Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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Canada’s best student credit cards for 2022 Aug 22nd
Researching credit cards between classes? While a grade on a paper maybe its only reward, having the right credit card can mean the difference between a free tank of gas or dinner out at the end of the semester–all while you’re building a credit history. By the time you graduate and get that fir.... More »
Switching to a better bank account Dec 16th
Almost every adult Canadian has a bank account, according to the Canadian Bankers Association. And there are practical reasons for that: most of us need a bank account to cover rent or mortgage payments, receive paycheques and to maintain our lifestyles.
But what if you’re looking for a bank acc.... More »
Meridian Gets Competitive; Posts Lowest Two-Year Fixed Mortgage Rate on the Market + MORE Mar 15th
Meridian is making news as of late, as it recently posted the lowest two-year fixed-interest rate in recent Canadian history, compared to the “Big Five” banks and other lenders on the market. As Ontario’s largest credit union, Meridian is offering a two-year fixed mortgage at 1.98 percent.
T.... More »
The best TD credit cards in Canada 2020 Sep 25th
Before we talk about the best TD credit cards in Canada, let’s talk about TD. Formed through a merger between financial giants Bank of Toronto and The Dominion Bank in 1955, TD is one of Canada’s big five banks. It offers a wide array of financial services including an impressive portfolio of mo.... More »
Best Canadian Renewable Energy Stocks: Earn More While Going Green Dec 13th
Stock investors look to new asset classes to diversify their portfolios while looking for new growth opportunities. For years, financials (banks) and energy companies like Enbridge or Canada Natural Resources have dominated the Canadian stock market. Lately, investors are paying more attention to co.... More »
Aggressive Acquisition Strategy Hits Scotiabank’s Stock Price as Investor Skepticism Mounts
– financialsector.blogspot.com
The Globe and Mail, Tim Kiladze, 12 September 2018
After a stunning run of acquisitions, Bank of Nova Scotia is feeling the heat. Shares of Canada’s third-largest lender are suffering relative to rival Big Six banks, and the pressure is on management to prove its recent spate of deals was worth it.
In the past 10 months, Scotiabank has spent nearly $7-billion on acquisitions, including $