The “Big Five” Canadian banks include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Are there other viable options?
Latest News
Business Highlights + MORE Oct 26th
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Some buyers call classes by ‘Flip or Flop’ stars misleading
NEW YORK (AP) — HGTV “Flip or Flop” stars Tarek and Christina El Moussa are capitalizing on their fame by offering pricy classes that promise to teach people how to flip homes for profit. But some participants .... More »
Big banks set to reveal quarterly profits as NAFTA fears and rate hikes loom Aug 21st
The big Canadian banks are set to reveal their quarterly earnings over the next week, and investors will take a close look to see whether anxiety over higher interest rates and an uncertain trade environment are hurting the economy's prospects..... More »
Revenge of the comment section: Don't blame the banks... entirely: Opinion Mar 19th
CBC commenters generally agree that banks shouldn't engage in high-pressure tactics to meet sales goals, but many point out that consumers also need to learn more about debt and how to manage their money..... More »
How does interest work in a savings account? Sep 10th
Do you know how interest rates work when it comes to your bank account? If not, you’re not alone. Nearly four in 10 Canadians surveyed don’t fully understand it, according to research by Angus Reid on behalf of PC Financial.
When you hold money in a savings account, interest is money you rece.... More »
Visa vs. Mastercard: What are the differences—and do they matter? Aug 21st
A frequent question we hear at MoneySense is: Which is better—Visa or Mastercard? When looking for a credit card, there are all sorts of things to consider. What is the interest rate? Can you collect rewards points or cash back for making purchases? Is there a bonus for signing up, and what perks .... More »
Banks taking notice of online lenders, panel told
– theglobeandmail.com
The companies provide small loans that the banks might not otherwise make
The Latest Scams: Are You Safe?
– ratesupermarket.ca
They say March comes in like a lion and out like a lamb – and in Canada, it’s also Fraud Prevention Month! Across the nation, government initiatives are working to educate Canadians of rising scam trends. Are you up to speed?
Meanwhile, Ontario readers react to new gas price hikes, and some university students are in for a free ride. Read on for the full story.
Fraud Prevention Month: Beware These Top Three Scams
Did you know March is Fraud Prevention Month in Canada? New scams are constantly evolving to part you from your hard-earned cash. Read on to learn more about emerging fraud trends, how to report them – and how to avoid them in the first place.
Read Andrew’s Blog | Beware These Top Three Scams
The Best Credit Cards for Shopping
Attention savvy shoppers – want your dollars to go further at the till? Turns out, hitting the mall can amp up your credit card rewards, as several retailers and lenders are partnered to provide their own loyalty programs. We’ve rounded up the best options in Canada – read on for the full story…
