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
Getting paid in bitcoin: What you need to know Jun 8th
Would you want to be paid in bitcoin? As bitcoin and other cryptocurrencies become more mainstream, your employer might one day give you the option. And if you’re self-employed, you might consider taking payments in crypto—if you can stomach its volatility. Younger generations, in particular, ar.... More »
BMO financing deal with Canopy Growth marks policy shift for Canadian banks Jan 19th
Canopy Growth, Canada's largest licensed pot producer, announced the $175-million deal with BMO and GMP Securities on Wednesday..... More »
Stock markets fall into bear market territory after Mnuchin and Trump stoke worries Dec 25th
Stock markets sold off on Monday after U.S. Treasury Secretary Steven Mnuchin called the heads of six major U.S. banks Sunday in an apparent attempt to reassure jittery financial markets — but ended up only stoking investor fears..... More »
Getting The Most Value From Your Travel Rewards Jul 7th
Canadians are clearly believers when it comes to racking up loyalty rewards points.
Nearly three-quarters of us – 72 per cent to be exact – carry at least one credit card that offers a rewards program, according to recent TD Canada Trust research. For more than eight out of 10 cardholders, loya.... More »
The Best High-Interest Savings Accounts in Canada Mar 11th
In recent years, Canadian banks and credit unions have introduced savings accounts that offer higher rates of interest, in an effort to entice clients to deposit more funds with their respective institutions.
These high-interest savings accounts come with a number of features and benefits, such as b.... More »
The News InternationalWest imposes new Russia sanctions, Putin defiantThe News InternationalKIEV: -The United States and European Union hit Russia with tough new sanctions Friday in a coordinated riposte to Moscow´s "unacceptable behaviour" in Ukraine despite a fragile truce. Moscow responded by accusing its foes of seeking to derail the peace …EU, US Introduce Sanctions on Russia's Largest Banks, Energy and Defense …RIA Novostiall 4,178 news articles »
Your Finances: Fall Back on Track
– ratesupermarket.ca
September is in full swing – but have you blown your budget all the way to the new year? A recent study finds a $500 left-field expense is all it would take to derail 30% of Canadian finances.
The good news? This fall can be your unofficial fresh start. Whether or not you’re a student, read on for ways to spend less and save more.
3 Ways: How to Really Save When You’re a Student
A recent study finds 30% of Canadians couldn’t handle a surprise $500 expense. What can you do to ensure you’re covered financially? High-interest savings are a great basic way to kick start your rainy day fund – especially if you’re a cash-strapped student. Read on to learn more about your options.
Read Andrew’s Blog | How to Really Save When You’re a Student>
5 Golden Rules for Student Credit Card Use
Should college students carry credit cards? An American study finds more millennials are choosing not to have one. This seems responsible – but are they hurting their own credit histories? Read on for the 5 golden rules of student credit card use…
The good news? This fall can be your unofficial fresh start. Whether or not you’re a student, read on for ways to spend less and save more.
3 Ways: How to Really Save When You’re a Student
A recent study finds 30% of Canadians couldn’t handle a surprise $500 expense. What can you do to ensure you’re covered financially? High-interest savings are a great basic way to kick start your rainy day fund – especially if you’re a cash-strapped student. Read on to learn more about your options.
Read Andrew’s Blog | How to Really Save When You’re a Student>
5 Golden Rules for Student Credit Card Use
Should college students carry credit cards? An American study finds more millennials are choosing not to have one. This seems responsible – but are they hurting their own credit histories? Read on for the 5 golden rules of student credit card use…
Analysts see problems with new Argentine law to restructure government debt, sidestep US banks
– canadianbusiness.com
BUENOS AIRES, Argentina – A law designed to restructure Argentina’s debt and sidestep a U.S. court ruling that pushed the government into default could be difficult to apply and worsen the country’s frail economy, analysts say.
Argentina’s congress approved the bill early Thursday and President Cristina Fernandez formally enacted it later in the day, calling it a “historic event.”
The law would let Argentina pay bondholders locally to skirt the U.S. financial system, which is bound by a U.S. court order restricting the South American country’s repayments. The measure also allows creditors abroad to exchange their bonds for new ones not bound by U.S. rules, and it encourages investors to move their Argentine debt from the U.S. to Argentina or France through a debt swap.
The law was backed by governing party lawmakers, but criticized by the opposition and several economic analysts.
“This law will have many difficulties in being applied effectively,” said Matias Carugati of the Buenos Aires-based Management & Fit consultancy…
Argentina’s congress approved the bill early Thursday and President Cristina Fernandez formally enacted it later in the day, calling it a “historic event.”
The law would let Argentina pay bondholders locally to skirt the U.S. financial system, which is bound by a U.S. court order restricting the South American country’s repayments. The measure also allows creditors abroad to exchange their bonds for new ones not bound by U.S. rules, and it encourages investors to move their Argentine debt from the U.S. to Argentina or France through a debt swap.
The law was backed by governing party lawmakers, but criticized by the opposition and several economic analysts.
“This law will have many difficulties in being applied effectively,” said Matias Carugati of the Buenos Aires-based Management & Fit consultancy…
The News InternationalWest imposes new Russia sanctions, Putin defiantThe News InternationalKIEV: -The United States and European Union hit Russia with tough new sanctions Friday in a coordinated riposte to Moscow´s "unacceptable behaviour" in Ukraine despite a fragile truce. Moscow responded by accusing its foes of seeking to derail the peace …EU, US Introduce Sanctions on Russia's Largest Banks, Energy and Defense …RIA Novostiall 4,178 news articles »
