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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Stock news: Canada’s big banks raise dividends after strong Q2 earnings May 29th
Here’s a round-up of news for Canadian investors this week.
BMO
National Bank
Scotiabank
CIBC
TD Bank
RBC
Featured RRSP Accounts
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EQ Bank
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Could Covid-19 Cause Cashless Payments to Be the New Normal? Jun 23rd
It’s hard to pay from six feet away.
Plus, the idea of touching cash is making many queasy these days, which is why the COVID-19 pandemic may be speeding up the move to a cashless society.
According to a recent survey by Payments Canada, which compared spending behaviours pre-COVID-19 and at five.... More »
Making sense of the markets this week: June 28 Jun 26th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Are the markets throwing a taper tantrum?
The term “taper” and the possibility of a “taper tantrum” jumped into business news and headlines this past week. What is all.... More »
Making sense of the markets this week: January 22, 2023 Jan 20th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines of the week and offers context for Canadian investors.
Are central banks smarter than we thought—or are they just lucky?
The world’s central banks faced plenty of critici.... More »
The best GIC rates in Canada for 2024 Jul 25th
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The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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12 top personal finance books to read this summer
– moneysense.ca
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 you want to learn about…global macroeconomics
Let’s start with global macroeconomics, which is top-of-mind for many investors and would-be retirees these days. With central banks around the world putting their printing presses into overdrive to combat the coronavirus bear market (however brief it may have been), I suggest reading Graham Summers’ The Everything Bubble: The Endgame for Central Bank Policy, first published in 2017. It describes what the author calls “serial bubbles”—not just stocks but virtually every asset class, including fixed income and real estate. The U.S. tech bubble was $7 trillion (U.S.) in size; the subsequent U.S. housing bubble, $14 trillion; and the U…
If you want to learn about…global macroeconomics
Let’s start with global macroeconomics, which is top-of-mind for many investors and would-be retirees these days. With central banks around the world putting their printing presses into overdrive to combat the coronavirus bear market (however brief it may have been), I suggest reading Graham Summers’ The Everything Bubble: The Endgame for Central Bank Policy, first published in 2017. It describes what the author calls “serial bubbles”—not just stocks but virtually every asset class, including fixed income and real estate. The U.S. tech bubble was $7 trillion (U.S.) in size; the subsequent U.S. housing bubble, $14 trillion; and the U…
