Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
CMHC plays catch-up with vaguely alarming house price warning: Don Pittis Oct 27th
Over the last few years as Canadian house prices rose and rose, the world's big banks have warned a bubble was forming. Now that CMHC's adds its own warning, will anyone listen?.... More »
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 »
Scotiabank, BMO paint optimistic pictures in face of declining profit for capital-markets arms + MORE Feb 27th
Both banks see year-over-year declines in January net income
.... More »
Even Deutsche Bank is getting out of Russia - CNN + MORE Mar 12th
Even Deutsche Bank is getting out of Russia CNNDeutsche Bank faces criticism for remaining in Russia as others cut off links The Globe and MailDeutsche Bank refuses to pull all its Russia business CNBC TelevisionAll the Ways Banks Can Get Hit by Putin's War &nbs.... More »
Business Highlights + MORE Oct 26th
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Some buyers call classes by ‘Flip or Flop’ stars misleading
NEW YORK (AP) — HGTV “Flip or Flop” stars Tarek and Christina El Moussa are capitalizing on their fame by offering pricy classes that promise to teach people how to flip homes for profit. But some participants .... More »
Back-to-Budget Season
– ratesupermarket.ca
Back-to-school season is upon us, and families everywhere are likely feeling the post-shopping pinch. Some good news then, for those who’ve racked up the credit card or taken out a student loan – borrowing costs in Canada won’t be going anywhere in the short term, according to this week’s Bank of Canada announcement.
Get the full story – along with our forecast for this month’s mortgage rates – below, along with the week’s top headlines.
September Mortgage Rates Get a D for Discount
Applying for a mortgage this month? You’re in luck – RateSupermarket.ca’s expert Mortgage Rate Outlook Panel calls for summer’s steep discounts to continue through September. Read on for their full forecast for fixed and variable mortgage rates.
Read Penelope’s Blog | September Mortgage Rates Get a D for Discount
Bank of Canada September 2014 Rate Announcement: No Change… Again
The Bank of Canada released their latest rate announcement this week and – shocker – made no change to the trendsetting Overnight Lending Rate…
Get the full story – along with our forecast for this month’s mortgage rates – below, along with the week’s top headlines.
September Mortgage Rates Get a D for Discount
Applying for a mortgage this month? You’re in luck – RateSupermarket.ca’s expert Mortgage Rate Outlook Panel calls for summer’s steep discounts to continue through September. Read on for their full forecast for fixed and variable mortgage rates.
Read Penelope’s Blog | September Mortgage Rates Get a D for Discount
Bank of Canada September 2014 Rate Announcement: No Change… Again
The Bank of Canada released their latest rate announcement this week and – shocker – made no change to the trendsetting Overnight Lending Rate…
