Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Market outlook: Stock prices have started rising—will the good vibes last? + MORE Aug 26th
Is the investment climate shifting and becoming more positive? The short answer: In my view, it’s a good possibility—even a likely one.
In mid-July, I started to think the markets were turning a corner. At that time, companies were just beginning to report second-quarter earnings. While.... More »
The best credit cards in Canada for 2023 Dec 7th
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The best 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.
Find my perfect card*
.... More »
Find the best mortgage rates in Canada Feb 5th
Mortgage rate comparison tool
Shopping around for the best rate can save you thousands on your mortgage. To instantly compare rate types and terms, click on the filters icon beside the down payment percentage in the Ratehub mortgage rate finder below. Input your location, the price of the home yo.... More »
Shares in troubled Italian bank jump on rescue deal Aug 1st
MILAN – Shares in troubled Italian bank Monte dei Paschi di Siena have jumped as investors cheer a rescue deal from private investors that means the bank will not be nationalized.
Monte dei Paschi was by far the worst performer in stress tests of 51 European banks but sought to head off any sp.... 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 »
Could ‘CoCos’ be a short-sellers dream?
– theglobeandmail.com
They’re meant to give banks a cushion, but some contingent-capital bonds could incentivize short-sellers
Why I Switched Banks for my TFSA and Home Insurance
– ratesupermarket.ca
Switching banks can be a pain – but in my experience, it’s often worth the effort. In fact, I’ve had the pleasure of changing financial institutions a few times over my lifetime. Most recently, I moved my Tax-Free Savings Account (TFSA) and my home insurance to new lenders.
There were a few reasons why I decided to jump ship – here’s what I learned from the experience.
Not Taking Low-Earning Interest for an Answer
Originally, I housed my TFSA with Ally Bank – and I was a big fan. They offered competitive rates for savings accounts and TFSAs (one of the highest in Canada at 1.8 per cent), had great customer service and their TV commercials were hilarious. When I heard RBC had acquired Ally Bank my response was lukewarm; I was afraid RBC would change Ally Bank – and my worries were well founded, as they went a step further and shut it down entirely!
As a bank account holder I was given the choice of transferring my money to RBC’s low-interest savings account (offering 1…
There were a few reasons why I decided to jump ship – here’s what I learned from the experience.
Not Taking Low-Earning Interest for an Answer
Originally, I housed my TFSA with Ally Bank – and I was a big fan. They offered competitive rates for savings accounts and TFSAs (one of the highest in Canada at 1.8 per cent), had great customer service and their TV commercials were hilarious. When I heard RBC had acquired Ally Bank my response was lukewarm; I was afraid RBC would change Ally Bank – and my worries were well founded, as they went a step further and shut it down entirely!
As a bank account holder I was given the choice of transferring my money to RBC’s low-interest savings account (offering 1…
Would You Switch Banks? Take the Survey to WIN $500!
– ratesupermarket.ca
In the world of personal finance, loyalty doesn’t always pay off. Many Canadians have banked with their primary lender for years, but may not be getting the best interest rates, fees or savings from their products or services. Would you make the switch? We want to hear from you!
Share your take in the survey below – and you’ll be automatically entered to WIN a $500 cash grand prize!
Share your take in the survey below – and you’ll be automatically entered to WIN a $500 cash grand prize!
PLUS: Share your results on Facebook and Twitter for even more chances to WIN!
Hurry – this survey is open until Friday, August 8!
The post Would You Switch Banks? Take the Survey to WIN $500! appeared first on RateSupermarket.ca Blog.
Would You Switch Banks? Take the Survey to WIN $500!
– ratesupermarket.ca
In the world of personal finance, loyalty doesn’t always pay off. Many Canadians have banked with their primary lender for years, but may not be getting the best interest rates, fees or savings from their products or services. Would you make the switch? We want to hear from you!
Share your take in the survey below – and you’ll be automatically entered to WIN a $500 cash grand prize!
Share your take in the survey below – and you’ll be automatically entered to WIN a $500 cash grand prize!
PLUS: Share your results on Facebook and Twitter for even more chances to WIN!
Hurry – this survey is open until Friday, August 8!
The post Would You Switch Banks? Take the Survey to WIN $500! appeared first on RateSupermarket.ca Blog.
World shares subdued despite China manufacturing as reports say EU mulls new Russia sanctions
– canadianbusiness.com
TOKYO – World shares were rattled Thursday by reports the European Union is weighing stiffer financial sanctions against Russia.
A further pickup in China’s manufacturing in July failed to lift markets which have been unnerved the past week by Israel’s invasion of Gaza and the shooting down of a civilian jetliner over a part of eastern Ukraine controlled by pro-Russian separatists.
The Financial Times said EU diplomats are considering new sanctions against Russia, including a proposal to ban Europeans from purchasing new debt or stock issued by Russia’s largest banks. The report cited a memo prepared by the European Commission. The downing of the Malaysia Airlines jet, killing all 298 people on board, as heightened tensions between Russia and the West.
European markets opened lower, with Britain’s FTSE 100 slipping 0.4 per cent to 6,774.13. France’s CAC 40 dropped 0.5 per cent to 4,356 and Germany’s DAX shed 0.6 per cent to 9,697.87.
Wall Street appeared poised for losses…
A further pickup in China’s manufacturing in July failed to lift markets which have been unnerved the past week by Israel’s invasion of Gaza and the shooting down of a civilian jetliner over a part of eastern Ukraine controlled by pro-Russian separatists.
The Financial Times said EU diplomats are considering new sanctions against Russia, including a proposal to ban Europeans from purchasing new debt or stock issued by Russia’s largest banks. The report cited a memo prepared by the European Commission. The downing of the Malaysia Airlines jet, killing all 298 people on board, as heightened tensions between Russia and the West.
European markets opened lower, with Britain’s FTSE 100 slipping 0.4 per cent to 6,774.13. France’s CAC 40 dropped 0.5 per cent to 4,356 and Germany’s DAX shed 0.6 per cent to 9,697.87.
Wall Street appeared poised for losses…
