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
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 »
The best GIC rates in Canada for 2024 Dec 30th
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 »
Making sense of the markets this week: October 2 Oct 1st
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
Bears are beating the bulls this year, but don’t bulls always win?
As share prices continue to fall faster than earnings in almos.... More »
Of government and golf courses: Mulroney’s East Coast experiment, 30 years later Dec 11th
HALIFAX _ Ben Cowan-Dewar was a bright-eyed 25-year-old entrepreneur when he visited Inverness, N.S., and saw a jaw-dropping landscape fit for a luxury golf course.
Past the abandoned mines and hardscrabble edges of the Cape Breton village, he envisioned a boutique 18-hole course and upscale resort .... More »
Find the best mortgage rates in Canada + MORE Oct 22nd
Mortgage rate comparison tool
Shopping around for the best rate can save you thousands on your mortgage. To instantly compare rate types and terms, click on the filters icon beside the down payment percentage in the Ratehub mortgage rate finder below. Input your location, the price of the home yo.... More »
Banks reach $154.3 million settlement on “dark pool” fraud
– canadianbusiness.com
WASHINGTON – Two major global banks, Barclays and Credit Suisse, will pay a combined $154.3 million to settle state and federal investigations that they misled clients about the safety of trading on their “dark pool” financial exchanges, the Securities and Exchange Commission said Sunday.
The banks left their customers on these private exchanges vulnerable to “predatory, high-frequency traders” that could intercept their financial trades, despite assurances by Barclays and Credit Suisse to the contrary, according to a draft statement from the New York Attorney General obtained by The Associated Press.
“These cases mark the first major victory in the fight to combat fraud in dark pool trading,” said New York Attorney General Eric Schneiderman in the statement. “We will continue to take the fight to those who aim to rig the system and those who look the other way.”
The SEC and New York Attorney General had planned to announce the joint settlement Monday before it was reported by The Wall Street Journal Sunday morning…
The banks left their customers on these private exchanges vulnerable to “predatory, high-frequency traders” that could intercept their financial trades, despite assurances by Barclays and Credit Suisse to the contrary, according to a draft statement from the New York Attorney General obtained by The Associated Press.
“These cases mark the first major victory in the fight to combat fraud in dark pool trading,” said New York Attorney General Eric Schneiderman in the statement. “We will continue to take the fight to those who aim to rig the system and those who look the other way.”
The SEC and New York Attorney General had planned to announce the joint settlement Monday before it was reported by The Wall Street Journal Sunday morning…

MONTREAL – Canadian food banks hope that the pinch they’re feeling from rising food prices isn’t snowballing into a full-fledged crisis.
While each agency has unique circumstances, many say higher prices during the peak winter period are limiting how much food they can purchase and having an impact on donations while also spurring a greater demand for their services.
“The difficult thing for any food bank is trying to prepare for the year ahead and what might happen in a situation like that,” said Michael Maidment, executive director of the Ottawa Food Bank.
Fresh produce prices began to surge after Christmas as adverse weather in U.S. growing regions and a weaker Canadian dollar caused the cost of imports to soar. Some food banks shifted what they handed out, turning more to canned and frozen goods. Most tried to access locally grown produce, particularly root vegetables.
But Maidment said vegetable vendors have warned to expect higher prices for those items too due to the greater demand…
Canadian food banks fear perfect storm from rising fresh food prices
– canadianbusiness.com
MONTREAL – Canadian food banks hope that the pinch they’re feeling from rising food prices isn’t snowballing into a full-fledged crisis.
While each agency has unique circumstances, many say higher prices during the peak winter period are limiting how much food they can purchase and having an impact on donations while also spurring a greater demand for their services.
“The difficult thing for any food bank is trying to prepare for the year ahead and what might happen in a situation like that,” said Michael Maidment, executive director of the Ottawa Food Bank.
Fresh produce prices began to surge after Christmas as adverse weather in U.S. growing regions and a weaker Canadian dollar caused the cost of imports to soar. Some food banks shifted what they handed out, turning more to canned and frozen goods. Most tried to access locally grown produce, particularly root vegetables.
But Maidment said vegetable vendors have warned to expect higher prices for those items too due to the greater demand…
While each agency has unique circumstances, many say higher prices during the peak winter period are limiting how much food they can purchase and having an impact on donations while also spurring a greater demand for their services.
“The difficult thing for any food bank is trying to prepare for the year ahead and what might happen in a situation like that,” said Michael Maidment, executive director of the Ottawa Food Bank.
Fresh produce prices began to surge after Christmas as adverse weather in U.S. growing regions and a weaker Canadian dollar caused the cost of imports to soar. Some food banks shifted what they handed out, turning more to canned and frozen goods. Most tried to access locally grown produce, particularly root vegetables.
But Maidment said vegetable vendors have warned to expect higher prices for those items too due to the greater demand…


