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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How to Choose a Co-Branded Credit Card Dec 5th
You can find co-branded credit cards offered by retail stores, airlines, and even tech companies. These credit cards help companies because they encourage you to spend money with their organization. If used carefully, co-branded cards can help save you a lot of money. Here’s what to consider..... More »
The best GIC rates in Canada for 2026 + MORE Jan 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 »
The best GIC rates in Canada for 2025 Apr 7th
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 »
Looking for a mortgage in B.C.? Don’t limit your options to the big banks Nov 9th
At last, interest rates are coming down again. For Canadians who are in the market for a new home, facing renewal of their mortgage in the foreseeable future, or feeling unsatisfied with their current home loan, this poses two choices: do you pounce now, or stay on the sidelines in the hope that rat.... More »
Canada’s top-rated charities 2020: Top 100 Nov 29th
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Scotiabank, BMO paint optimistic pictures in face of declining profit for capital-markets arms
– theglobeandmail.com
Both banks see year-over-year declines in January net income
BMO, Scotiabank reap profits from international operations
– theglobeandmail.com
Reaching deeper into foreign markets has been a vital way for Canadian banks operating in a highly consolidated domestic market to grow
What is the Difference Between Fixed and Variable Rate Loans?
– ratesupermarket.ca
It’s no secret that acquiring debt can cause grief and anxiety. But whether it’s for an unplanned financial emergency, an upcoming renovation or a needed major purchase, there are some situations when taking out a personal loan makes sense.
A personal loan can be easier to apply for in comparison to other types of financing such as credit cards, or a personal line of credit from your bank. There are also no restrictions in how you spend a personal loan.
However, borrowing money from a lender or bank means you’re legally committed to paying the money back within a certain time frame. So when applying, simply guessing if your budget can afford the timely payments is a bad idea.
First, you need to understand how interest rates will affect your payments, and you basically have two ways to go — fixed rates or variable rates.
Fixed-rate loan – the “set it and forget it” choice
With a fixed-rate loan, the loan rate and payment you make each month will stay constant for the term of your loan, no matter how much the market fluctuates…
The two solitudes of earnings and equities in the Canadian stock market
– theglobeandmail.com
Canada’s banks are the latest to beat profit estimates, but the promising numbers aren’t being reflected in stock increases
