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 + MORE Jun 11th
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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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#5: Brane Inc. Feb 7th
In the unpredictable world of cryptocurrency, Brane has become a safe haven. The financial-technology company’s mission is to demystify the confusing and ever-changing landscape of digital assets—blockchain, crypto and non-fungible tokens included—for its largely conservative clientele.
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The best high-interest savings accounts in Canada for 2025 + MORE Jun 3rd
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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Big banks set to reveal quarterly profits as NAFTA fears and rate hikes loom Aug 21st
The big Canadian banks are set to reveal their quarterly earnings over the next week, and investors will take a close look to see whether anxiety over higher interest rates and an uncertain trade environment are hurting the economy's prospects..... 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 »
What Is a Credit Union? The Pros and Cons vs a Bank
– canadianfinanceblog.com
In recent years, there has been a lot of backlash against banks over fees and practises that has left Canadians looking for a place to keep their money that isn’t associated with big banks.
One of the options you have is to choose a credit union. Credit unions are different from banks, and some even think they are superior to banks. If you are looking for an alternative to banks, a credit union might be a good choice. Plus, as an added perk, many credit unions offer lower car loan and mortgage rates than you will see at banks.
What is a Credit Union?
In the early 20th century, it was hard for “regular” working folks to get access to banks. Many tradespeople, teachers, and others struggled to build relationships with banks. Some decided to pool their resources to some degree. Credit unions are cooperative financial institutions that are owned by their members. It’s possible for you to sit on the board of your local credit union, and attend meetings and vote. This is rarely the case when you take your money to a bank…
One of the options you have is to choose a credit union. Credit unions are different from banks, and some even think they are superior to banks. If you are looking for an alternative to banks, a credit union might be a good choice. Plus, as an added perk, many credit unions offer lower car loan and mortgage rates than you will see at banks.
What is a Credit Union?
In the early 20th century, it was hard for “regular” working folks to get access to banks. Many tradespeople, teachers, and others struggled to build relationships with banks. Some decided to pool their resources to some degree. Credit unions are cooperative financial institutions that are owned by their members. It’s possible for you to sit on the board of your local credit union, and attend meetings and vote. This is rarely the case when you take your money to a bank…
