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
When Banks Bailed Out the Government Aug 4th
Citigroup is ‘too big to fail.’ Its predecessor was once responsible enough to weather a panic..... More »
Scotiabank Passport™ Visa Infinite* Review + MORE May 17th
Attention MoneyWise readers! Sign up for the Scotiabank Passport™ Visa Infinite* Card today and for a limited time, get up to 25,000 bonus points with your first $1,000 in everyday purchases in the first three months. That’s already $250-worth of rewards!
And for a limited time, get $75 IN.... More »
Why we pay so much for chequing accounts Aug 16th
The big banks typically have offerings costing well below $15, but extra service fees can pile up if you’re not careful
.... More »
Before It’s Too Late! Best Credit Card Welcome Offers of November 2019 Oct 31st
Rewards credit cards have many perks and benefits from cash back to VIP access, and a whole lot more. Choosing a card can be difficult with endless options available.
Do you pick a card with an annual fee? Low balance transfer? Travel rewards? No foreign transaction fees? Deciding which card .... More »
BOJ’s Kuroda warns low rates may sow seeds of new financial crisis Feb 16th
Bank of Japan Governor offers his strongest warning to date of the demerits of aggressive monetary easing pursued by major central banks
.... More »
Are variable mortgages worth it if lenders don’t follow the BoC?
– theglobeandmail.com
Banks virtually always raise variable rates after a central bank rate hike, but borrowers have to hope they’ll get the full benefit when the central bank cuts, says Robert McLister
