The “Big Five” Canadian banks include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Are there other viable options?
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The best student credit cards in Canada for 2023 Sep 13th
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The best student credit cards in Canada for 2023
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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 »
Sault Chamber reacts to provincial budget - SooToday.com + MORE Mar 29th
Sault Chamber reacts to provincial budget SooToday.comMayors from Waterloo region share their wins and disappointments from Ontario's 2026 budget cbc.caOntario’s budget banks on a housing resale rebound in 2026 — but real estate players aren’t so sure thestar.c.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Sep 8th
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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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Looking for a mortgage in B.C.? Don’t limit your options to the big banks Apr 4th
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 »
Now’s not the time to switch to a fixed-rate mortgage
– moneysense.ca
The Bank of Canada’s April 13 interest rate hike of 0.5%—the biggest one-time rate jump in decades—caught many variable-rate mortgage holders off guard. Some are likely thinking about running to their local bank branch or mortgage specialist to lock into a standard five-year fixed rate. Those who do so will likely be welcomed into the lion’s den by employees with open arms, wide grins and reassuring sales pitches bestowing the benefits of peace of mind and comfort.
Stop! Yes, banks’ prime lending rate has increased from 2.4% to 3.2% with the first two benchmark rate increases this year. And yes, we will most likely see another Bank of Canada rate increase come June, and it could push the prime rate further, possibly to 3.7%. This all seems uncontrollable, unmanageable—and it will cause many to panic.
You’re 2 minutes away from getting the best mortgage rates in CanadaAnswer a few quick questions to get a personalized rate quoteI’m buying a homeI’m renewing/refinancingYou will be leaving MoneySense…


