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
Toronto stock index climbs on banks, industrials + MORE May 23rd
Canada's main stock index chalked up a moderate gain today as financial stocks got a boost ahead of Canadian bank earnings this week..... More »
How a career in hearing loss can break Canada’s sound barrier Nov 3rd
Bend an ear: Audiology programs train specialists to give deaf Canadians a voice in courts, banks, hospitals and interviews (Photograph by Nick Iwanyshyn)
Pardon me?
Some say hearing is the sense that connects us most of all. Being blind may separate us from things, but being deaf separates us from .... More »
Canada’s best balance transfer credit cards 2022 Nov 1st
If you carry a balance on a regular credit card, chances are you’re paying around 20% in interest. At that rate, it can become difficult to keep up with the payments and your debt can spike—fast. Moving your credit card debt to a balance transfer credit card can help you pay off the principal mo.... More »
The best GIC rates in Canada for 2025 + MORE Dec 2nd
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Review: MBNA Platinum Plus MasterCard® Jul 6th
Tired of paying sky-high interest on your credit card balance? Here’s a way to take a break – for an entire year! The MBNA Platinum Plus MasterCard® credit card is our Best of Finance 2015 winner for best low balance transfer credit card. It offers a 0% rate for 12 months on balances moved ove.... More »
China January new yuan loans climb to record high in seasonal surge – Reuters Canada
– news.google.ca
Reuters CanadaChina January new yuan loans climb to record high in seasonal surgeReuters CanadaBEIJING (Reuters) – Chinese banks armed with fresh lending quotas extended a record 2.51 trillion yuan ($385.40 billion) of new loans in January, far more than markets had expected, suggesting Beijing is keeping monetary policy loose to counter a …China's new yuan loans soar in JanuaryXinhuaNew loans extended by China banks hit fresh highDaily NewsYuan declines most in a month as PBOC allows greater flexibilityTHE BUSINESS TIMESall 755 news articles »
China January new yuan loans climb to record high in seasonal surge – Reuters Canada
– news.google.ca
Reuters CanadaChina January new yuan loans climb to record high in seasonal surgeReuters CanadaBEIJING (Reuters) – Chinese banks armed with fresh lending quotas extended a record 2.51 trillion yuan ($385.40 billion) of new loans in January, far more than markets had expected, suggesting Beijing is keeping monetary policy loose to counter a …China's new yuan loans soar in JanuaryXinhuaNew loans extended by China banks hit fresh highDaily NewsYuan declines most in a month as PBOC allows greater flexibilityTHE BUSINESS TIMESall 755 news articles »
Asian stocks rise again on stimulus hopes, yuan’s gain
– canadianbusiness.com
HONG KONG – Asian stocks rose for a second day Tuesday as a strengthening yuan and hopes for more central bank stimulus gave investors relief from the mauling that markets have suffered so far this year.
KEEPING SCORE: Japan’s benchmark Nikkei 225 index added 0.2 per cent to 16,054.43 after soaring 7.2 per cent the day before, which was its biggest daily gain since September. South Korea’s Kospi rose 1.4 per cent to 1,887.05 and Hong Kong’s Hang Seng advanced 1.3 per cent to 19,159.76. The Shanghai Composite Index in mainland China gained 3 per cent to 2,827.84 and Australia’s S&P/ASX 200 was up 1.4 per cent to 4,810.00. Benchmarks in Taiwan and most of Southeast Asia also rose.
STIMULUS HOPES: With U.S. markets closed for a holiday and therefore providing no guidance in either direction, the global stock rally extended into a second day. Investor sentiment remained positive that central banks would continue to ease monetary policy thanks to comments from the head of the European Central Bank…
KEEPING SCORE: Japan’s benchmark Nikkei 225 index added 0.2 per cent to 16,054.43 after soaring 7.2 per cent the day before, which was its biggest daily gain since September. South Korea’s Kospi rose 1.4 per cent to 1,887.05 and Hong Kong’s Hang Seng advanced 1.3 per cent to 19,159.76. The Shanghai Composite Index in mainland China gained 3 per cent to 2,827.84 and Australia’s S&P/ASX 200 was up 1.4 per cent to 4,810.00. Benchmarks in Taiwan and most of Southeast Asia also rose.
STIMULUS HOPES: With U.S. markets closed for a holiday and therefore providing no guidance in either direction, the global stock rally extended into a second day. Investor sentiment remained positive that central banks would continue to ease monetary policy thanks to comments from the head of the European Central Bank…
Are Fees Eroding Your Wealth?
– canadianfinanceblog.com
When you think about what’s holding you back when it comes to wealth, you probably don’t think too much about the small things, like fees.Unfortunately, it’s easy to overlook fees. They seem rather small, and it doesn’t seem as though they will have a big impact on your finances. The reality, though, is that fees can have an impact on your finances. Over time fees can add up, eroding your wealth and even resulting in missed opportunities.
Are You Paying these Common Fees?
First of all, take stock of the fees you are paying. Look through your bank statements to see where your money is going, and see if you can pinpoint the extra fees you don’t need.
In some cases, as with many investments, you can’t avoid fees altogether. When you invest, fees are just part of the equation. However, you can reduce the fees that you pay with a little looking around. Here are some of the more common fees that you might be paying, and how to stop paying them:
Bank Account Fees:
From monthly maintenance fees to ATM fees, banks often charge fees…
