »
It’s Time to Get Smart about Your Credit Oct 17th
October 17 is National Get Smart About Your Credit Day and there is no better time with the year end and holidays approaching, to sit down and review your finances. Whether you have debt or not, take this opportunity to evaluate how you manage your credit and where there could be room for improveme.... More »
Lowest Winnipeg mortgage rates: Save with Cambrian Credit Union May 9th
When Canadians need a mortgage, they often default to the big banks—but there’s a whole other world of financing options to explore. Credit unions have competitive interest rates in Canada, including Manitoba, plus innovative mortgage options you may not be able to find elsewhere. Shopping aroun.... More »
Scotiabank’s AT1 security a hit; other banks expected to follow suit
– theglobeandmail.com
Canadian firms mull adopting lender’s red-hot hybrid security, which last week raised $1.25-billion from mostly foreign investors
