Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
3 Reasons Why You Need to Get a New Credit Card Before Black Friday Oct 16th
The right credit card can help protect you from online fraud, shoddy deals, and, of course, save you cash.
It feels like fall has only started, yet department stores are already reminding you that the holidays are right around the corner. And deal-happy Canadians are already setting their sigh.... More »
Think You Have Sufficient Travel Insurance? Think Again + MORE Jan 27th
Despite the weak Canadian dollar, winter-weary snowbirds and March breakers are still heading south for vacation. If you’re one of these people, you probably understand that you need to pack more than just sunscreen for protection. Even if your travel budget is tight, spending a bit extra on .... More »
Banks unite to donate $1M to help support Syrian refugees arriving in Canada + MORE Dec 7th
TORONTO – Canada’s five biggest banks say they’ll collectively donate $1 million to the Canadian Red Cross to support Syrian refugees arriving in Canada.
BMO Financial Group, CIBC, Royal Bank of Canada, Scotiabank and TD Bank Group say customers can also make donations to the Canad.... More »
Complaints against banks are on the rise. This is why + MORE Mar 14th
In the last year couple of years, complaints to third-party agencies that investigate disputes between banks and their clients have risen significantly
.... More »
Knowing Your Debts and Planning for Payments Post-Relief Efforts + MORE Jun 12th
The COVID-19 pandemic has changed many Canadians’ way of life. Unfortunately, some have lost their jobs or are working on reduced hours and, in turn, have had to rely on government support or their savings to help make ends meet.
According to the federal government’s 2019 Canadian Financial Cap.... More »
Wall Street banks are eyeing a nascent market that improves their public image at a low risk and still offers them a reasonable return on capital.
Will Bank of Canada’s Poloz Pull a Draghi?
– blogs.wsj.com
The central banks of Canada and Europe have shocked markets in recent weeks. Last month, the Bank of Canada abandoned its long-standing rate-hike signal. Whether it will follow the Mario Draghi-led European Central Bank and cut rates depends on how inflation pans out.
Gail Vaz-Oxlade Credit Free Fridays To Help Consumers Tackle Debt
– ratesupermarket.ca
From the world of public health came Meatless Mondays. Instagram brought us Throwback Thursdays. Now from the Canadian Federation of Independent Business (CFIB) and Canadian financial guru and author Gail Vaz-Oxlade comes Credit Free Fridays.
Here’s how it works: Canadians put away their credit cards on Fridays, choosing to pay with cash or debit instead. The small action gives small businesses a break, plus it encourages Canadian to spend smartly. The initiative was launched on November 8 at Wanda’s Pie in the Sky, a bakery in Toronto’s Kensington Market.
How Credit Cards Impact Small Business
The impact of using credit is mainly considered a consumer issue. However, it’s a little-known fact that businesses are charged high fees by credit card companies and banks for accepting credit cards as forms of payment. For small businesses, the charges can be particularly difficult to manage.
“Small businesses are finding it increasingly challenging to absorb the high fees they are charged by the credit card companies and banks,” said Dan Kelly, CFIB president, in a press release…
Gail Vaz-Oxlade Credit Free Fridays To Help Consumers Tackle Debt
– ratesupermarket.ca
From the world of public health came Meatless Mondays. Instagram brought us Throwback Thursdays. Now from the Canadian Federation of Independent Business (CFIB) and Canadian financial guru and author Gail Vaz-Oxlade comes Credit Free Fridays.
Here’s how it works: Canadians put away their credit cards on Fridays, choosing to pay with cash or debit instead. The small action gives small businesses a break, plus it encourages Canadian to spend smartly. The initiative was launched on November 8 at Wanda’s Pie in the Sky, a bakery in Toronto’s Kensington Market.
How Credit Cards Impact Small Business
The impact of using credit is mainly considered a consumer issue. However, it’s a little-known fact that businesses are charged high fees by credit card companies and banks for accepting credit cards as forms of payment. For small businesses, the charges can be particularly difficult to manage.
“Small businesses are finding it increasingly challenging to absorb the high fees they are charged by the credit card companies and banks,” said Dan Kelly, CFIB president, in a press release…
