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.
Latest News
A Decline in House Prices Could Lead to an Increase in Mortgage Defaults + MORE Jul 10th
The COVID-19 pandemic has had a profound impact on the Canadian economy. While the number of new cases is now trending in the right direction in many parts of the country, the economic carnage will continue to be felt for some time. One area that is being closely watched is the real estate sector. .... More »
Banks cutting variable mortgage rates to drum up business even as fixed rates rise May 18th
A number of Canadian lenders have slashed their variable mortgage rates in recent days, even as some of those same lenders are raising their fixed-rate mortgages..... More »
U.S. tax reform increases chance of 'slow bleed' of investment from Canada: TD Feb 13th
Two of Canada's big banks are sounding the alarm over the negative impact that Canada's economy will see as a result of new tax reform measures in the U.S. under the Trump administration..... More »
The best GIC rates in Canada for 2026 Jul 27th
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 »
What would a central bank digital currency mean for Canada? We ask 5 experts Jul 11th
Canadians have long embraced digital transactions. We make purchases, pay bills and transfer money to people around the world with the tap of a card or the click of a button—every single day. We do all of this using regular, government-backed Canadian dollars.
Yet the Bank of Canada (BoC) is ac.... More »
The close: TSX ends lower as banks, miners weigh
– theglobeandmail.com
S&P falls for third session as tech rebound wilts
Canadian banks paying out $14.3-billion in bonuses in 2017
– theglobeandmail.com
The 11 per cent increase in bonus pools from last year stands in contrast to last year, when a 3.4 per cent increase was the lowest since 2010
