The “Big Five” Canadian banks include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Are there other viable options?
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The best high-interest savings accounts in Canada for 2023 Oct 20th
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The best high-interest savings accounts in Canada for 2023
Here are the accounts offering the highest interest rates and lowest fees.
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The rates i.... More »
Do you need that bank mutual fund? Maybe not Jul 10th
A regulator-led survey of Ontario mutual fund dealers based out of big banks finds a sizable minority are not always acting in the interests of clients.
The survey of close to 3,000 dealers by the Ontario Securities Commission and the Canadian Investment Regulatory Organization found that 25% say.... More »
CEOs of Canada's big banks expect Trump will be boost for U.S. operations + MORE Jan 10th
The CEOs of some of Canada's biggest banks say they're expecting to see their U.S. businesses get a boost from stronger economic growth south of the border as the new Donald Trump administration takes over..... More »
China tries to reassure over economy at G20 meeting Feb 27th
SHANGHAI – China’s premier has tried to quell anxiety about his slowing economy as officials at a global finance meeting called for governments to speed up job-creating reforms to stimulate slackening growth.
In a video message Friday at the meeting of finance ministers and central banks.... More »
The best high-interest savings accounts in Canada for 2024 + MORE Dec 30th
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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.
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US drops opposition to multilateral Argentine loans
– canadianbusiness.com
BUENOS AIRES, Argentina – The United States says it will no longer oppose lending to Argentina from multilateral banks.
The U.S. Treasury statement follows a meeting between U.S. Treasury Secretary Jacob J. Lew and Argentina Finance Minister Alfonso Prat-Gay at the World Economic Forum in Davos, Switzerland, on Thursday.
It says the policy change was prompted by the Argentine government’s “progress on key issues and positive economic policy trajectory.”
Argentina is in the process of renegotiating about $10 billion of unpaid debt to US hedge funds that refused to give it debt relief at restructurings in 2005 and 2010.
Market-friendly Mauricio Macri took office as Argentine president in January, replacing Cristina Fernandez, who frequently clashed with Washington.
The post US drops opposition to multilateral Argentine loans appeared first on Canadian Business – Your Source For Business News.
The U.S. Treasury statement follows a meeting between U.S. Treasury Secretary Jacob J. Lew and Argentina Finance Minister Alfonso Prat-Gay at the World Economic Forum in Davos, Switzerland, on Thursday.
It says the policy change was prompted by the Argentine government’s “progress on key issues and positive economic policy trajectory.”
Argentina is in the process of renegotiating about $10 billion of unpaid debt to US hedge funds that refused to give it debt relief at restructurings in 2005 and 2010.
Market-friendly Mauricio Macri took office as Argentine president in January, replacing Cristina Fernandez, who frequently clashed with Washington.
The post US drops opposition to multilateral Argentine loans appeared first on Canadian Business – Your Source For Business News.
3 Ways to Beat Blue Monday Debt
– ratesupermarket.ca
Feeling a little, well, blah these days? You’re not alone; mid-January is proven to be the most depressing time of year. Known as Blue Monday, Canadians are most likely to feel down in the dumps between the 18th to the 25th, thanks to a mix of fading holiday cheer, weak sunshine, failed resolutions and – gulp – your post-holiday credit card bill.
And we’re not talking about a little over-spending guilt here. According to some recent numbers from short-term loan provider Borrowell, one in 10 Canadians feel “very” to “extremely” ashamed of their credit card debt. In fact, 52 per cent of Canadians say they’d rather share their weight or salary over their credit card debt – and 14 per cent even hide it from their spouse!
But there’s reason to cheer up – conquering that lingering credit card balance is definitely doable. The key is to shift your debt from a high-interest payment plan to something more manageable.
Here are a few ways to pay that debt down before the warm weather months…
