The “Big Five” Canadian banks include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Are there other viable options?
Latest News
China inflation up 1.9 per cent in June, slowest in 6 months Jul 10th
BEIJING, China – Chinese government data showed consumer prices in June rose at the slowest pace in six months, suggesting the world’s second-largest economy is still experiencing weak consumer demand amid a broad downturn.
The National Bureau of Statistics said Sunday China’s cons.... More »
Making sense of the markets this week: April 5, 2021 Apr 5th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Serious concerns over the Canadian housing bubble
BMO has sounded the alarm with strong warnings about what many are calling a housing bubble in Canada. In fact, it’s on fir.... More »
The best 5-year fixed mortgage rates in Canada Mar 22nd
Mortgage rate comparison tool
Customize the filters to compare rate types and terms.
powered by
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance .... More »
Should You Accept That Pre-Approved Credit Limit Increase? + MORE Jul 5th
If you faithfully pay your loans, mortgage and credit cards each month, then you’ve probably received a call or letter from your bank with the news that you were pre-approved for a credit increase or a line of credit.
You might be thinking, I don’t even use all the credit I currently have. I do.... More »
The best credit cards for newcomers to Canada for 2024 + MORE Jul 2nd
Credit Cards
The best credit cards for newcomers to Canada for 2024
As a newcomer, you’ll want a credit card that offers you the best value without having a long Canadian credit history. Here’s a list of our favourite cash back, rewards, low-interest cards and more.
.... More »
O’Malley pushes financial regulation as a campaign issue, criticizes ‘triangulation’ politics
– canadianbusiness.com
MYRTLE BEACH, S.C. – Former Maryland Gov. Martin O’Malley, who is considering entering the Democratic presidential race, said Saturday that financial regulation needs to be at the forefront of the 2016 campaign and suggested big banks need to be broken up if they might harm the nation.
“If a bank’s too big to fail without wrecking our common good, then it’s too big and we need to take lawful measures to ensure our country’s common good is not imperiled,” O’Malley told reporters during a conference sponsored by the South Carolina Democratic Party.
Reflecting on Democratic losses in 2012, O’Malley said that one of the lessons of last year’s campaign is that “triangulation” is not a winning strategy. Some liberals criticized the use of triangulation — adopting some of an opponent’s ideas — during President Bill Clinton’s two terms in the 1990s.
“You’re never going to please all the people all of the time,” O’Malley said…
“If a bank’s too big to fail without wrecking our common good, then it’s too big and we need to take lawful measures to ensure our country’s common good is not imperiled,” O’Malley told reporters during a conference sponsored by the South Carolina Democratic Party.
Reflecting on Democratic losses in 2012, O’Malley said that one of the lessons of last year’s campaign is that “triangulation” is not a winning strategy. Some liberals criticized the use of triangulation — adopting some of an opponent’s ideas — during President Bill Clinton’s two terms in the 1990s.
“You’re never going to please all the people all of the time,” O’Malley said…
