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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The best high-interest savings accounts in Canada for 2023 + MORE Jun 23rd
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The best high-interest savings accounts in Canada for 2023
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Breaking down bank fees Jul 15th
The COVID-19 pandemic has hit a lot of Canadians hard—emotionally, physically and financially. So it isn’t surprising that many are calling out banks that raised their fees to consumers at a time when so many people are struggling. Given the number of banks that have also reported record profits.... More »
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WASHINGTON – In explaining its surprise move Friday to inject more stimulus into the financial system, the Bank of Japan cited one main factor: Prices that are too low.
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Montreal cafe among growing number of businesses turning to crowdfunding
– theglobeandmail.com
Banks wouldn’t offer La Tasse Gamine a loan after it was forced to close twice because of a broken main in front of the shop and a nearby arson attack.
From cafes to comic books, Canadian businesses turn to crowdfunding
– canadianbusiness.com
MONTREAL – It hasn’t been an easy ride for April Defalco and Stacey Bebbington since opening their kid-friendly cafe in 2010.
Six months after launching, La Tasse Gamine suffered flooding damage from a broken water main in front of their shop. They were forced to close for six weeks of repairs.
Then, last summer, after the business above their own was the target of an arson attack, the cafe was once again forced to shut its doors. The renovations — and some insurance wrangling —took eight months.
Now, like a growing number of Canadian entrepreneurs, Defalco and Bebbington are hoping an online fundraising campaign will allow them to keep their business running.
Banks weren’t interested in offering up a loan to a business that had closed several times over the past three years, so they decided to turn directly to their customers, Bebbington said.
La Tasse Gamine is trying to raise $15,000 on the site Gofundme to help pay the rent and staff. So far, it has raised about $3,000…
Six months after launching, La Tasse Gamine suffered flooding damage from a broken water main in front of their shop. They were forced to close for six weeks of repairs.
Then, last summer, after the business above their own was the target of an arson attack, the cafe was once again forced to shut its doors. The renovations — and some insurance wrangling —took eight months.
Now, like a growing number of Canadian entrepreneurs, Defalco and Bebbington are hoping an online fundraising campaign will allow them to keep their business running.
Banks weren’t interested in offering up a loan to a business that had closed several times over the past three years, so they decided to turn directly to their customers, Bebbington said.
La Tasse Gamine is trying to raise $15,000 on the site Gofundme to help pay the rent and staff. So far, it has raised about $3,000…
