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
Questrade vs. Wealthsimple: which online investing service is right for you? + MORE Dec 6th
If you’ve decided to try out online investing and have narrowed down your choices to Wealthsimple and Questrade—congratulations! Both are solid Canadian options that can help you grow your money and achieve your investment goals.
But choosing between the two can be tricky. While the two financia.... More »
New mortgage rules sending borrowers to alternatives Feb 7th
TORONTO — Mortgage brokers say the borrower rejection rate from large banks and traditional monoline mortgage lenders has gone up as much as 20 per cent after Canada’s banking regulator imposed a new stress test for home buyers who don’t need mortgage insurance.
As a result, alternativ.... More »
Best Kids Bank Accounts: How to Help Your Child Start Saving Today Nov 8th
One of the best ways to set your child up for financial success early on is by opening them a youth bank account. With their account, you can begin to teach them important personal finance lessons, such as careful budgeting, smart saving, and mindful spending.
You may think that all youth savings ac.... More »
As fees rise, banks count on your complacency: Mayers Aug 4th
When banks make changes to fee packages it is often hard to compare old with new. They’re counting on your inertia..... More »
The 7 best credit cards for newcomers to Canada for 2023 + MORE Aug 12th
Credit Cards
The 7 best credit cards for newcomers to Canada for 2023
As a newcomer, you’ll want a credit card that offers you the best value without having a long Canadian credit history. Here’s a list of our favourite cash back, rewards, low-interest cards and more.
.... More »
Earnings Preview for Canada’s Five Biggest Banks
– blogs.wsj.com
Canada’s five biggest banks are scheduled to report their fiscal third-quarter earnings this week, shedding new light on how lenders are faring amid a Canadian economy struggling due to lower prices for oil, Canada’s top export.
Key Canada Events: Week of Aug. 24-28
– blogs.wsj.com
On tap in Canadian business this week: quarterly financial results from the country’s five big banks, and more.
