Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
The Big Five Banks: A Look at the Largest Major Banks in Canada Jan 6th
Canada’s big five banks are among the largest and most respected financial institutions worldwide. And while they dominate the landscape in Canada, their operations extend well beyond our borders. But how big are the Canadian banks, and how do they compare?
In this article, I rank the big five.... More »
Will Canadian HISA ETFs survive the new rule change? Dec 5th
The growth of high-interest savings account (HISA) exchange-traded funds (ETFs) is the story of Canada’s ETF industry in 2023. Money market funds, including HISA ETFs, hoovered up $9.7 billion of investors’ money in the first 10 months of the year, representing 29.1% of the net inflow into Canad.... More »
More Canadians are rethinking their bank. Should you? Jul 22nd
Clinton Begin was growing tired of frequent visits to bank branches and calling into the trading desk to check on various transactions. “There (were) a lot of things that just took too much of my time. I was always phoning, always going to visit them. It was always a big deal,” he recalled.
.... More »
Can Santander take on Canada’s Big Six? Why the global bank may face hurdles + MORE Dec 18th
It’s not every day, or even every decade, that a big foreign bank decides to have a go at Canada’s retail banking market.
But Spain’s Banco Santander—which has already shown an ability to attract customers, with more than 168 million of them worldwide—is poised to be among the few that .... More »
CIBC ranked No. 1 in mobile banking customer service Apr 4th
(Chris So/Toronto Star via Getty Images)
CIBC has come in first in a Canadian ranking of customer service in mobile banking. The bank topped the ranking based on its customizable experience, a feature to enable customers to book meetings and for its fingerprint ID security.
In its 2017 Mobile Bankin.... More »
S&P revises outlook on Canada’s big six banks to negative
– theglobeandmail.com
Follows similar move in June by Moody’s on concern about ‘bail-in’ regime
