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
The best GIC rates in Canada for 2026 + MORE Apr 21st
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Allowance apps are the modern piggy banks and they could really help your kids Nov 29th
Canadian youth get top marks for financial literacy but more than one in ten 15-year-olds struggle with basic financial skills. But new allowance apps can help them manage their chores and allowance..... More »
The best GIC rates in Canada for 2024 Nov 26th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigat.... More »
Mortgage broker vs. bank—which will save you more money? + MORE Jun 1st
Choosing a mortgage broker or a bank for your home loan will likely influence which mortgage you end up with. On top of that, there are pluses and minuses to both, as we detail in the table below. Before we dive into which may best suit your financial situation, let’s look at the differences betwe.... More »
Canada’s banks pumped up the housing bubble + MORE Mar 10th
Royal Bank of Canada Chief Executive David McKay flattered some Bay Street reporters with rare interviews the other day, having just conducted another clinic in money making by guiding his 148-year-old institution to a record quarterly profit of $3 billion. What better time for a banker to subject .... More »
Canadian banks tighten credit lines to energy firms amid weak oil prices
– theglobeandmail.com
Struggling oil prices stoke fears among some of Canada’s biggest lenders that debt-saddled energy companies will default on loans they can no longer afford to service
