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 best banks in Canada Oct 17th
Most Canadians are aware of the Big Five banks: RBC, TD, Scotiabank, BMO and CIBC. And some may even know that occasionally National Bank of Canada sneaks in and expands that list to six. But even with these accounted for, there are dozens of banks in this country, each offering its own suite of per.... More »
Scotiabank Passport™ 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 »
Best robo-advisors in Canada for 2026 Feb 11th
The name may be offputting, but robo-advisors occupy a key middle way in the investment landscape between do-it-yourself investing and having a live investment advisor. They will cost you a lot less than a commissioned or fee-for-service advisor and the often pricey investment products they recommen.... More »
Scotiabank, BMO paint optimistic pictures in face of declining profit for capital-markets arms + MORE Feb 27th
Both banks see year-over-year declines in January net income
.... More »
Credit card mistakes millennials are making Dec 19th
It seems that cost-conscious millennials are so down on being in debt that many are avoiding credit cards altogether. But in doing so they’re missing out on the opportunity to start building a credit history, which is crucial for securing loans, renting apartments and getting the best insurance ra.... More »
This was supposed to be the year that the bottom line of Canada’s big banks would feel the pain of a weak economy, the slumping oilpatch, cautious consumers and low interest rates. It didn’t quite work out that way.
Canadian banks plan smaller increase in compensation bonuses this year
– theglobeandmail.com
Trend reflects shrinking investment-banking fees, slower revenue growth
