Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Canadian inflation: What one expert is expecting from Tuesday's data - BNN Bloomberg + MORE Jul 17th
Canadian inflation: What one expert is expecting from Tuesday's data BNN BloombergSome economists expect inflation back in BoC target range for June Yahoo Canada FinanceWhat latest inflation data could mean for future interest rates in this week's Advisor Lookahead T.... More »
It’s probably time you switched banks—4 easy steps for Canadians + MORE Jun 29th
When you opened your first bank account, chances are it was with the same financial institution your parents used—because, why not? And given how loyal Canadians are to their banks, there’s a good chance you’re still banking with the same institution. In fact, 70% of Canadians held the sa.... More »
Best credit cards in Canada with free roadside assistance 2023 + MORE Jul 18th
Add “roadside assistance” to the list that includes a plunger, first-aid kit and a screwdriver small enough to fix your sunglasses: “Things you don’t realize you need, until you need them.” But this credit card perk can feel like you won the lottery when you’re stranded on the highway du.... More »
Want to raise your credit score in Canada? Avoid these 5 credit card mistakes + MORE Aug 26th
What is a credit score, and how does it affect your personal finances? Anytime you apply to borrow money, whether it’s a loan, a line of credit or a new credit card, lenders look at your credit rating—and your credit score is a big part of that.
Find your next credit card*
See cards tailor.... More »
The best high-interest savings accounts in Canada for 2023 Jul 19th
Save
The best high-interest savings accounts in Canada for 2023
Here are the accounts offering the highest interest rates and lowest fees.
Compare now
Tap the button for more details.
The rates i.... More »
First home savings account (FHSA) highlights
The FHSA is a type of registered account that allows you to contribute up to $8,000 annually, up to a lifetime limit of $40,000, to save for the purchase of your first home.FHSAs are scheduled to become available as early as April 1, 2023. However, availability will vary by financial institution. Many are expected to launch their FHSA later in 2023.
The FHSA is a type of registered account that allows you to contribute up to $8,000 annually, up to a lifetime limit of $40,000, to save for the purchase of your first home.FHSAs are scheduled to become available as early as April 1, 2023. However, availability will vary by financial institution. Many are expected to launch their FHSA later in 2023.
Canadians will soon be able to boost their savings for a down payment on a home with a new type of registered account. The first home savings account (FHSA) creates up to $40,000 in tax-free savings room for first-time home buyers who face barriers to entry into the real estate market. In this article, we’ll explain why the FHSA was created, how it works, and how you can maximize its potential—whether or not you’re saving for a home. (More on using it outside of home ownership later on.)
The best FHSA in Canada
Banks and other financial institutions can begin rolling out their FHSAs as early as April 1, 2023…
