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.
Latest News
USDA to buy up to $13 million in canned pink salmon to help ease glut hurting Alaska fishermen + MORE Sep 3rd
JUNEAU, Alaska – The U.S. Department of Agriculture has agreed to buy up to $13 million in canned pink salmon to ease a glut that has weighed down prices for Alaska fishermen.
In July, Gov. Sean Parnell asked the USDA to buy $37 million worth of canned fish under a federal law that allows the .... More »
TD Bank joins RBC in hiking mortgage rates, more banks expected to follow suit Nov 17th
TD Bank has quietly increased its fixed mortgage rates ahead of a similar move by Royal Bank of Canada to take effect Thursday..... More »
The best GIC rates in Canada for 2026 May 19th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Streetwise newsletter: Banks lack controls to prevent customers being misled, watchdog finds; Aecon takeover by Chinese firm could fail over security concerns, analyst says + MORE Mar 21st
Also: U.S. Federal Reserve keeps stress-test clamp on banks amid Dodd-Frank rewrite
.... More »
Interest rate hike could mean trouble for some + MORE Sep 14th
TORONTO – A report by TransUnion says up to one million Canadian borrowers may not be able to absorb the increase in their monthly payments if interest rates rise by one full percentage point.
The company says that while the majority of Canadians will not be materially impacted in the near term by.... More »
Large U.S. banks might have to soon set aside more capital to hedge against potential crises if U.S. legislators approve a proposal to increase the mandatory capital buffer for eight major banks above the international standard of three per cent.
