Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
One of the last men out of Fort McMurray May 6th
Roy Powell of Fort McMurray arrives at the Bold Centre in Lac La Biche, AB after being evacuated from fires that have taken over northern Alberta on Wednesday, May 04, 2016 . (Photograph by Chris Bolin)
The afternoon after an entire city of more than 80,000 people cleared out, Fort McMurray reeked o.... 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 »
Making sense of the markets this week: April 2, 2023 Mar 31st
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
Freeland fires again at Canadian Banks
There are several big-picture looks at the important aspects of the Canadian federal budget .... More »
How to invest in cryptocurrency (without losing your shirt) Jan 29th
I have until now not written about the ongoing cryptocurrency boom—but, given the spectacular rise of bitcoin in the last few months, and last week’s subsequent correction, decided it was time.
Upfront, I should disclose I personally started to dabble in this asset class for the first time in th.... More »
Bay Street banking analyst Routledge heads to Ottawa for finance role Jan 9th
Peter Routledge, who covers financial-services companies including banks and insurers for National Bank Financial, is leaving the investment bank and moving to Ottawa to start a new role in the public service in February
.... More »
Changes to Canada’s Financial Landscape
– ratesupermarket.ca
From credit cards to your mortgage rate, there may be impending changes for your financial products this year – and the price of oil may be largely to blame. While the effects may be positive for some (cheaper gas and lower home prices are certainly reason to smile), the Bank of Canada warns the long-term consequences of low oil won’t be so cheery.
Meanwhile, credit card holders could see a cut to their reward earning potential, as new fee caps are slated to take hold this spring.
Interchange Fee Cut: A New Reality For Your Credit Card Rewards?
Visa and MasterCard will be capping interchange fees, which merchants pay on every card transaction, this coming April. It’s great news for retailers – but could slimmer profits for banks mean you’ll earn fewer rewards with your favourite credit card?
Read on to get the full story.
Read Penelope’s Blog | A New Reality For Your Credit Card Rewards?
Is Online Credit Card Use Still Safe?
With several retailer data breaches making headlines, it’s no wonder consumers are feeling wary about using their credit cards online…
Changes to Canada’s Financial Landscape
– ratesupermarket.ca
From credit cards to your mortgage rate, there may be impending changes for your financial products this year – and the price of oil may be largely to blame. While the effects may be positive for some (cheaper gas and lower home prices are certainly reason to smile), the Bank of Canada warns the long-term consequences of low oil won’t be so cheery.
Meanwhile, credit card holders could see a cut to their reward earning potential, as new fee caps are slated to take hold this spring.
Interchange Fee Cut: A New Reality For Your Credit Card Rewards?
Visa and MasterCard will be capping interchange fees, which merchants pay on every card transaction, this coming April. It’s great news for retailers – but could slimmer profits for banks mean you’ll earn fewer rewards with your favourite credit card?
Read on to get the full story.
Read Penelope’s Blog | A New Reality For Your Credit Card Rewards?
Is Online Credit Card Use Still Safe?
With several retailer data breaches making headlines, it’s no wonder consumers are feeling wary about using their credit cards online…
