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.
Latest News
The Big Five banks’ CEO cycle is complete. Here’s how they performed + MORE Apr 22nd
(CP)
And then there were none. Earlier this month, Bank of Montreal (BMO) top boss Bill Downe announced he would be stepping down at the end of October. His departure will mark the end of a CEO cycle for Canada’s Big Five banks.
.cbR{box-sizing:border-box;display:block;width:100%;margin:1em 0;bord.... More »
The best credit cards for airport lounge access in Canada for 2023 Nov 4th
Spend
The best credit cards for airport lounge access in Canada for 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
Find my perfect card.... More »
Before the Bell: TSX poised for gains as banks beat Street + MORE May 26th
A look at overnight markets and what's ahead this trading day in North America
.... More »
The best GIC rates in Canada for 2024 + MORE Jun 10th
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Compare now
Why trust us
MoneySense is an award-winning magazine,.... More »
The best Visa credit cards in Canada for August 2023 Sep 1st
Spend
The best Visa credit cards in Canada for August 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
Find my perfect card*
.... More »
Canada’s banks bracing for busy day for RRSP deadline
– theglobeandmail.com
61 per cent of Canadians intend to contribute, down slightly from 64 per cent last year
A ‘difficult’ quarter: The Big Six capital markets scorecard
– theglobeandmail.com
For three of the five banks that reported results last week, profits from capital markets fell by double digits from last year
China central bank cuts reserve requirement by half a point
– canadianbusiness.com
BEIJING, China – China has cut the amount banks are required to hold on reserve in an attempt to inject more money into its slowing economy.
The People’s Bank of China said it is reducing the reserve requirement by half a percentage point from Monday to ensure adequate liquidity in the financial system and free up more funds for lending. The rate was last cut on Oct. 23.
China’s economic growth fell last year to a 25-year low of 6.9 per cent, down from 7.3 per cent in 2014. The government is attempting to bring about a gradual shift in policy to allow the market to direct investment and regulate levels of credit, while the central bank has also been guiding China’s currency, the yuan, lower against the dollar to help boost exports.
The post China central bank cuts reserve requirement by half a point appeared first on Canadian Business – Your Source For Business News.
The People’s Bank of China said it is reducing the reserve requirement by half a percentage point from Monday to ensure adequate liquidity in the financial system and free up more funds for lending. The rate was last cut on Oct. 23.
China’s economic growth fell last year to a 25-year low of 6.9 per cent, down from 7.3 per cent in 2014. The government is attempting to bring about a gradual shift in policy to allow the market to direct investment and regulate levels of credit, while the central bank has also been guiding China’s currency, the yuan, lower against the dollar to help boost exports.
The post China central bank cuts reserve requirement by half a point appeared first on Canadian Business – Your Source For Business News.
Central banks near policy limits but back in focus after G20 meeting
– theglobeandmail.com
G20 leaders acknowledge monetary policy is not enough to combat rising global risks on its own, but leaders fail to outline solid steps, making only vague and general pledges
