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.
Latest News
Ex-Performance Sports chairman may bid for hockey gear maker Aug 24th
Graeme Roustan says he has hired investment banks Jefferies Group and Canaccord Genuity to explore a possible bid for the troubled maker of hockey gear
.... More »
How to get a mortgage (when you’re not the ideal borrower) + MORE Jul 25th
(Getty Images)
If you’re a credit-worthy employee at a Fortune 500 company and don’t have much debt, the mortgage world is your oyster. Banks knock on your door looking to give you the best rates, most advantageous terms and any other perks they can use to get your business. You’re an A.... More »
Credit Card Interchange Fees Changes Announced + MORE Nov 4th
UPDATE: Visa and MasterCard have announced their proposals to reduce merchant interchange fees to an average of 1.5 per cent. Together, the two proposals will equal a 10 per cent reduction in processing fees for merchants. Canadian Minister of Finance, Joe Oliver, stated he was pleased with the act.... More »
Economists slash growth forecasts in meeting with Morneau Feb 13th
The average 2016 growth forecast among Canada’s big banks is just 1.2 per cent, far short of the 2-per-cent consensus in the November update
.... More »
How Can You Get a Credit Card if You Have No Credit History? May 7th
Young Gen Z Canadians, ages 20 to 24, are leading the country in credit adoption, but many of them are experiencing barriers to getting credit cards, primarily because they have no credit history. Newcomers to Canada also lack Canadian credit history. What should young Canadians or recent immigrant.... More »
Ryan: Let Big Banks Fail
– online.wsj.com
Morning Editorial Report: The House budget chief says it’s time to bring back bankruptcy.
