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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The best GIC rates in Canada for 2024 Jul 25th
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The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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A Review of Tangerine Investment Funds: Do They Measure Up? Aug 19th
With more and more Canadians moving towards low-fee investing options, banks and investment companies have had to step up their game, to deliver products that provide the right mix between price and performance.
In this review of Tangerine mutual funds, I’ll take a look at how one of Canada’s le.... More »
Best Canadian Renewable Energy Stocks: Earn More While Going Green Dec 13th
Stock investors look to new asset classes to diversify their portfolios while looking for new growth opportunities. For years, financials (banks) and energy companies like Enbridge or Canada Natural Resources have dominated the Canadian stock market. Lately, investors are paying more attention to co.... More »
Video: What do you need to open a bank account? Mar 25th
Looking for a better interest rate? Want more accessible ATMs? Tired of paying fees for things like bank drafts? Whatever your reason, changing banks or opening a new bank account can take just a few clicks—if you’re prepared. Watch this two-minute video to see what documents you’ll need (even.... More »
Canadians getting sick trying to cut food costs: study - CityNews Toronto + MORE Apr 27th
Canadians getting sick trying to cut food costs: study CityNews TorontoCanadian food banks are on the brink: ‘This is not a sustainable situation’ Global NewsCanadians are taking more risks with their food due to high prices National PostCHARLEBOIS: The hidden co.... More »
TD customers can no longer use credit cards to buy crypto
– moneysense.ca
TORONTO — TD Bank says it is taking a pause on allowing customers to use its credit cards to buy cryptocurrency.
The big bank says it made the decision to conduct a review and assessment of the evolving market.
The decision follows moves by several U.S. banks to stop allowing credit card purchases of bitcoin and other cryptocurrencies.
The value of bitcoin soared last year, trading for more than C$20,000 per bitcoin.
The value of the cryptocurrency has since come off its all-time highs and trades for around C$13,000, but remains up significantly from where it was a year ago.
Royal Bank says it does allow its credit and debit cards to be used for transactions involving cryptocurrency in limited circumstances, but cautioned clients about the possibility of a sudden drop in the value of cryptocurrencies.
MORE ABOUT BITCOIN:
The big bank says it made the decision to conduct a review and assessment of the evolving market.
The decision follows moves by several U.S. banks to stop allowing credit card purchases of bitcoin and other cryptocurrencies.
The value of bitcoin soared last year, trading for more than C$20,000 per bitcoin.
The value of the cryptocurrency has since come off its all-time highs and trades for around C$13,000, but remains up significantly from where it was a year ago.
Royal Bank says it does allow its credit and debit cards to be used for transactions involving cryptocurrency in limited circumstances, but cautioned clients about the possibility of a sudden drop in the value of cryptocurrencies.
MORE ABOUT BITCOIN:
Why cryptocurrency is ‘closer to gambling than investing’
Bitcoin explained
Bitcoin technology could make banking cheaper
Bitcoin ATMs arrive in shopping centres across Toronto
Hassle-free bitcoin investing may be coming
Bitcoin ATM comes to Canada
Celeb IPO
The post TD customers can no longer use credit cards to buy crypto appeared first on MoneySense.
U.S. appeals court restores lawsuit naming RBC that alleges Libor interest rate manipulation
– thestar.com
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.
