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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Prepaid Credit Cards vs. Prepaid Gift Cards Apr 23rd
If you’ve ever had to shop for “that” person in your life — the one who already has everything — you know that gift cards can be a lifesaver. They’ve been around for almost 26 years, growing into an essential part of any retail business.
More recently, prepaid gift cards branded with pa.... More »
Starbucks U.S. food waste plan has Canadian food banks 'delighted' Mar 26th
A lofty plan to reduce food waste at U.S. Starbucks locations by donating it to food banks won't be coming to Canada just yet, but some food banks here already have relationships with their local Starbucks..... More »
The Day After: The Oilers cruise to another win over Ottawa - Oilers Nation + MORE Mar 13th
The Day After: The Oilers cruise to another win over Ottawa Oilers NationOilers pile on Senators as Tippett’s bet on McDavid-Draisaitl reunion pays off Sportsnet.caSenators @ Oilers 3/12/21 | NHL Highlights NHLMcDavid, Draisaitl help Oilers continue their dominatio.... More »
Canadians Ill-Prepared for a Rate Hike; Unprecedented Debt Imminent + MORE Jun 30th
A new report finds Canadians are facing a future where an unprecedented amount of household income will go towards debt servicing.
The Household Indebtedness and Financial Vulnerability report by the Parliamentary Budget Officer is raising concerns on the level of household debt amongst Canadians. .... More »
Researchers: Asian bank hacks may be linked to North Korea May 27th
NEW YORK, N.Y. – Cybersecurity researchers said North Korea might be connected to a recent attack that resulted in the theft of over $100 million from the Bangladeshi central bank and the attempted thefts of millions more from other Asian banks.
If the finding holds up, the attacks would amoun.... More »
Business Highlights
– canadianbusiness.com
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Yellen: Persistent economic weakness could slow rate hikes
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen cautioned Wednesday that global weakness and falling financial markets could depress the U.S. economy’s growth and slow the pace of Fed interest rate hikes.
But Yellen made clear that the Fed won’t likely find it necessary to cut rates after having raised them from record lows in December. She did concede, though, that negative rates, which central banks in Japan and Europe have recently imposed, are a tool the Fed has at least studied.
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Twitter tweaks its timeline in pursuit of more users
SAN FRANCISCO (AP) — Twitter is tweaking the way that tweets appear in its users’ timelines in its latest attempt to broaden the appeal of its service.
The change announced Wednesday moves Twitter closer to a formula that Facebook uses to determine the order of posts appearing in its users’ news feeds.
It’s a risky move for Twitter because it threatens to infuriate many of its 320 million users who like things the way they are…
Yellen: Persistent economic weakness could slow rate hikes
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen cautioned Wednesday that global weakness and falling financial markets could depress the U.S. economy’s growth and slow the pace of Fed interest rate hikes.
But Yellen made clear that the Fed won’t likely find it necessary to cut rates after having raised them from record lows in December. She did concede, though, that negative rates, which central banks in Japan and Europe have recently imposed, are a tool the Fed has at least studied.
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Twitter tweaks its timeline in pursuit of more users
SAN FRANCISCO (AP) — Twitter is tweaking the way that tweets appear in its users’ timelines in its latest attempt to broaden the appeal of its service.
The change announced Wednesday moves Twitter closer to a formula that Facebook uses to determine the order of posts appearing in its users’ news feeds.
It’s a risky move for Twitter because it threatens to infuriate many of its 320 million users who like things the way they are…
