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.
Latest News
Engineering a profitable portfolio Apr 19th
Somayaji Ayalasomayajula, 22, Mechanical Engineer, Toronto
I’ve been interested in growing my money since I was 12. At a pretty young age my dad gave me some money and helped me buy a GIC (guaranteed income certificate) with it. I think the aim was to help me see how money grows through interest a.... More »
Will Canadian banks’ blowout profits silence skeptics? Aug 27th
The financial sector is proving to be adept at navigating the obstacles in its way after four major banks reported profits this week
.... More »
Should You Use a Balance Transfer to Help Pay Credit Card Debt? Jan 9th
Many Canadians have high credit card debt. The prospect of paying off those balances can seem overwhelming. So, when a 0% balance transfer offer comes to your attention, it might be tempting. But how does a balance transfer work exactly? It can be an effective way to pay off debt, if used in combin.... More »
Swiss police say they've caught Canada's Vaulter bandit - The Globe and Mail + MORE Sep 16th
The Globe and MailSwiss police say they've caught Canada's Vaulter banditThe Globe and MailCanada's most notorious bank robber, known as the Vaulter, might have had a past life, as someone known in the United States as the Reebok Bandit. For more than five years, a grey-haired man had.... More »
The best GIC rates in Canada for 2025 + MORE Dec 2nd
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Eyeing weakness in Russian economy, West seeks to inflict more pain on Moscow
– canadianbusiness.com
WASHINGTON – Citing Russia’s stalled growth rate and a flow of foreign capital out of Moscow, U.S. and European officials hope a new round of sanctions targeting energy and defence entities, as well as major banks, will deepen Russia’s economic pain even further and force President Vladimir Putin to end provocations in Ukraine.
Roughly 30 per cent of Russia’s banking sector assets are now constrained by U.S. sanctions, Obama administration officials said Tuesday, shortly after announcing new penalties. The sanctions target five of Russia’s six largest state-owned banks and aim to curtail their access to U.S. debt markets.
The West is also halting future sales to lucrative Russian economic sectors, with the U.S. announcing plans to block future technology sales to the oil industry and Europe approving an arms embargo. The Europeans also backed sanctions Tuesday against state-owned banks and the energy sector, though the specific EU targets won’t be made public until later in the week…
Roughly 30 per cent of Russia’s banking sector assets are now constrained by U.S. sanctions, Obama administration officials said Tuesday, shortly after announcing new penalties. The sanctions target five of Russia’s six largest state-owned banks and aim to curtail their access to U.S. debt markets.
The West is also halting future sales to lucrative Russian economic sectors, with the U.S. announcing plans to block future technology sales to the oil industry and Europe approving an arms embargo. The Europeans also backed sanctions Tuesday against state-owned banks and the energy sector, though the specific EU targets won’t be made public until later in the week…
