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.
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Iran issues local credit cards for the first time in decades + MORE Sep 26th
TEHRAN, Iran – Iranian banks have begun issuing credit cards for the first time in decades, local media reported on Monday.
The report by several newspapers, including the daily Donya-e-Eqtesad or World of Economy in Farsi, said the cards will be for domestic use only and do not involve any so.... More »
Do you need mortgage life insurance? Sep 22nd
Ask MoneySense
I am a single, 70-year-old with a reasonable mortgage of $115,000. I have no family and no dependants. I find that the life insurance on my mortgage is too expensive. Do I need mortgage life insurance anyway? What for?
—Katerina
What is mortgage life insurance?
I’m glad.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Sep 30th
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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On the trail of Forrest Fenn’s hidden treasure Oct 21st
The Chama river in Northern New Mexico has been a hotspot for treasure seekers looking for Fenn’s Gold due to both its proximity to Fenn’s home in Santa Fe, and references to water and canyons in his poem. (Photograph by Josh Biggs)
There is smoke in the valley at daybreak, and the smell.... More »
The best high-interest savings accounts in Canada for 2023 + MORE Jun 15th
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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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China January new yuan loans climb to record high in seasonal surge – Reuters Canada
– news.google.ca
Reuters CanadaChina January new yuan loans climb to record high in seasonal surgeReuters CanadaBEIJING (Reuters) – Chinese banks armed with fresh lending quotas extended a record 2.51 trillion yuan ($385.40 billion) of new loans in January, far more than markets had expected, suggesting Beijing is keeping monetary policy loose to counter a …China's new yuan loans soar in JanuaryXinhuaNew loans extended by China banks hit fresh highDaily NewsYuan declines most in a month as PBOC allows greater flexibilityTHE BUSINESS TIMESall 755 news articles »
China January new yuan loans climb to record high in seasonal surge – Reuters Canada
– news.google.ca
Reuters CanadaChina January new yuan loans climb to record high in seasonal surgeReuters CanadaBEIJING (Reuters) – Chinese banks armed with fresh lending quotas extended a record 2.51 trillion yuan ($385.40 billion) of new loans in January, far more than markets had expected, suggesting Beijing is keeping monetary policy loose to counter a …China's new yuan loans soar in JanuaryXinhuaNew loans extended by China banks hit fresh highDaily NewsYuan declines most in a month as PBOC allows greater flexibilityTHE BUSINESS TIMESall 755 news articles »
Asian stocks rise again on stimulus hopes, yuan’s gain
– canadianbusiness.com
HONG KONG – Asian stocks rose for a second day Tuesday as a strengthening yuan and hopes for more central bank stimulus gave investors relief from the mauling that markets have suffered so far this year.
KEEPING SCORE: Japan’s benchmark Nikkei 225 index added 0.2 per cent to 16,054.43 after soaring 7.2 per cent the day before, which was its biggest daily gain since September. South Korea’s Kospi rose 1.4 per cent to 1,887.05 and Hong Kong’s Hang Seng advanced 1.3 per cent to 19,159.76. The Shanghai Composite Index in mainland China gained 3 per cent to 2,827.84 and Australia’s S&P/ASX 200 was up 1.4 per cent to 4,810.00. Benchmarks in Taiwan and most of Southeast Asia also rose.
STIMULUS HOPES: With U.S. markets closed for a holiday and therefore providing no guidance in either direction, the global stock rally extended into a second day. Investor sentiment remained positive that central banks would continue to ease monetary policy thanks to comments from the head of the European Central Bank…
KEEPING SCORE: Japan’s benchmark Nikkei 225 index added 0.2 per cent to 16,054.43 after soaring 7.2 per cent the day before, which was its biggest daily gain since September. South Korea’s Kospi rose 1.4 per cent to 1,887.05 and Hong Kong’s Hang Seng advanced 1.3 per cent to 19,159.76. The Shanghai Composite Index in mainland China gained 3 per cent to 2,827.84 and Australia’s S&P/ASX 200 was up 1.4 per cent to 4,810.00. Benchmarks in Taiwan and most of Southeast Asia also rose.
STIMULUS HOPES: With U.S. markets closed for a holiday and therefore providing no guidance in either direction, the global stock rally extended into a second day. Investor sentiment remained positive that central banks would continue to ease monetary policy thanks to comments from the head of the European Central Bank…
Are Fees Eroding Your Wealth?
– canadianfinanceblog.com
When you think about what’s holding you back when it comes to wealth, you probably don’t think too much about the small things, like fees.Unfortunately, it’s easy to overlook fees. They seem rather small, and it doesn’t seem as though they will have a big impact on your finances. The reality, though, is that fees can have an impact on your finances. Over time fees can add up, eroding your wealth and even resulting in missed opportunities.
Are You Paying these Common Fees?
First of all, take stock of the fees you are paying. Look through your bank statements to see where your money is going, and see if you can pinpoint the extra fees you don’t need.
In some cases, as with many investments, you can’t avoid fees altogether. When you invest, fees are just part of the equation. However, you can reduce the fees that you pay with a little looking around. Here are some of the more common fees that you might be paying, and how to stop paying them:
Bank Account Fees:
From monthly maintenance fees to ATM fees, banks often charge fees…
