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.
Latest News
Questrade vs. Wealthsimple: which online investing service is right for you? + MORE Dec 6th
If you’ve decided to try out online investing and have narrowed down your choices to Wealthsimple and Questrade—congratulations! Both are solid Canadian options that can help you grow your money and achieve your investment goals.
But choosing between the two can be tricky. While the two financia.... More »
With a global debt load of $291 trillion, these are dangerous times Jan 6th
(iStock)
Scribes of my generation were programmed to keep numbers out of the first sentence of works of journalism. Now that we are in the second sentence, I can relay the Institute of International Finance’s latest tally of global debt: $291 trillion at current exchange rates. That’s the most .... More »
Should You Give Your Teen a Credit Card? Dec 16th
Over one-third of Canadians share a joint credit card with their partner, parent, or child, according to a recent survey conducted by Rates.ca. Among the parents who share their credit card with their children, 63% said that managing their children’s purchases is less difficult than it was two ye.... More »
Coronavirus: What's happening in Canada and around the world on Saturday - CBC.ca + MORE Apr 4th
Coronavirus: What's happening in Canada and around the world on Saturday CBC.caMilitary heading to Quebec, $100M coming for food banks: PM CTV NewsGST credit payments to low-income earners to arrive one month earlier National PostApril 4: ‘Justin Trudeau may have w.... More »
Achieva Financial Review: Digital Banking from the Heart of Canada Dec 18th
Canadians are fortunate to have so many choices regarding no-fee online banking and high-interest savings accounts. Names like Tangerine, EQ, and Simplii have become commonplace, to mention just a few. But if you’re shopping around for a digital bank to deal with, there’s another name you can ad.... More »
Business Highlights
– canadianbusiness.com
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For ECB and Fed, Trump complicates decisions on rate policy
FRANKFURT, Germany (AP) — Donald Trump’s surprise election victory has helped solidify expectations for an interest rate increase next month by the U.S. Federal Reserve — but may have complicated a decision for the European Central Bank, which faces a difficult choice over more stimulus.
For the ECB, the issue is what to do about its bond-buying program, which pumps new money into Europe’s struggling economy each month to try to accelerate growth and inflation.
The Fed and the ECB — two of the world’s most important central banks — will be making its policy decisions before Trump is inaugurated Jan. 20, while still weighing what he might do as president.
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Trump set to roll back Obama policies on energy, environment
WASHINGTON (AP) — President-elect Donald Trump is considering an oil billionaire and a North Dakota lawmaker for top posts as he moves to roll back President Barack Obama’s environmental and energy policies and allow unfettered production of oil, coal and natural gas…
For ECB and Fed, Trump complicates decisions on rate policy
FRANKFURT, Germany (AP) — Donald Trump’s surprise election victory has helped solidify expectations for an interest rate increase next month by the U.S. Federal Reserve — but may have complicated a decision for the European Central Bank, which faces a difficult choice over more stimulus.
For the ECB, the issue is what to do about its bond-buying program, which pumps new money into Europe’s struggling economy each month to try to accelerate growth and inflation.
The Fed and the ECB — two of the world’s most important central banks — will be making its policy decisions before Trump is inaugurated Jan. 20, while still weighing what he might do as president.
___
Trump set to roll back Obama policies on energy, environment
WASHINGTON (AP) — President-elect Donald Trump is considering an oil billionaire and a North Dakota lawmaker for top posts as he moves to roll back President Barack Obama’s environmental and energy policies and allow unfettered production of oil, coal and natural gas…
SEC Chair White leaving at end of Obama administration
– canadianbusiness.com
WASHINGTON – The head of the Securities and Exchange Commission, Mary Jo White, will leave office at the end of the Obama administration, the agency said Monday.
White, a former federal prosecutor and private securities lawyer, was appointed by President Barack Obama in February 2013. Her term doesn’t end until 2019.
President-elect Donald Trump is due to take office Jan. 20 and likely will name his own choice to head the market watchdog agency in the near future. His nominee could move to unwind restrictions on Wall Street banks and corporations. The Trump transition team has set as a goal to “dismantle” the Dodd-Frank reforms law enacted in response to the 2008 financial crisis.
Paul Atkins, a former SEC commissioner who is the team’s point man for financial regulatory agencies, is an avowed opponent of regulating Wall Street.
White, an Independent, has had to forge consensus amid sometime robust opposition from the two Republicans on the five-member commission…
White, a former federal prosecutor and private securities lawyer, was appointed by President Barack Obama in February 2013. Her term doesn’t end until 2019.
President-elect Donald Trump is due to take office Jan. 20 and likely will name his own choice to head the market watchdog agency in the near future. His nominee could move to unwind restrictions on Wall Street banks and corporations. The Trump transition team has set as a goal to “dismantle” the Dodd-Frank reforms law enacted in response to the 2008 financial crisis.
Paul Atkins, a former SEC commissioner who is the team’s point man for financial regulatory agencies, is an avowed opponent of regulating Wall Street.
White, an Independent, has had to forge consensus amid sometime robust opposition from the two Republicans on the five-member commission…
