Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Canada’s big banks expected to report modest gains in earnings + MORE Nov 28th
The country’s stumbling energy sector, weak dollar and housing regulations all contributed to less-than-stellar outlook
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Moody’s warns Canadian consumers over record household-debt levels Aug 24th
Agency says card-loan performance in Alberta, Saskatchewan will be ‘illustrative first test’ of continuing strength of banks’ Canadian credit-card portfolios
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Big banks watch closely as Laurentian shutters branches Oct 1st
As business shifts away from bricks-and-mortar institutions to online banking, smaller lender announces major change
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The best Visa credit cards in Canada for 2024 Jan 26th
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The best Visa credit cards in Canada for 2024
This guide to the best Visa cards in Canada will help you narrow down the field and find a credit card that fits your lifestyle.
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A New Season for Savings + MORE Apr 8th
Have you given your wallet its spring cleaning? With plenty of deals – and new rewards – available this month, it’s a great time to swap out stale finance products for higher earning options. Get started with our review of an exciting new cash back credit card option, and check out wh.... More »
Bank of Canada Spring Review 2014: Loonies and Toonies in High Demand
– ratesupermarket.ca
This week, the Bank of Canada released its Spring Review of the Canadian Economy, outlining the top concerns facing our nation’s economic growth. This edition highlights how our current economic situation is strong – which has lead to foreign central banks to stock up on our Loonies and Toonies.
Here’s our breakdown of other highlights from the report:
Labour Market Recovery – The Numbers Aren’t Clear
In the review, the BoC calls to task the incomplete data on which employment numbers are based, stating labour recovery in Canada has been “moderately” overstated while in the U.S. the recovery has been “significantly” overstated. It stresses that a broad range of factors should be considered when assessing the state of the labour market – not just the rate of unemployment.
The Canadian Dollar as a Reserve Currency
Until the financial crisis in 2007 the five most common reserve currencies held by foreign central banks were the U.S. Dollar, Swiss Franc, Euro, Japanese Yen and British Pound…
Bank of Canada Spring Review 2014: Loonies and Toonies in High Demand
– ratesupermarket.ca
This week, the Bank of Canada released its Spring Review of the Canadian Economy, outlining the top concerns facing our nation’s economic growth. This edition highlights how our current economic situation is strong – which has lead to foreign central banks to stock up on our Loonies and Toonies.
Here’s our breakdown of other highlights from the report:
Labour Market Recovery – The Numbers Aren’t Clear
In the review, the BoC calls to task the incomplete data on which employment numbers are based, stating labour recovery in Canada has been “moderately” overstated while in the U.S. the recovery has been “significantly” overstated. It stresses that a broad range of factors should be considered when assessing the state of the labour market – not just the rate of unemployment.
The Canadian Dollar as a Reserve Currency
Until the financial crisis in 2007 the five most common reserve currencies held by foreign central banks were the U.S. Dollar, Swiss Franc, Euro, Japanese Yen and British Pound…
