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.
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CIBC ranked No. 1 in mobile banking customer service Apr 4th
(Chris So/Toronto Star via Getty Images)
CIBC has come in first in a Canadian ranking of customer service in mobile banking. The bank topped the ranking based on its customizable experience, a feature to enable customers to book meetings and for its fingerprint ID security.
In its 2017 Mobile Bankin.... More »
Find the best credit cards without impacting your score May 24th
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The best 5-year fixed mortgage rates in Canada May 26th
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The best 5-year fixed mortgage rates in Canada
You’re 2 minutes away from getting the best mortgage rates in Canada. Just answer a few quick questions to get a personalized rate quote.
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The best low-interest credit cards in Canada for 2024 + MORE Sep 4th
Credit card interest rates aren’t all the same. If you carry a balance, or if you expect to take on debt that will take some time to pay off, you might want to consider a low-interest credit card. The savings could be substantial: while most regular credit cards charge around 20% in interest, the .... More »
Canada’s Best Discount Brokerages 2015 May 12th
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If you’ve ever assembled a piece of furniture you’ve probably used one of those all-in-one screwdrivers. You know, the kind that comes with a dozen different bits to fit every kind of screw, bolt and fastener. Sure, this little tool seems convenient, and it will get .... More »
What is the Volcker Rule?
– ratesupermarket.ca
This April, the U.S. financial sector will be subjected to an extensive set of new regulations that will aim to avoid a major economic meltdown like the world witnessed in 2008. Called the Volcker Rule, it is the centerpiece of the larger Dodd-Frank financial reform law.
All of these new rules and reforms hope to make the financial industry more transparent and take away U.S. banks’ ability to participate in high-risk investments. The rule aims to separate the activity of banks and hedge funds, a line that had become blurred during the run up to the financial crisis. Here’s what the rule means going forward.
What Is The Dodd- Frank Financial Reform?
As mentioned, the Volcker Rule is part of a larger Act called, Dodd-Frank Wall Street Reform and Consumer Protection Act. It’s a long title but simply put, it lays out changes that the U.S. government felt were necessary after the 2008 financial crisis brought the global economy to a standstill. The major reason for the crisis was a dramatic slide in home prices across the U…
What is the Volcker Rule?
– ratesupermarket.ca
This April, the U.S. financial sector will be subjected to an extensive set of new regulations that will aim to avoid a major economic meltdown like the world witnessed in 2008. Called the Volcker Rule, it is the centerpiece of the larger Dodd-Frank financial reform law.
All of these new rules and reforms hope to make the financial industry more transparent and take away U.S. banks’ ability to participate in high-risk investments. The rule aims to separate the activity of banks and hedge funds, a line that had become blurred during the run up to the financial crisis. Here’s what the rule means going forward.
What Is The Dodd- Frank Financial Reform?
As mentioned, the Volcker Rule is part of a larger Act called, Dodd-Frank Wall Street Reform and Consumer Protection Act. It’s a long title but simply put, it lays out changes that the U.S. government felt were necessary after the 2008 financial crisis brought the global economy to a standstill. The major reason for the crisis was a dramatic slide in home prices across the U…
