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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U.S. appeals court restores lawsuit naming RBC that alleges Libor interest rate manipulation + MORE Feb 23rd
Charles Schwab Corp. and several of its mutual funds allege banks, including JP Morgan Chase and Citibank, artificially suppressed the Libor rate between August 2007 and May 2010..... More »
The best GIC rates in Canada for 2025 Dec 22nd
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.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Why some people in Quebec are cutting up their cash + MORE Sep 4th
Martin Zibeau has about $100 worth of Canadian money in his wallet, except all of the bills have been cut in two. He can’t use any of the half-sized tender at big-box stores, nor can he deposit them in his bank account. And that’s exactly the point.
On the Gaspé Peninsula in eastern Quebec, a.... More »
China’s biggest Bitcoin exchange says yuan deposits no longer accepted Dec 18th
HONG KONG – The biggest Bitcoin exchange in China says it’s no longer accepting yuan deposits, dealing another setback to the virtual currency.
BTC China made the announcement in a notice on its Twitter-like Sina Weibo account on Wednesday.
The announcement comes two weeks after China.... More »
Why Homeowners Should Care About Higher Fees for MBS + MORE Dec 18th
On December 1, 2014, the Canada Mortgage and Housing Corporation (CMHC) told the nation’s lenders that they would be raising the fees it charges for guaranteeing mortgage-backed securities (MBS). But you don’t own a bank, so why should you care? Well, it will likely mean higher borrowing costs .... More »
INFOGRAPHIC: How To Cut Your Gas Bill By $100
– ratesupermarket.ca
Hitting the open highway for a cross-province road trip may not be as cost effective as frugal travelers think. Price gouging gas stations, sky high insurance premiums and unexpected vehicle wear and tear can put any vacationer’s wallet to work!
Looking to cut down on your car expenses? Check out our handy infographic, the latest edition to the RateSupermarket.ca Cost Of series. Whether you’re headed across the country, or just commuting nine to five, you can save with these on-the-road money management tips.
Pro tip: Paying for fuel is an ongoing expense. If you’re using plastic at the pump, make sure your credit card has competitive gas rewards or cash back. Our fave: The MBNA Smart Cash® MasterCard® Credit Card. Not only does this card earn up to 5% cash back on gas and groceries for the first six months (two per cent after that), but you’ll also score a FREE $100 gift card from RateSupermarket.ca if approved, until August 31. Save even more on your driving costs – compare to find the best car insurance premiums today!
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