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.
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Coast Capital Savings Credit Union Review Nov 13th
Coast Capital Savings is a BC-based credit union with a long history dating back to the 1940s. As a federally chartered credit union, it has expanded its services to members across Canada, offering a wide range of personal banking products and services.
If you’re unfamiliar with Coast Capital,.... More »
Video: What do you need to open a bank account? Mar 25th
Looking for a better interest rate? Want more accessible ATMs? Tired of paying fees for things like bank drafts? Whatever your reason, changing banks or opening a new bank account can take just a few clicks—if you’re prepared. Watch this two-minute video to see what documents you’ll need (even.... More »
Stephen Poloz sells international bankers on best-case scenarios + MORE Oct 11th
(Justin Tang/CP)
LIMA, Peru — Some policy makers think it is their job to worry. Stephen Poloz approaches his position as governor of the Bank of Canada slightly differently. He thinks it is equally important to puzzle over how what could go right.
This doesn’t mean Poloz ignores the bad stu.... More »
Cardholders Increasingly Frustrated By Aeroplan Rewards Shortage Apr 6th
A travel rewards credit card seems like a no-brainer. If you’re going to pay for things with credit anyway, why not build up points towards free travel? But as one of the country’s most-popular rewards programs, Aeroplan, surpasses 5 million cardholders, users are starting to feel some growing .... More »
At the open: TSX slips as banks, resources stocks weigh + MORE Nov 20th
Tech stocks lead Wall Street higher
.... More »
CTV NewsAt midday: TSX falls as oil prices and loonie riseThe Globe and MailCanada's main stock index slipped on Thursday, as limited resource stock gains on the back of Middle Eastern violence were offset by broad pessimism about economic growth that affected banks, insurers, railways and others. Saudi Arabia and its allies …TSX opens higher, oil and loonie trade up, US markets lowerCTV NewsToronto opens higher, oil and loonie trade up, U.S. markets lowerWinnipeg Free Pressall 201 news articles »
Matt Dunham/APBank of Canada Governor Stephen Poloz addressed the Canada-United Kingdom Chamber of Commerce Thursday. What follows is a transcript of his prepared speech, titled ‘Central Bank Credibility and Policy Normalization’:
I am happy to be in the City and to have the opportunity to speak with you this afternoon. You can feel the pulse of the global financial system here, and it feels a bit like an irregular heartbeat to me.
The recovery from the Great Recession has been a long, drawn-out affair, with some countries emerging faster than others. Long-term interest rates are extremely low, well below central banks’ inflation targets. Financial market volatility has gone up across the board, as economies and policies diverge and the prospect of policy normalization becomes more real.
Today, I would like to consider what this all means for central bank credibility, which is something we should all care about. Do very low long-term interest rates and recent increases in financial market volatility represent an erosion of central bank credibility? It probably won’t come as a surprise to you that I would say no…
Stephen Poloz is defending his surprise January decision to cut the Bank of Canada’s key interest rate, saying there is no need for central banks to signal their moves ahead of time as economies return to normal.
CTV NewsAt midday: TSX falls as oil prices and loonie riseThe Globe and MailCanada's main stock index slipped on Thursday, as limited resource stock gains on the back of Middle Eastern violence were offset by broad pessimism about economic growth that affected banks, insurers, railways and others. Saudi Arabia and its allies …TSX opens higher, oil and loonie trade up, US markets lowerCTV NewsToronto opens higher, oil and loonie trade up, U.S. markets lowerWinnipeg Free Pressall 201 news articles »
