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
Coronavirus: What's happening in Canada and around the world on Saturday - CBC.ca + MORE Apr 4th
Coronavirus: What's happening in Canada and around the world on Saturday CBC.caMilitary heading to Quebec, $100M coming for food banks: PM CTV NewsGST credit payments to low-income earners to arrive one month earlier National PostApril 4: ‘Justin Trudeau may have w.... More »
Markets Right Now: US stocks move higher, led by banks + MORE Oct 14th
NEW YORK, N.Y. – The latest on developments in global financial markets (all times local):
11:45 a.m.
Financial stocks are leading Wall Street higher after several major banks reported solid profits.
Citigroup rose half a per cent Friday after its results beat analysts’ forecasts.
Techno.... More »
The best GIC rates in Canada for 2026 Apr 8th
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 »
Bailouts Shouldn't Be Only for Banks + MORE Sep 14th
The government’s failure to help homeowners after the 2008 crisis fueled populist anger at finance..... More »
12 top personal finance books to read this summer Jun 11th
For obvious reasons, a lot of personal finance and retirement books come my way and, from time to time, we’ve dedicated a particular edition of this column to a single book. This one looks at a dozen noteworthy books I’ve read lately, or plan to—most of them published in the last few years.
If.... More »
OTTAWA – The odds that the Bank of Canada will lower its key interest rate next week are rising, with some of the country’s big banks now predicting a rate cut.
Economists at the Bank of Montreal joined what is a growing chorus of analysts Thursday in predicting the central bank will cut its key interest rate next Wednesday when it releases its updated forecast for the economy.
The Bank of Montreal cited low oil prices, a weak business outlook survey and recent comments by governor Stephen Poloz as reasons for its new forecast.
“The Business Outlook Survey showed the lowest investment and hiring intentions since the Great Recession,” the Bank of Montreal said in a research note Thursday.
“The commodity sector’s pain is spreading to the domestically-focused, non-resource parts of the economy, trumping the gains in non-commodity exports to the U.S.”
The key overnight rate sits at 0.5 per cent, and expectations that the Bank of Canada will cut its rate target have been gaining momentum with the low price of oil…
Economists at the Bank of Montreal joined what is a growing chorus of analysts Thursday in predicting the central bank will cut its key interest rate next Wednesday when it releases its updated forecast for the economy.
The Bank of Montreal cited low oil prices, a weak business outlook survey and recent comments by governor Stephen Poloz as reasons for its new forecast.
“The Business Outlook Survey showed the lowest investment and hiring intentions since the Great Recession,” the Bank of Montreal said in a research note Thursday.
“The commodity sector’s pain is spreading to the domestically-focused, non-resource parts of the economy, trumping the gains in non-commodity exports to the U.S.”
The key overnight rate sits at 0.5 per cent, and expectations that the Bank of Canada will cut its rate target have been gaining momentum with the low price of oil…
Bank of Montreal economists predicting interest rate cut
– moneysense.ca
OTTAWA – Economists at the Bank of Montreal are joining those predicting the Bank of Canada will cut its key interest rate next week.
The Bank of Montreal cited low oil prices, a weak business outlook survey and recent comments by governor Stephen Poloz as reasons for its new forecast.
Poloz recently said that while the steep slide in oil prices can be mitigated to a degree, there was no simple policy fix to the ailing economy.
CIBC also says that the odds have tilted in favour of a rate cut by the central bank, either next week or in April.
Mortgage rates are rising »
The key overnight rate sits at 0.5 per cent, and Poloz is scheduled to make his interest rate announcement next Wednesday.
The Bank of Canada cut its key interest rate twice last year in an effort to cushion the impact of falling oil prices on the economy.
By cutting its target for the overnight rate, the central bank is trying to push down the interest rates charged by Canada’s big banks, making it cheaper for companies to borrow money to grow their businesses…
The Bank of Montreal cited low oil prices, a weak business outlook survey and recent comments by governor Stephen Poloz as reasons for its new forecast.
Poloz recently said that while the steep slide in oil prices can be mitigated to a degree, there was no simple policy fix to the ailing economy.
CIBC also says that the odds have tilted in favour of a rate cut by the central bank, either next week or in April.
Mortgage rates are rising »
The key overnight rate sits at 0.5 per cent, and Poloz is scheduled to make his interest rate announcement next Wednesday.
The Bank of Canada cut its key interest rate twice last year in an effort to cushion the impact of falling oil prices on the economy.
By cutting its target for the overnight rate, the central bank is trying to push down the interest rates charged by Canada’s big banks, making it cheaper for companies to borrow money to grow their businesses…
3 easy ways to track your spending
– moneysense.ca
Before you can take control over your finances, you have to know where your money is going. The most common advice? Start a spending journal. To which we say: Get real. Journals are tedious, time consuming and a royal pain. While the advice is sound, the solution is flawed. Even die-hard financial nuts admit they quickly give up on it. The good news is there are easier ways. Here are three smart ways to track your spending—with minimal effort:1. Charge it all
Putting all your purchases on one credit card is an easy way to track your spending. Some issuers even categorize purchases on your monthly statement. The key is to stick to one card and pay off the balance each month. Most banks now also provide tools to track spending on your debit card. Use them to tell you where you’re spending, then look for unnecessary expenses.
2. Instagram it
Need some added accountability? Use your smartphone to take photos of everything you buy, and post them to a private Instagram account. Include the cost in the comments…
