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
The close: TSX rises and S&P 500 trades near its high - The Globe and Mail + MORE Aug 23rd
Financial PostThe close: TSX rises and S&P 500 trades near its highThe Globe and MailCanadian stocks rose as oil climbed while U.S. stocks traded near a record high after mixed data in the world's largest economy bolstered speculation the U.S. Federal Reserve will be in no rush to raise int.... More »
The best GIC rates in Canada for 2025 Jan 28th
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigat.... More »
Warning to caregivers: Expect a scavenger hunt + MORE Feb 24th
This story is part 3 in a series on financial caregiving for seniors. Read others in this series:
3 signs you need to take control of your parents’ finances
Caring for a parent? Get a power of attorney
Before my father was diagnosed with dementia, I had a 30,000-foot awareness of my f.... More »
Alberta food banks link uptick in demand to downturn in economy - CTV News + MORE Jul 22nd
CTV NewsAlberta food banks link uptick in demand to downturn in economyCTV NewsAlberta food banks say many shelves are bare and the province's economic slowdown may be to blame. Among the places experiencing higher demand so far this year is Wood Buffalo, the regional municipality that encompas.... More »
When a bank’s not a bank: How fintech—and neobanks in particular—are transforming banking in Canada + MORE Jan 19th
Neobanks and challenger banks are fintech (financial technology) firms that offer banking services, usually online only. These digital upstarts offer alternatives to the mainstream banking products and services we’re accustomed to.
The Canadian banking system is known worldwide for its strength.... More »
A Trillion-Dollar Tax-Exempt Cash Cow
– online.wsj.com
Credit unions compete with banks but don’t have banks’ financial and regulatory burdens.
