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The start of the new year is a great time to make changes and set yourself up for financial well-being. That includes reviewing the financial products you use, including bank accounts, and looking for ways to save on fees. One simple way to get more value: switch to a free chequing account in Canada.
Your chequing account is the unsung hero of your finances. It does everything necessary to keep your money flowing, from receiving your paycheques through direct deposit to paying your bills and providing easy access to your cash. If you’re one of the many Canadians still paying fees for everyday banking, switching to a free chequing account, like the one at Simplii Financial, is an easy way to save on unnecessary costs.
sponsoredSimplii Financial No Fee Chequing Accountgo to site
Earn $300 when you become a new client, open a No-fee Chequing Account and make an eligible direct deposit of at least $100 a month for three straight months. Offer ends April 28, 2025.
No monthly or minimum balance needed
Unlimited cheque transactions and e-transfers
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One must-have this year: A no fee chequing account
Many Canadians use the same traditional bank accounts year in and year out…
Companies that reported earnings this week
BMO
Scotiabank
BMO Financial Group reports $2.14B Q1 profit up from $1.29B a year ago
Source: Google
BMO (TSE: BMO)
Q1 earnings: $2.14 billion, up from $1.29 billion a year earlier.
Revenue: $9.27 billion, up from $7.67 billion a year earlier.
BMO Financial Group says it earned $2.14 billion in its first quarter, up from $1.29 billion in the same quarter last year, helped by strength in its wealth management and capital markets businesses.
The bank said Tuesday the profit amounted to $2.83 per diluted share for the quarter ended Jan. 31, up from $1.73 per diluted share a year earlier.
Revenue totalled $9.27 billion, up from $7.67 billion in the same quarter last year.
The bank’s provision for credit losses amounted to $1.01 billion in its latest quarter, up from $627 million in the same quarter last year.
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On an adjusted basis, BMO says it earned $3.04 per share in its latest quarter, up from an adjusted profit of $2…
