Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
Making sense of the markets this week: August 30, 2021 Aug 28th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Big earnings from the big Canadian banks
The Big Six Canadian banks (Royal Bank of Canada, TD Bank, Scotiabank, BMO, CIBC and National Bank) released quarterly ear.... More »
Federal consumer agency delays report on Canadian banks' sales practices Dec 30th
The Financial Consumer Agency of Canada won't be releasing the results of its review of business practices among Canada's major banks by the end of the year, as originally anticipated..... More »
Making sense of the markets this week: April 5, 2021 Apr 5th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Serious concerns over the Canadian housing bubble
BMO has sounded the alarm with strong warnings about what many are calling a housing bubble in Canada. In fact, it’s on fir.... More »
Interest rates: From lower for longer, to low for no longer + MORE Jun 14th
Carolyn Wilkins. (Photograph by Erin Schaff)
Inflation is coming.
Ha-ha! You don’t believe me, do you? I can hardly blame you. Economists used to talk about prices as if they were barely domesticated animals: loosen the tether, and they will will take off on you. Those economists now look like fo.... More »
Canada’s best travel credit cards 2022 May 25th
With a good travel credit card in your name, going on a trip can suddenly become more affordable (when you are ready to travel again, of course). And, you can get even more value if you sign up for the right travel credit card—one that doesn’t just focus on points, but also has perks such as lou.... More »
Trudeau to boost launch of group that aims to speed move to clean economy
– canadianbusiness.com
VANCOUVER – A group called Smart Prosperity that wants Canada to speed up the transition to a high-efficiency, low carbon economy will launch today in Vancouver.
The cross-sectoral group, which includes business leaders, labour, non-governmental organizations, government and academics, aims to make Canada a global environmental brand.
The launch will get a boost with comments from Prime Minister Justin Trudeau, whose Liberal government’s climate agenda appears to dovetail with the economic transformation envisioned by the new market-oriented group.
Twenty-six people have signed on to the initiative, including top representatives from banks and insurance companies, aluminium smelters, the United Steel Workers union, a grocery chain, investment firms and the World Wildlife Federation.
They’re looking to identify and promote policies that spur innovation, generate jobs and boost the economy while improving the environment and conserving Canada’s natural heritage.
Smart Prosperity’s launch coincides with Vancouver’s biennial Globe conference on clean tech…
The cross-sectoral group, which includes business leaders, labour, non-governmental organizations, government and academics, aims to make Canada a global environmental brand.
The launch will get a boost with comments from Prime Minister Justin Trudeau, whose Liberal government’s climate agenda appears to dovetail with the economic transformation envisioned by the new market-oriented group.
Twenty-six people have signed on to the initiative, including top representatives from banks and insurance companies, aluminium smelters, the United Steel Workers union, a grocery chain, investment firms and the World Wildlife Federation.
They’re looking to identify and promote policies that spur innovation, generate jobs and boost the economy while improving the environment and conserving Canada’s natural heritage.
Smart Prosperity’s launch coincides with Vancouver’s biennial Globe conference on clean tech…
Bay Street’s brewing war over corporate lending
– theglobeandmail.com
Independent dealers allege big Canadian banks are using a practice known as tied selling to gain a competitive edge
The Best Credit Cards for Shopping
– ratesupermarket.ca
By: Pira Kumarasamy
Credit card loyalty programs are a great way to stretch your hard-earned dollars even further by offering rewards for everyday purchases, and retailers are jumping on board.
RBC Rewards recently announced a partnership with Saks Fifth Avenue, and will offer 2 times the points when shopping in-store with an eligible RBC Rewards credit card, and allow customers to redeem points for store gift cards. The move is sure to bring added excitement to the RBC Rewards customer experience for those that plan to shop at Saks, which recently opened its doors in Toronto at both Eaton Centre and Sherway Gardens.
When it comes to credit cards, Canadians love free stuff and there is no shortage of cards to reward the avid shopper. From an issuer and retailer perspective, it’s no surprise that partnerships continue to crop up, as they help to build and maintain customer loyalty for the retailer and increase revenues for the issuer.
Psst: Want to earn rewards on all of your purchases? Check out the best cash back credit cards in Canada>
The Top Retail Rewards Credit Cards in Canada
Over the years, credit card issuers in Canada have partnered with retailers to create loyalty programs to reward customers…
What bank profits are saying about the economy: Mayers
– thestar.com
If the performance of Canadian banks acts a mirror on our economy, things are weak but may be better than we think.
