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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Canada’s best rewards credit cards for 2023 Jun 17th
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The 10 best rewards credit cards in Canada for 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
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Before It’s Too Late! Best Credit Card Welcome Offers of March 2020 Mar 2nd
New cardmembers can score additional cash back, or points from great welcome offers, and earn that trip or reward that much sooner. But will you actually qualify for that extra 35,000 bonus points? How much extra cash back might you see before the promotion expires? We’ve made it easy for you and.... More »
How to Keep Your Data Secure When You (and Hackers) Live on Social Media Jan 26th
Much like how you wouldn’t share your toothbrush with someone else, the same sentiment should be applied to sensitive information like online passwords, personal identification numbers (PIN), or credit card details. And as there are reportedly more than 2.5 billion active users worldwide on socia.... More »
Tangerine Money-Back Credit Card Review Aug 2nd
Looking to earn cash back on your daily expenditures? Don’t want to pay an annual fee? Enter the Tangerine Money-Back credit card – one of the most popular cash-back credit cards on the market.
Special offer: Apply for a Tangerine Money-Back credit card through RateSupermarket.ca and you’ll r.... More »
Home Capital Group says new mortgage rules have clients migrating from big banks Feb 16th
TORONTO _ Home Capital Group Inc. believes early results from this year suggest that mortgage business may be migrating to the alternative lender after the federal banking regulator introduced tougher rules for uninsured mortgages at the beginning of the year _ even though it too is required to abid.... More »
Battle for China’s mobile Internet shakes up stodgy industries from banking to taxis
– canadianbusiness.com
BEIJING, China – Alibaba, the e-commerce giant planning a blockbuster share sale in the U.S., shook up China’s vast but sleepy retailing industry by popularizing online shopping. Now it and China’s other Internet giants are mounting challenges in areas from banking to broadcasting.
The new wave of change was triggered by the abrupt shift of Chinese Internet users to surfing the Web via smartphones or tablets. Some 81 per cent of China’s 618 million Internet users now go online wirelessly. Companies such as Alibaba that arose in the era of the desktop computer-based Internet are scrambling to roll out mobile-friendly services.
The services Web users flock to are usually privately owned, while they are leaving behind traditional state-owned companies that control many industries. Video websites compete with state TV, online financial services draw deposits away from banks and instant messaging apps take revenue from government-owned phone carriers.
“I try to buy everything online,” said Cao Ying, a 30-year-old software engineer in Shanghai…
The new wave of change was triggered by the abrupt shift of Chinese Internet users to surfing the Web via smartphones or tablets. Some 81 per cent of China’s 618 million Internet users now go online wirelessly. Companies such as Alibaba that arose in the era of the desktop computer-based Internet are scrambling to roll out mobile-friendly services.
The services Web users flock to are usually privately owned, while they are leaving behind traditional state-owned companies that control many industries. Video websites compete with state TV, online financial services draw deposits away from banks and instant messaging apps take revenue from government-owned phone carriers.
“I try to buy everything online,” said Cao Ying, a 30-year-old software engineer in Shanghai…
After freezing service to Russian banks under U.S. sanctions in March, Visa and Mastercard now face a demand for a $3.8 billion US security deposit in Russia, as well as a strict new regulatory regime.
European Central Bank has discussed stimulus, but analysts say any move more likely in June
– canadianbusiness.com
FRANKFURT – A modestly brighter economic outlook has analysts thinking the European Central Bank will probably not deploy more stimulus measures for the 18 countries that use the euro currency.
The bank’s 24-member rate-setting council meets Thursday in Brussels.
Several analysts are saying the bank won’t act before June’s meeting — if at all.
ECB President Mario Draghi says the bank is ready to provide stimulus if things start looking worse. That could include a cut in the bank’s benchmark interest rate from the record low 0.25 per cent, a negative deposit rate for banks, or even bond purchases.
Inflation remains low at 0.7 per cent, a sign of slack. But recent surveys suggest the modest recovery is gaining strength. Unemployment has fallen slightly but still stands at a high 11.9 per cent.
The post European Central Bank has discussed stimulus, but analysts say any move more likely in June appeared first on Canadian Business.
The bank’s 24-member rate-setting council meets Thursday in Brussels.
Several analysts are saying the bank won’t act before June’s meeting — if at all.
ECB President Mario Draghi says the bank is ready to provide stimulus if things start looking worse. That could include a cut in the bank’s benchmark interest rate from the record low 0.25 per cent, a negative deposit rate for banks, or even bond purchases.
Inflation remains low at 0.7 per cent, a sign of slack. But recent surveys suggest the modest recovery is gaining strength. Unemployment has fallen slightly but still stands at a high 11.9 per cent.
The post European Central Bank has discussed stimulus, but analysts say any move more likely in June appeared first on Canadian Business.
