Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Is now the time for retirees to sell stocks and buy GICs? Mar 4th
My husband is retired and concerned that his money that is invested in his RRSP and TFSA is fluctuating too much. He is retired and is wondering if his funds should be in a GIC account as it’s paying 4% and not losing principal. He’s concerned in this volatile market.—Rodeen
Are GICs a good.... More »
The close: TSX falls as BMO earnings weigh on banks May 24th
S&P 500 closes at record following Fed minutes
.... More »
Why do we rely on UK to disclose Canada’s pay inequity? Apr 7th
We have recent British legislation to thank for providing a glimpse into the grim reality that Canadian banks operating across the pond have a big gendered wage gap. UK data, compiled this week by Bloomberg News, summons more evidence, as if more is required, that transparency, both legislatively an.... More »
Get Ready for Springtime Spending + MORE Apr 23rd
Winter has finally lessened its grip, and cold weather-weary Canadians have emerged to enjoy the sunnier days. But it’s not just spring flowers that are in for a growth spurt; warmer weather can have a taxing effect on the wallet as well.
Read on for this week’s top savings tips, from the best .... More »
The close: TSX falls as oil prices weigh on energy stocks + MORE Oct 12th
Banks and media companies drag down Wall Street
.... More »
Bank of Canada Spring Review 2014: Loonies and Toonies in High Demand
– ratesupermarket.ca
This week, the Bank of Canada released its Spring Review of the Canadian Economy, outlining the top concerns facing our nation’s economic growth. This edition highlights how our current economic situation is strong – which has lead to foreign central banks to stock up on our Loonies and Toonies.
Here’s our breakdown of other highlights from the report:
Labour Market Recovery – The Numbers Aren’t Clear
In the review, the BoC calls to task the incomplete data on which employment numbers are based, stating labour recovery in Canada has been “moderately” overstated while in the U.S. the recovery has been “significantly” overstated. It stresses that a broad range of factors should be considered when assessing the state of the labour market – not just the rate of unemployment.
The Canadian Dollar as a Reserve Currency
Until the financial crisis in 2007 the five most common reserve currencies held by foreign central banks were the U.S. Dollar, Swiss Franc, Euro, Japanese Yen and British Pound…
Bank of Canada Spring Review 2014: Loonies and Toonies in High Demand
– ratesupermarket.ca
This week, the Bank of Canada released its Spring Review of the Canadian Economy, outlining the top concerns facing our nation’s economic growth. This edition highlights how our current economic situation is strong – which has lead to foreign central banks to stock up on our Loonies and Toonies.
Here’s our breakdown of other highlights from the report:
Labour Market Recovery – The Numbers Aren’t Clear
In the review, the BoC calls to task the incomplete data on which employment numbers are based, stating labour recovery in Canada has been “moderately” overstated while in the U.S. the recovery has been “significantly” overstated. It stresses that a broad range of factors should be considered when assessing the state of the labour market – not just the rate of unemployment.
The Canadian Dollar as a Reserve Currency
Until the financial crisis in 2007 the five most common reserve currencies held by foreign central banks were the U.S. Dollar, Swiss Franc, Euro, Japanese Yen and British Pound…
