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
Bank accounts, crypto wallets associated with protest convoy frozen: Freeland - Canada News - Castanet.net + MORE Feb 17th
Bank accounts, crypto wallets associated with protest convoy frozen: Freeland - Canada News Castanet.netBanks have started to freeze accounts linked to the protests, Freeland says CBC NewsTrucker convoy: Banks take action to cease financing CTV NewsFinancial institut.... More »
The North and the great Canadian lie Sep 12th
Main Street of the hamlet of Sachs Harbour on Banks Island in the Northwest Territories. (Erika Larsen/Redux)
We are not a northern nation, and we need to stop lying to ourselves that we are.
More people live in Moose Jaw than live in the Yukon. Compared to other Arctic regions, Canada has done so l.... More »
Holiday Spending out of Control? Manage It Well for a Healthy Financial New Year Jan 21st
The holidays were glorious and brilliant, but the new year is here and so are the bills. You’re not alone if your credit card balances soared and bills are piling up. We’ve put together some tips to help you recover smoothly and avoid another spending hangover in the new year.
Give Your.... More »
Free to Use, Free to Choose: Review of the Tangerine Money-Back Credit Card Mar 30th
There’s a new cash back contender in Canada’s credit card market, and it’s bringing a new level of choice to consumers. Tangerine’s Money-Back Credit Card has officially launched after a successful trial run, and it has created quite a buzz for its unique and flexible rewards structure.
Th.... More »
Federal consumer agency delays report on Canadian banks' sales practices Dec 30th
The Financial Consumer Agency of Canada won't be releasing the results of its review of business practices among Canada's major banks by the end of the year, as originally anticipated..... More »
Tourists shielded from Greek crisis cancelling trips
– moneysense.ca
(Getty Images/Marco Simoni)ATHENS, Greece – Greece is known the world over for its historic sites, sparkling sea, and lovely, vine-shaded restaurants. Add riot police, shuttered banks, and lines at cash machines and the picture clouds.
This is the reality facing tourism in Greece this year, as the peak summer season in the popular destination is threatened by a financial crisis of frightening proportions. Up until now, the charming cafes and outdoor restaurants near the Acropolis have remained overflowing with tourists, but considering the bad publicity of the past week’s events, many businesses say they are beginning to see cancellations and a slowdown in reservations.
“Our future bookings are down 20 to 30 per cent,” said Edward Fisher, who owns and operates Athens Backpackers and Athens Studios, with prime locations near the Acropolis that cater mostly to youthful travellers without mega-budgets.
He blamed the global media for the marked slowdown, and said he believes it will only be a “temporary blip” because of Greece’s timeless appeal…
Business Highlights
– canadianbusiness.com
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Greece gets until Sunday for proposals to stave off collapse
BRUSSELS (AP) — Frustrated and angered eurozone leaders gave Greek Prime Minister Alexis Tsipras a last-minute chance on Tuesday to finally come up with a viable proposal on how to save his country from financial ruin.
Overcoming their surprise when Tsipras failed to come up with a detailed plan, the leaders reluctantly agreed to a final summit Sunday, saying that could give both sides an opportunity to stave off collapse of the struggling but defiant member nation.
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The battle for control of the growing breast milk industry
TRENTON, N.J. (AP) — It could trade for 400 times more than the price of crude oil and 2,000 times more than iron ore. If sold off the shelf, it could cost more than 150 times the price of a gallon of cow’s milk and 15 times more than coffee.
Going for as much as $4 per ounce, breast milk is a hot commodity that is emerging as a surprisingly cutthroat industry, one that states are seeking to regulate amid a battle for control between non-profit and for-profit banks that supply hospital neonatal units…
Greece gets until Sunday for proposals to stave off collapse
BRUSSELS (AP) — Frustrated and angered eurozone leaders gave Greek Prime Minister Alexis Tsipras a last-minute chance on Tuesday to finally come up with a viable proposal on how to save his country from financial ruin.
Overcoming their surprise when Tsipras failed to come up with a detailed plan, the leaders reluctantly agreed to a final summit Sunday, saying that could give both sides an opportunity to stave off collapse of the struggling but defiant member nation.
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The battle for control of the growing breast milk industry
TRENTON, N.J. (AP) — It could trade for 400 times more than the price of crude oil and 2,000 times more than iron ore. If sold off the shelf, it could cost more than 150 times the price of a gallon of cow’s milk and 15 times more than coffee.
Going for as much as $4 per ounce, breast milk is a hot commodity that is emerging as a surprisingly cutthroat industry, one that states are seeking to regulate amid a battle for control between non-profit and for-profit banks that supply hospital neonatal units…
Greek Prime Minister Alexis Tsipras launched a desperate bid to win fresh aid from skeptical creditors at an emergency euro zone summit on Tuesday, before his country’s banks run out of money.
