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Latest News
Don't be enticed by the big dividends and low valuations of Canada's asset managers Jan 12th
Less-nimble companies face competition from major banks, the popularity of low-cost ETFs and emerging robo-advisers
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Simplii Financial and BMO Warn of Data Breach; Customers Report Money Lost + MORE May 29th
If you bank with BMO or CIBC’s Simplii Financial, your account may have been compromised.
On Monday, both banks started to alert clients that “fraudsters” may have accessed sensitive account information. Simplii reported that up to 40,000 of their customers may have been affected while BMO de.... More »
On Toronto’s stock exchange, it’s not always great being in first + MORE Jul 30th
(Christinne Muschi/Reuters)
It’s a generally accepted axiom in business that bigger is better. Bigger sales, bigger profits, bigger market share. And in Canada right now, the title of biggest company just got snatched away from the biggest of the Big Five banks, Royal Bank of Canada (RBC). The new.... More »
Canada’s best cash back credit cards 2022 Aug 31st
Cash back credit cards are an extremely popular type of rewards card in Canada. They’re easy to use, don’t require participation in loyalty programs, and they let you earn the most flexible reward of all—cash! When you make purchases with a cash back card, you get a percentage back. When you r.... More »
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 »
A Smarter Way to Tax Big Banks
– online.wsj.com
Make the cost of equity tax-deductible in the same way that the cost of debt is deductible.
