Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
New Aeroplan Members Can Get 2,500 Bonus Miles This Month Sep 11th
For a limited time, new Aeroplan members can get 2,500 bonus miles (soon to be Aeroplan points) when they join and earn their first mile before the end of September 2020.
Members can earn miles through in-store and online purchases at partner brands by scanning their Aeroplan card or using their Ae.... More »
The best credit cards in Canada for 2023 Dec 7th
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The best credit cards 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.
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RBC InvestEase Review: Can a Big Bank Robo-Advisor Stack Up to the Competition? Dec 17th
With the surge in popularity of robo-advisor platforms like Wealthsimple in recent years, it was only a matter of time before Canada’s big banks got in on the action. RBC made its foray into Canada’s robo-advisor scene in 2018 when they launched RBC InvestEase. In this RBC InvestEase review, Iâ€.... More »
Motive Financial Review – Canada’s Best High Interest Savings Account? Jul 18th
Motive Financial is the online banking arm of Canadian Western Bank, which is a Schedule I bank. As with other online only banks, such as Tangerine or EQ, Motive has become popular with Canadians who appreciate the low fees an higher interest that they are able to offer. But how does Motive measure .... More »
Bank of Canada expected to raise its key rate for first time in nearly seven years + MORE Jul 12th
The Bank of Canada is expected to raise its key interest rate target for the first time in nearly seven years on Wednesday following signs the economy is well on the road to recovery after the crash in oil prices.
Low interest rates have helped fuel the housing market in recent years, incentivizing .... More »
As Canada’s first oilsands mine nears 50 year mark, site a contrast of old, new
– canadianbusiness.com
Nearly 50 years after the opening of Canada’s first major oilsands mine, the site on the banks of Alberta’s Athabasca River is an epicentre of energy, teeming with bustling workers amid signs of its pioneering past and cutting-edge future.
One of the mine’s upgraders _ opened in September 1967 _ turns heavy, sticky oilsands bitumen into light synthetic oil to ship to market. In the very near future, the ore containing that bitumen may be hauled by driverless trucks currently undergoing testing on site.
“Technology is a wonderful thing,” said Bill Bruce, general manager of mine production at the Suncor Energy Base Plant, located 24 kilometres north of Fort McMurray.
“In some cases people are afraid of it, but if you don’t evolve as an organization or as people, you will be left behind.”
Canada’s oilsands are at a crossroads. Estimated to contain 166 billion barrels of crude recoverable with today’s technology, they are also loathed by environmentalists who fear their development will accelerate climate change…
One of the mine’s upgraders _ opened in September 1967 _ turns heavy, sticky oilsands bitumen into light synthetic oil to ship to market. In the very near future, the ore containing that bitumen may be hauled by driverless trucks currently undergoing testing on site.
“Technology is a wonderful thing,” said Bill Bruce, general manager of mine production at the Suncor Energy Base Plant, located 24 kilometres north of Fort McMurray.
“In some cases people are afraid of it, but if you don’t evolve as an organization or as people, you will be left behind.”
Canada’s oilsands are at a crossroads. Estimated to contain 166 billion barrels of crude recoverable with today’s technology, they are also loathed by environmentalists who fear their development will accelerate climate change…
