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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Hubert Financial Review: An Online Bank that Aims to Make You Happy Nov 29th
For generations, Canada’s credit unions have served their local communities, by offering a range of financial products, generous savings rates, and a relentless focus on customer service.
However, with the advent of digital banking, more and more credit unions are broadening their scope and can no.... More »
Winnipeggers react to American liquor returning to the shelves - CityNews Winnipeg + MORE Dec 11th
Winnipeggers react to American liquor returning to the shelves CityNews WinnipegSome provinces are selling U.S. booze again — with a holiday twist. Is yours one of them? CBCFord government mulls what to do with blacklisted American booze Toronto StarFord say he’l.... More »
From banking to booze: Ontario gets its first ombudsman for beer Dec 23rd
TORONTO _ A former ombudsman at one of Canada’s big banks has been tapped to investigate complaints of a far more frothy nature: beer.
The Beer Store has appointed Charles Dougall as Ontario’s first beer ombudsman.
The foreign-owned consortium, which operates more than 470 retail outlets.... More »
BMO first of big banks to launch robo-advisor service + MORE Jan 18th
TORONTO – The Bank of Montreal has launched an online portfolio manager, making it the first of the big five Canadian banks to wade into the “robo-adviser” business.
After a trial run that started on Dec. 7, the service — dubbed SmartFolio — is available to all investors starting Monday.
W.... More »
Unusually large swarm of icebergs drifts into shipping lanes - Herald-Whig + MORE Apr 6th
Herald-WhigUnusually large swarm of icebergs drifts into shipping lanesHerald-WhigThis March 2017 photo released by the U.S. Coast Guard and made by a robotic camera aboard a reconnaissance aircraft, shows icebergs floating near the Grand Banks of Newfoundland in the North Atlantic Ocean. There were.... More »
3 Ways: How to Really Save When You’re a Student
– ratesupermarket.ca
Happy New Year! Ok… So maybe it’s not actually the new year – but a recent Tangerine study found 60 per cent of Canadians view the start of the school year as an unofficial new beginning. And, with this fresh start comes new resolutions, especially for personal finances, according to the study.
A third of Canadians say they plan to set some new money goals for themselves before the year is out. Thirty per cent of that group will focus on saving more money while 20 per cent plan to point their efforts at paying down credit cards or other loans.
And Canadians could use the emergency buffer. The survey also found 30 per cent wouldn’t be able to financially handle an unexpected $500 expense. For 28 per cent, that breaking point lies at $2,000.
“Fall” Back on Track with High Interest Savings
For those on board with the idea of turning the fall into a season of financial redemption, strategy is key.
First step – put your money to work with a high-interest savings option…
