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
A Look At Shadow Banking In China + MORE Mar 20th
The term Shadow Banking can evoke ideas of an elusive, secretive method for money to be exchanged. It actually is the opposite and really represents a large part of global banking.
Shadow banking is a method used to provide money to businesses that are unable to get a loan from a traditional bank.
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The 6 best cities to buy a rental property + MORE Mar 11th
Market appreciation, cap rates, quality of tenants, job growth, these are just a few of the factors that goes into determining whether or not a rental property is a good investment. Perhaps the most important measure—especially for new or smaller landlords—is cash flow. Based on the analysis fr.... More »
Best No-Fee Bank Accounts in Canada + MORE Oct 6th
Tired of paying monthly fees when you bank? If so, you may want to consider switching to a no-fee bank account. Unfortunately, Canada’s big banks offer little in the way of free chequing accounts, unless you can maintain a high balance in your account each month.
If you’re willing to con.... More »
Credit card fees 'civil conspiracy', class action lawsuit says + MORE Mar 28th
A class action lawsuit alleging Canada's major banks and credit card companies are engaged in a "civil conspiracy" involving credit card fees, has been certified by the B.C. Supreme Court..... More »
Battle for China’s mobile Internet shakes up stodgy industries from banking to taxis + MORE May 8th
BEIJING, China – Alibaba, the e-commerce giant planning a blockbuster share sale in the U.S., shook up China’s vast but sleepy retailing industry by popularizing online shopping. Now it and China’s other Internet giants are mounting challenges in areas from banking to broadcasting..... More »
Canadian Banks Rank Higher Customer Satisfaction, With Caveats
– blogs.wsj.com
Customer satisfaction was higher this year for Canada’s banks–but so was the perception that they are profit-driven, not customer-focused and lagging in innovation.
