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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The best 5-year fixed mortgage rates in Canada Jun 8th
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The best 5-year fixed mortgage rates in Canada
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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 »
Britain’s top 10 U.K. banks may pay $9.2-billion a year in tax: study + MORE Sep 7th
The study conducted by accounting firm EY, said that a new surcharge on profits to be introduced by the British government will occur before an existing levy is phased out, which would hit some banks hard
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The best GIC rates in Canada for 2025 Dec 22nd
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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The best GIC rates in Canada for 2024 Oct 16th
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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MoneySense is an award-winning magazine, helping Canadians navigat.... More »
Deadline approaching for Detroit retirees, other creditors vote on bankruptcy restructuring
– canadianbusiness.com
DETROIT – The most anticipated vote in Detroit this summer isn’t for a city office.
Instead, ballots due by Friday from city retirees could determine how quickly Detroit exits its historic bankruptcy and how much of the financial weight pensioners will bear.
Non-uniformed retirees are being asked to take a 4.5 per cent pension cut and no cost-of-living allowances. Police and fire retirees are faced with reduced cost-of-living payments.
Their pension boards have joined Gov. Rick Snyder and state-appointed emergency manager Kevyn Orr in seeking “yes” votes on the plan.
Voting “no” could result in deeper cuts for the city’s 32,000 retirees and current and former city workers.
All classes of creditors, including banks and bond insurers, also must vote by Friday on the aspects of Orr’s debt restructuring plan that affects them.
The post Deadline approaching for Detroit retirees, other creditors vote on bankruptcy restructuring appeared first on Canadian Business.
Instead, ballots due by Friday from city retirees could determine how quickly Detroit exits its historic bankruptcy and how much of the financial weight pensioners will bear.
Non-uniformed retirees are being asked to take a 4.5 per cent pension cut and no cost-of-living allowances. Police and fire retirees are faced with reduced cost-of-living payments.
Their pension boards have joined Gov. Rick Snyder and state-appointed emergency manager Kevyn Orr in seeking “yes” votes on the plan.
Voting “no” could result in deeper cuts for the city’s 32,000 retirees and current and former city workers.
All classes of creditors, including banks and bond insurers, also must vote by Friday on the aspects of Orr’s debt restructuring plan that affects them.
The post Deadline approaching for Detroit retirees, other creditors vote on bankruptcy restructuring appeared first on Canadian Business.
