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?
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The best high-interest savings accounts in Canada for 2023 Oct 20th
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The best high-interest savings accounts in Canada for 2023
Here are the accounts offering the highest interest rates and lowest fees.
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Judge rules Donald Trump committed fraud - CTV News + MORE Sep 26th
Judge rules Donald Trump committed fraud CTV NewsBREAKING: Judge finds Trump committed fraud in NY civil case MSNBCJudge rules Donald Trump defrauded banks, insurers while building real estate empire Toronto StarTrump Fraudulently Inflated Property Values, NY Judge R.... More »
Making sense of the markets this week: March 20 Mar 19th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The Fed moves, just a scooch
On Wednesday of this week, Federal Reserve chairman Jerome Power made the move on rates. The Federal Open Market Committee raise.... More »
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The First Home Savings Account is finally here. Here’s how it can save you thousands in taxes Apr 11th
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Best Kids Bank Accounts: How to Help Your Child Start Saving Today
– canadianfinanceblog.com
One of the best ways to set your child up for financial success early on is by opening them a youth bank account. With their account, you can begin to teach them important personal finance lessons, such as careful budgeting, smart saving, and mindful spending.
You may think that all youth savings accounts are the same, but you’d be surprised to know that the features vary between the different banks and credit unions. To help you find the right account to help your child save money, I’ve created the following guide to Canada’s best kids’ bank accounts. Before we dive into the list, here are some things to consider when choosing a children’s savings account.
What to Look for In a Youth Bank Account
While most youth bank accounts in Canada offer free banking, some accounts offer more interest than others, not to mention other unique perks. For example, two banks on this list are currently offering kids a $25 bonus just for signing up. And Scotiabank lets kids 14 and over earn rewards when they spend…
You may think that all youth savings accounts are the same, but you’d be surprised to know that the features vary between the different banks and credit unions. To help you find the right account to help your child save money, I’ve created the following guide to Canada’s best kids’ bank accounts. Before we dive into the list, here are some things to consider when choosing a children’s savings account.
What to Look for In a Youth Bank Account
While most youth bank accounts in Canada offer free banking, some accounts offer more interest than others, not to mention other unique perks. For example, two banks on this list are currently offering kids a $25 bonus just for signing up. And Scotiabank lets kids 14 and over earn rewards when they spend…