Canada has several major banks and many schedule II banks – but with rates and plans all over the map, it’s difficult to know where to bring your business. Our aim is to help you navigate Canada’s banking options to discover which one suits your needs best.
Latest News
Bank of Canada may lose billions in coming years, think tank warns - CBC News + MORE Jan 12th
Bank of Canada may lose billions in coming years, think tank warns CBC NewsOpinion: The Bank of Canada's millions in balance-sheet losses are only the beginning The Globe and MailPosthaste: Bank of Canada could lose up to $8.8 billion over next few years: report Fina.... More »
Economists slash growth forecasts in meeting with Morneau Feb 13th
The average 2016 growth forecast among Canada’s big banks is just 1.2 per cent, far short of the 2-per-cent consensus in the November update
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Is Your Debt Above Average? + MORE Mar 18th
Household debt levels are a hot topic this week, as new numbers reveal they are higher than ever across the nation – a key concern for our central bank, and the fuel behind Canada’s too-hot-to-touch housing markets. And it’s not just mortgages – a recent study finds credit card bal.... More »
Asian stocks rise again on stimulus hopes, yuan’s gain + MORE Feb 16th
HONG KONG – Asian stocks rose for a second day Tuesday as a strengthening yuan and hopes for more central bank stimulus gave investors relief from the mauling that markets have suffered so far this year.
KEEPING SCORE: Japan’s benchmark Nikkei 225 index added 0.2 per cent to 16,054.43 af.... More »
The close: TSX notches biggest gain in six weeks as banks, miners gain Apr 18th
Wall Street rallies in low volume led by banks, tech
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Are variable mortgages worth it if lenders don’t follow the BoC?
– theglobeandmail.com
Banks virtually always raise variable rates after a central bank rate hike, but borrowers have to hope they’ll get the full benefit when the central bank cuts, says Robert McLister
