Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
The Seven Sins of Wall Street calls for change + MORE Sep 27th
With the financial crisis now in the rear-view mirror five years ago, it should be clear sailing for the giant U.S. banks that arguably created the problem, right?
Not according to veteran Bloomberg News editor and investigative reporter Bob Ivry. In his recently published book, The Seven Sins of W.... More »
6 times when a GIC is a smart investment choice + MORE Mar 10th
A guaranteed investment certificate (GIC) may seem like your grandfather’s kind of savings product. After all, his generation was fond of similar investment tools, like government savings bonds and treasury bills, and benefited from periods where interest rates were high enough to make these low-r.... More »
What Should You Do With Your Tax Return? Apr 26th
Getting a bit of extra money is always a bonus, and it turns out the average tax return in Canada is around $1,600. In 2019 so far, the CRA reports the average tax return at $1,614. So if you get a refund, what should you do with it?
If you decide to invest it, what’s the best vehicle? A .... More »
The close: TSX at 3-week high as oil boosts energy stocks Mar 28th
Wall Street lifted by consumer data; banks, energy lead
.... More »
European Central Bank to get questions about Greece, but may not turn on credit tap just yet + MORE Jul 16th
FRANKFURT – European Central Bank head Mario Draghi faces a blizzard of questions about Greece at his news conference Thursday.
His appearance follows a meeting at which, analysts say, the bank may hold off on restoring emergency credit to Greek banks despite the dire situation there.
Greece d.... More »
5 Questions To Ask Before Opening An Online Banking Account
– ratesupermarket.ca
So you’ve decided to take a look at this whole online banking thing. After all, your friend does it and brags about how they don’t have to wait in line anymore because they’ve beat got the system beat. Online banking has become very popular in Canada – a recent ING study finds 33 per cent of those who do bank at their branch do so mainly to deposit cheques, with 46 per cent wishing they had a mobile or online method to do so.
There’s no doubt it’s convenient. The problem is that you’re not all that sure about who to trust, where to go, and how to set it all up. Here are a few questions that might help you determine the best option for your cash and investments when opening an online banking account.
1) Do you have brick-and-mortar locations or are you a purely online bank?
All of Canada’s major banks and the vast majority of smaller financial institutions have an online presence, but there are banks out there that only exist as an online entity and don’t have physical “bricks and mortar” locations…
5 Questions To Ask Before Opening An Online Banking Account
– ratesupermarket.ca
So you’ve decided to take a look at this whole online banking thing. After all, your friend does it and brags about how they don’t have to wait in line anymore because they’ve beat got the system beat. Online banking has become very popular in Canada – a recent ING study finds 33 per cent of those who do bank at their branch do so mainly to deposit cheques, with 46 per cent wishing they had a mobile or online method to do so.
There’s no doubt it’s convenient. The problem is that you’re not all that sure about who to trust, where to go, and how to set it all up. Here are a few questions that might help you determine the best option for your cash and investments when opening an online banking account.
1) Do you have brick-and-mortar locations or are you a purely online bank?
All of Canada’s major banks and the vast majority of smaller financial institutions have an online presence, but there are banks out there that only exist as an online entity and don’t have physical “bricks and mortar” locations…
