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.
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The best Visa credit cards in Canada for August 2023 Sep 1st
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The best Visa credit cards in Canada for August 2023
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PlayStation is the latest to join the Facebook ad boycott - Engadget + MORE Jul 2nd
PlayStation is the latest to join the Facebook ad boycott EngadgetCanada's largest banks add names to Facebook boycott targeting racism | Venture Daily HiveZuckerberg: Advertisers will be back to Facebook 'soon enough' BBC NewsThe hate Facebook fosters destroys lives.... More »
TransferWise Review: A Better Way to Conduct Foreign Exchange? Oct 11th
The high fees and bloated exchange rates incurred when sending and receiving foreign currency can be a bitter pill to swallow. This is especially true for anyone who has to send money abroad on a regular basis. Much of the problem lies in the exchange rates offered by banks, which are priced well ab.... More »
Banks Have An Obsession with Cutting Costs Amid Record Profits Sep 10th
The Globe and Mail, Tim Kiladze, 9 September 2018
The extended bull market and booming economy is the stuff investors used to dream of. But for some, it's just not enough.
Coming off a quarter in which they collectively earned an eye-watering $11.6-billion, Canada's largest banks participated in a.... More »
Canada’s best low-interest credit cards 2022 Oct 19th
If you carry a credit balance, or if you expect to take on debt that will take some time to pay off, you might want to consider a low-interest credit card. Whereas most regular credit cards charge around 20% in interest, these cards offer rates that can be half that or less. Some even come with attr.... More »
Regulators looking to strengthen banks’ cyber defences
– canadianbusiness.com
WASHINGTON – Federal regulators are looking to set up new standards for big banks’ planning and testing for possible cyberattacks. The aim is to bolster the banking industry’s defences amid concern over periodic security breaches at U.S. banks.
The move announced Wednesday by the Federal Reserve, the Federal Deposit Insurance Corp. and a Treasury Department banking agency is designed to get banks’ senior executives and directors to pay closer attention to cybersecurity, agency officials said.
Fed Chair Janet Yellen has said that cybercrime is a “very significant threat.”
The proposal, open to public comment for three months, would apply to banks with $50 billion or more in assets. That would affect several dozen major banks and a few big insurance companies, all deemed to be so interconnected with the financial system that a cyberattack against one of them could shake the system’s stability.
In a stunning incident early this year, hackers diverted $101 million from the Bangladesh central bank’s account at the New York Federal Reserve…
The move announced Wednesday by the Federal Reserve, the Federal Deposit Insurance Corp. and a Treasury Department banking agency is designed to get banks’ senior executives and directors to pay closer attention to cybersecurity, agency officials said.
Fed Chair Janet Yellen has said that cybercrime is a “very significant threat.”
The proposal, open to public comment for three months, would apply to banks with $50 billion or more in assets. That would affect several dozen major banks and a few big insurance companies, all deemed to be so interconnected with the financial system that a cyberattack against one of them could shake the system’s stability.
In a stunning incident early this year, hackers diverted $101 million from the Bangladesh central bank’s account at the New York Federal Reserve…
At midday: TSX rises with commodities
– theglobeandmail.com
Energy, banks push Wall Street higher, Intel limits gains
