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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Best FHSAs in Canada: Where to get the first home savings account + MORE May 2nd
Canadians can now boost their savings for a down payment on a home with a first home savings account (FHSA). The account, also referred to as the tax-free first home savings account, creates up to $40,000 in tax-free savings room for first-time home buyers. To date, more than 300,000 Canadians have .... More »
BMO credit cards: A breakdown of the bank’s best cards 2021 May 4th
Along with Canada’s other big banks, BMO (Bank of Montreal) offers the stability that stems from a long history as an established institution. BMO was founded in 1817, making it Canada’s oldest incorporated bank, and it’s been the nation’s fourth largest since 2018. Due, in part, to its clos.... More »
Canada Stocks to Watch: Rogers Communications, Black Diamond, Banks + MORE May 26th
Rogers Communications, Black Diamond and big Canadian lenders Scotiabank, BMO and CIBC are some of the stocks we're watching Monday..... More »
The best GIC rates in Canada for 2025 + MORE May 21st
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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CitiBank Cuts Travel Insurance On Credit Cards Jul 4th
Canadians with Citibank cards may enjoy the benefits that come with it, including travel and insurance perks. But as of September 22, 2019, Citibank has announced it is slashing those benefits – particularly the ones associated with travel.
The benefits that will no longer be honored are worldwid.... More »
U.S. banks will be barred in most cases from trading for their own profit under a federal rule approved Tuesday.
Canadian banks’ murky disclosure makes Volcker Rule effect hard to read
– theglobeandmail.com
Financial institutions in Canada do not specifically reveal the extent of their proprietary trading so it is not clear how they will respond to the U.S. regulation
