Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
The best Visa credit cards in Canada for 2024 Nov 7th
Credit card comparison tool
Compare your Visa options with our interactive tool and filter credit cards based on rewards value, annual fees, income requirements and more.
powered by
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999.... More »
Cut unnecessary costs with one simple change to your banking Dec 10th
If you’re like many Canadians, you view bank fees as a necessary expense, but this couldn’t be farther from the truth. Paying a small fee each month isn’t usually much trouble, but over a whole year, it can really add up. The good news is that affordable banking has never been more in .... More »
Do inflation-linked bonds make sense in an era of rising interest rates? Feb 23rd
For a long time, inflation-linked bonds like TIPs (Treasury Inflation-Protected Securities) in the U.S. or Government of Canada Real Return Bonds (RRBs) seemed like valid alternatives to nominal bonds for inflationary environments. If inflation ticks above certain levels, such bonds—or exchange-tr.... More »
Is an all-weather portfolio the answer to the shortage of “safe” investments? Jan 25th
For retirees and near retirees, it can sometimes seem like there’s no such thing as a “safe” investment—especially now. Even bonds and bond funds, typically considered the safest of investment—suffered losses in 2021, as interest rates were poised to rise. Now that central banks have said .... More »
The best GIC rates in Canada for 2024 + MORE Jul 6th
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Compare highest rates
Why trust us
MoneySense is an award-winning.... More »
How To Save On Back to School Shopping
– ratesupermarket.ca
Back to school season is officially in full swing. If you haven’t finished shopping for your school-bound child, you’ll most likely be hitting the mall soon to get it all done. This is an expensive time of year for parents trying to get their children prepared for back to class. According to a survey by the shopping site Ebates, parents of post-secondary aged children expect to spend up to $198 per child and parents of pre-schoolers expect to spend $147.
If you have several children headed back to school in September, you could be looking at a several hundred-dollar bills to get them ready. This is the second busiest shopping season of the year. Only at Christmas and the holidays do we spend more. Many of us have already accumulated debt from all the summer fun we have been having. Don’t make it worse by racking up more charges on your credit card.
Shop at home first
Always start your back to school shopping in your child’s own closet. During the hot summer months, it’s easy to forget about what fall and winter items your children own…
