Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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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 »
Getting paid in bitcoin: What you need to know Jun 8th
Would you want to be paid in bitcoin? As bitcoin and other cryptocurrencies become more mainstream, your employer might one day give you the option. And if you’re self-employed, you might consider taking payments in crypto—if you can stomach its volatility. Younger generations, in particular, ar.... More »
Making sense of the markets this week: October 23 Oct 21st
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
Bank on higher interest rates leading to increased profits
U.S. earnings season is in full swing, and the banks were some of the fi.... More »
The best GIC rates in Canada for 2023 Oct 24th
Investing
The best GIC rates in Canada for 2023
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Find the best rate
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Even Deutsche Bank is getting out of Russia - CNN + MORE Mar 12th
Even Deutsche Bank is getting out of Russia CNNDeutsche Bank faces criticism for remaining in Russia as others cut off links The Globe and MailDeutsche Bank refuses to pull all its Russia business CNBC TelevisionAll the Ways Banks Can Get Hit by Putin's War &nbs.... More »
Canadian Credit Card Companies Are Offering Relief to Customers Affected by COVID-19
– ratesupermarket.ca
Early last week, the government announced a myriad of relief efforts, including immediate plans to extend the 2019 tax deadline for individuals to June 1, 2020. Following suit, major cities, including Toronto, granted extensions to grace periods for utility bill payments and launched measures for further aid.
The top Canadian banks announced unprecedented mortgage relief to homeowners affected by COVID-19. “This support will include up to a six-month payment deferral for mortgages, and the opportunity for relief on other credit products,” the press release noted.
To relieve financial pressures amid the COVID-19 crisis, many Canadian financial institutions are standing by their customers and supporting them through the uncertainty.
Although most banks have closed their doors to safeguard the health and well-being of their staff and customers, online services and contact centres are open to answer questions and provide assistance. In terms of credit products, here is what customers can expect…
Canadian Credit Card Companies Are Offering Relief to Customers Affected by COVID-19
– ratesupermarket.ca
Early last week, the government announced a myriad of relief efforts, including immediate plans to extend the 2019 tax deadline for individuals to June 1, 2020. Following suit, major cities, including Toronto, granted extensions to grace periods for utility bill payments and launched measures for further aid.
The top Canadian banks announced unprecedented mortgage relief to homeowners affected by COVID-19. “This support will include up to a six-month payment deferral for mortgages, and the opportunity for relief on other credit products,” the press release noted.
To relieve financial pressures amid the COVID-19 crisis, many Canadian financial institutions are standing by their customers and supporting them through the uncertainty.
Although most banks have closed their doors to safeguard the health and well-being of their staff and customers, online services and contact centres are open to answer questions and provide assistance. In terms of credit products, here is what customers can expect…