More Canadians are rethinking their bank. Should you? + MORE Jul 23rd

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U.S. aiming for interim deals with Canada, Mexico by end of year, top Trump trade official says  The Globe and MailGreer defends Canada tariff threat, says CUSMA ‘options’ coming this year  Global NewsTrump’s trade czar says he hopes to give Canada CUSMA ‘options’ by end of year  Toronto StarCanada doesn’t ‘get credit’ for rolling back trade irritants, U.S. envoy says  CBCWhy this manufacturing industry insider thinks the U.S. will soon come around on CUSMA  National Post

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More Canadians are rethinking their bank. Should you?Clinton Begin was growing tired of frequent visits to bank branches and calling into the trading desk to check on various transactions. “There (were) a lot of things that just took too much of my time. I was always phoning, always going to visit them. It was always a big deal,” he recalled.

Even though he had been banking with several of the big lenders for decades, his frustrations grew until they came to a head during one instance involving one of his registered accounts. He finally decided to pull the trigger and switch to a fintech as his primary bank.

Canada’s banking regulator has been streamlining its bank licensing framework, making it easier for smaller financial companies and provincial credit unions to enter the federal financial system and compete against the Big Six. It’s also giving consumers greater choice when it comes to who they want to bank with.

Choose a bank that fits your needs

But consumers shouldn’t just switch banks on a whim, said Natasha Macmillan, senior director of everyday banking at Ratehub…

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U.S. aiming for interim deals with Canada, Mexico by end of year, top Trump trade official says  The Globe and MailGreer defends Canada tariff threat, says CUSMA ‘options’ coming this year  Global NewsTrump’s trade czar says he hopes to give Canada CUSMA ‘options’ by end of year  Toronto StarCanada doesn’t ‘get credit’ for rolling back trade irritants, U.S. envoy says  CBCWhy this manufacturing industry insider thinks the U.S. will soon come around on CUSMA  National Post

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