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Latest News
Canadian banks’ mortgage-rate increases could trigger rise in qualifying rate, analysts say May 8th
The central bank’s conventional mortgage five-year rate, which is updated weekly, was 5.14 per cent as of May 2..... More »
Canada’s best credit cards for gas Dec 6th
Gas costs can be a hefty line item, especially for Canadians with a daily commute or even a hybrid situation—and it’s one that is largely out of our individual control. Using the right credit card when you fill up will earn you a return on your fuel expenses. But which card should you pick? We b.... More »
The best GIC rates in Canada for 2025 + MORE Dec 29th
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 navigate m.... More »
In Poland, cost of servicing loans in Swiss francs jumps Jan 15th
WARSAW, Poland – Dozens of people with loans in Swiss francs marched in Warsaw to demand more lenient repayment terms after a rise in the value of the currency made the debt more expensive to service.
On Friday, President Andrzej Duda’s aides presented a plan that would share burden of t.... More »
Morneau yanks budget provision allowing banks to circumvent Quebec's consumer protection laws Dec 13th
The federal government is withdrawing certain proposed changes to the Bank Act because of opposition from Quebec..... More »
The Judge Who Saved New York
– online.wsj.com
Mayor de Blasio is barred from regulating banks. Crisis averted.CFL running with concussion tests
– macleans.ca
Hamilton Tiger-Cats wide receiver Brandon Banks reacts after his touchdown was called back against the Calgary Stampeders during the 102nd Grey Cup in Vancouver, B.C. Sunday, Nov. 30, 2014. (Darryl Dyck/The Canadian Press)TORONTO – The CFL and NFL have teamed up to add a two-minute test to standard sideline examinations for suspected concussion, with the aim of quickly determining whether a player should be pulled from the field or can safely return to play.
But just how effective is the King-Devick test for diagnosing concussion? And is its implementation merely a public relations gambit by the football leagues — both defendants in lawsuits launched by groups of former players — or a bona fide means of looking after their athletes’ brain health?
The timed test, which involves rapidly reading aloud lines of irregularly spaced, non-sequential numbers on flip cards or smartphone/tablet apps, was initially developed by American optometrists Alan King and Steven Devick in 1976 to diagnose eye movement dysfunction that affects reading ability…
A Mortgage Evolution
– ratesupermarket.ca
We may have entered the dog days of summer, but Canadian home buyers are anything but lazy. Demand has driven skyrocketing housing prices in our nation’s urban centres – and now, a new renovation tax credit promise from the Conservatives could further fuel the real estate fire.
Just how tough is it for new buyers to break into the market? Our recent study finds 84% of millennials feel housing is less affordable today than in decades past. Read on for the full story.
INFOGRAPHIC: This Is Not Your Mother’s Mortgage
Do first-time home buyers really have a tougher time in today’s housing market? Millennials, facing million-dollar price tags, would definitely agree – only 46% said they could afford a house in their region, according to our Not Your Mother’s Mortgage poll. Check out our infographic – and see how you could be one of our weekly $100 gift card winners!
Read Penelope’s Blog | This Isn’t Your Mother’s Mortgage
Churning Credit Cards: The Pros and Cons
Looking to earn rewards in a hurry? The practice of churning credit cards – signing up for cards to score big signup bonuses, and then cancelling before the annual fee kicks in – can be an effective way to get free flights, groceries, and other goodies…
