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
Rocky year ahead for Canadian economy + MORE Jan 6th
TORONTO – The chief economists of some of Canada’s biggest banks say the country is headed for a rocky year as low oil prices continue to drag on economic performance.
Bank of Montreal chief economist Douglas Porter told a morning gathering of leading economists today that it’s going to be a â.... More »
Federal centre flags signs of cash linked to fentanyl scourge in new alert Jan 31st
OTTAWA _ Traffickers are exploiting Canadian money service businesses to buy deadly fentanyl from overseas and then launder the proceeds through banks and credit unions, warns the national financial intelligence agency.
The federal Financial Transactions and Reports Analysis Centre is issuing a deta.... More »
The best GIC rates in Canada for 2026 + MORE Mar 30th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
The best high-interest savings accounts in Canada for 2026 + MORE Apr 28th
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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Why trust us
MoneySense is an.... More »
Scotiabank Passportâ„¢ Visa Infinite* Review + MORE May 17th
Attention MoneyWise readers! Sign up for the Scotiabank Passport™ Visa Infinite* Card today and for a limited time, get up to 25,000 bonus points with your first $1,000 in everyday purchases in the first three months. That’s already $250-worth of rewards!
And for a limited time, get $75 IN.... More »
If two fast food burgers, two movie tickets and a couple of beers sounds like your idea of cheap fun, 2014 was a great year for you in Canada, according to one of the biggest banks in the world.


