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 TD credit cards in Canada 2021 May 31st
Before we talk about the best TD credit cards in Canada, let’s talk about TD. Formed through a merger between financial giants Bank of Toronto and The Dominion Bank in 1955, TD is one of Canada’s big five banks. It offers a wide array of financial services including an impressive portfolio of mo.... More »
The 10 best rewards credit cards in Canada for July 2023 + MORE Jul 1st
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The 10 best no-fee credit cards in Canada for July 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
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The best high-interest savings accounts in Canada for 2024 + MORE Sep 10th
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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The best credit cards for newcomers to Canada for 2024 + MORE Jul 2nd
Credit Cards
The best credit cards for newcomers to Canada for 2024
As a newcomer, you’ll want a credit card that offers you the best value without having a long Canadian credit history. Here’s a list of our favourite cash back, rewards, low-interest cards and more.
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“Help! My RRSPs are all over the place” + MORE Aug 10th
As Canada’s financial services sector expands to include new online banks, credit unions, robo-advisors, brokerages and more, so does the likelihood that you have a ragtag number of registered savings plans with multiple institutions. For example, you may have set up an employer-sponsored plan at .... More »
Making sense of the markets this week: May 24, 2021
– moneysense.ca
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.Stocks could fall when the Fed fights inflation
How do the U.S. Federal Reserve and other central banks fight inflation? By increasing rates. And the fear is that inflation-fighting in 2021 will kill stocks.
Let’s back up a bit and look at how that works. As always, one of the greatest threats to stocks is bonds. Higher rates will increase borrowing costs to cool inflation and cool off the economy. By design, the rate increases could put a heavy lid on, or even reverse, economic growth.
In this post on Yahoo! Finance, hedge fund manager Dan Niles suggests that stocks could fall by 10% to 20% when we see those rate increases.
From that post…
“‘If you’ve got food prices, energy prices, shelter prices moving up as rapidly as they are, the Fed’s not going to have any choice,’ he said, predicting that the Fed could signal the beginning of a move to wind down its monthly $120-billion-a-month pace of asset purchases by this summer…
