Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
BMO reintroduces 2.99% 5-year, fixed rate mortgage Sep 10th
Image courtesy of Stuart Miles / FreeDigitalPhotos.net
TORONTO – The Bank of Montreal has slashed its five-year, fixed mortgage rate to 2.99 per cent, a level that had previously raised concerns about it leading to an overheated housing market.
The bank (TSX:BMO) says it will offer the new rate un.... More »
Making sense of the markets this week: June 2, 2024 May 31st
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
RBC and National Bank continue to lead the pack
Canadian banks continue to prepare for worst-case scenarios with in.... 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 »
Big banks announce layoffs and more bad loans as TD, Royal and CIBC post quarterly results - CBC News + MORE Nov 30th
Big banks announce layoffs and more bad loans as TD, Royal and CIBC post quarterly results CBC NewsIgnore the noise, buy Canadian banks: portfolio manager BNN BloombergBank earnings: Expert reaction as CIBC, RBC, TD report results BNN BloombergA breakdown of the big .... More »
When a bank’s not a bank: How fintech—and neobanks in particular—are transforming banking in Canada + MORE Jan 19th
Neobanks and challenger banks are fintech (financial technology) firms that offer banking services, usually online only. These digital upstarts offer alternatives to the mainstream banking products and services we’re accustomed to.
The Canadian banking system is known worldwide for its strength.... More »
3 Ways To Pay Less At The Grocery Store
– ratesupermarket.ca
Is there a summer tradition more beloved than the “Great Canadian Barbecue”? After all, we only have a scant three to four months to enjoy our outdoor culinary pursuits. However, backyard chefs across the nation will find they’re paying more for their burgers, chops and steaks this year.
Meat prices have skyrocketed in Canada over the past 12 months, with retail prices shooting up 12 per cent for ground beef and steaks, and up to 16 per cent for pork chops, according to Stats Canada. Declining beef supply and a rampant virus affecting pigs are to blame for the price increases, which have far outstripped the lagging rate of inflation.
What can Canadian families do to counter these rising costs? Check out our top tips for saving at the grocery store:
Meat prices have skyrocketed in Canada over the past 12 months, with retail prices shooting up 12 per cent for ground beef and steaks, and up to 16 per cent for pork chops, according to Stats Canada. Declining beef supply and a rampant virus affecting pigs are to blame for the price increases, which have far outstripped the lagging rate of inflation.
What can Canadian families do to counter these rising costs? Check out our top tips for saving at the grocery store:
Tip 1: Get a Big Point Payoff at the Checkout
One of the quickest ways to gain extra value is with some savvy credit card use. A cash back option that earns rewards on daily purchases such as gas and groceries offers the greatest flexibility; why not score extra cash on the purchases you’re making anyway?
Our pick: The MBNA Smart Cash MasterCard® Credit Card has up to 5% cash back on all of your eligible gas and grocery purchases for the first 6 months‡ (it earns up to 2% after this initial period on eligible purchases, and 1% on everything else)…
