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Declined for a much-needed loan or credit card? There are other options Sep 21st
Unlike the major banks and payday lenders in Canada, the alternative lending market is less directly regulated, and that can expose consumers to greater risks when borrowing, Lesley-Anne Scorgie writes..... More »
Greek banks reopen as Tsipras eyes return to normal - Reuters Canada + MORE Jul 20th
Reuters CanadaGreek banks reopen as Tsipras eyes return to normalReuters CanadaATHENS (Reuters) - Greeks queued outside banks on Monday as they reopened three weeks after closing to stop the system collapsing under a flood of withdrawals, the first cautious sign of a return to normal after a deal to.... More »
The best high-interest savings accounts in Canada for 2024 May 3rd
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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.
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Romanians protest repayments for Swiss franc loans, blame the banks, urge new laws + MORE Jan 25th
BUCHAREST, Romania – Hundreds of people have protested in Romania against high repayments for Swiss franc loans, blaming the banks for offering deceptively cheap loans and calling on the government to regulate hard currency loans.
“The bank tricked us!” yelled up to 1,000 demonstra.... More »
Can You Afford to be a Single-Income Family? Jan 27th
According to recent RateSupermarket research, roughly half of Canadians admit to changing their minds about their desired family size due to the associated costs.
They may be on to something. As authors Elizabeth Warren and Amelia Tyagi note in their book, The Two-Income Trap: Why Middle-Class Moth.... More »
US weighs more sanctions on Moscow as tanks cross into Ukraine from Russia
– canadianbusiness.com
WASHINGTON – With Russian tanks apparently crossing into southeastern Ukraine, President Barack Obama is suggesting the possibility of more sanctions on Russia.
The sanctions imposed so far have not deterred Russia, but uncertainty over their long-term impact has caused economic growth forecasts to plummet, prompted investors to pull money out of the country at almost twice the pace as last year and forced its central bank to raise rates to defend the Russian currency.
Russian stock markets dived on Thursday as Switzerland joined the European Union in imposing restrictions on Russian state banks and fears grew that the U.S. and EU could impose further sanctions on Russian businesses and individuals.
Obama said that sanctions already announced have had some impact, yet he conceded that they have not forced Russia to resolve the crisis diplomatically. “I think there are ways for us to deepen and expand the scope of some of that work,” he said.
A look at sanctions the U.S…
The sanctions imposed so far have not deterred Russia, but uncertainty over their long-term impact has caused economic growth forecasts to plummet, prompted investors to pull money out of the country at almost twice the pace as last year and forced its central bank to raise rates to defend the Russian currency.
Russian stock markets dived on Thursday as Switzerland joined the European Union in imposing restrictions on Russian state banks and fears grew that the U.S. and EU could impose further sanctions on Russian businesses and individuals.
Obama said that sanctions already announced have had some impact, yet he conceded that they have not forced Russia to resolve the crisis diplomatically. “I think there are ways for us to deepen and expand the scope of some of that work,” he said.
A look at sanctions the U.S…
Canadian banks TD and CIBC, plus Intact Financial, Stantec and Crew Energy are on our stocks-to-watch list Thursday.
Fat Capital Levels the New Norm for Canada’s Big Banks
– blogs.wsj.com
Canada’s “Big Five” lenders are under increasing pressure from regulators to maintain extra-plump capital cushions.
