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?
Latest News
Friendly collaboration permeates roundtable of banks, fintech firms Nov 18th
Panelists point out that it is often in the best interests of fintech companies and established players to work together
.... More »
Bank Websites: The Good, The Bad and the Ugly – Pt.1 + MORE Jun 4th
By Derek Nicholson
SURVEY ALERT – Enter to win for a $50 gift card by telling us what YOU like (or don’t) about YOUR bank! (Survey ends June 12, 2015)
As online and mobile banking methods are increasingly adopted by Canadian consumers, and with the growing number of online-based banks t.... More »
United, Iberia airlines pull out of Nigeria; funds blocked Jun 8th
LAGOS, Nigeria – U.S. airline United and Spain’s Iberia are pulling out of Nigeria as the government is urged to release more than $600 million in air ticket sales blocked by the West African nation’s chronic foreign currency shortage.
The International Air Transport Association.... More »
Making sense of the markets this week: March 19, 2023 Mar 17th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
Why are banks suddenly folding?
The big news of the week was, of course, that the 12th biggest bank in the U.S.A.—Silicon Valley .... More »
Boomer generation to inherit an estimated $750 billion + MORE Jun 6th
TORONTO – One of Canada’s big banks estimates that $750 billion will be inherited by members of the Boomer generation over the next decade.
CIBC says there are currently about 2.5 million Canadians over the age of 75 with a total net worth of $900 billion or more.
Are there ways to avoid tax on .... More »
Canadian Lenders Fret About Apple Pay
– blogs.wsj.com
As talks heat up between Canada’s six biggest banks and Apple Inc. about launching Apple Pay north of the border, lenders here fret the mobile-payments service could deliver a blow to their credit-card revenues,
Business Highlights
– canadianbusiness.com
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After Alps crash, some experts ponder flights without pilots
NEW YORK (AP) — To improve airline safety, maybe we need to remove the pilots.
That radical idea is decades away, if it ever becomes a reality. But following the intentional crashing of Germanwings Flight 9525 by the co-pilot, a long-running debate over autonomous jets is resurfacing. At the very least, some have suggested allowing authorities on the ground to take control of a plane if there is a rogue pilot in the cockpit.
The head of Germany’s air traffic control agency on Wednesday became the latest to raise such a prospect.
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Why banks made more money last quarter
NEW YORK (AP) — Wall Street and Main Street gave banks a boost last quarter.
Fees from corporate mergers and commissions from trading fueled profits at big financial firms. But average Americans also helped by taking out more home loans and paying off their debts.
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Google shaking up search recommendations on smartphones
SAN FRANCISCO (AP) — Google is about to change the way its influential search engine recommends websites on smartphones in a shift that’s expected to sway where millions of people shop, eat and find information…
After Alps crash, some experts ponder flights without pilots
NEW YORK (AP) — To improve airline safety, maybe we need to remove the pilots.
That radical idea is decades away, if it ever becomes a reality. But following the intentional crashing of Germanwings Flight 9525 by the co-pilot, a long-running debate over autonomous jets is resurfacing. At the very least, some have suggested allowing authorities on the ground to take control of a plane if there is a rogue pilot in the cockpit.
The head of Germany’s air traffic control agency on Wednesday became the latest to raise such a prospect.
___
Why banks made more money last quarter
NEW YORK (AP) — Wall Street and Main Street gave banks a boost last quarter.
Fees from corporate mergers and commissions from trading fueled profits at big financial firms. But average Americans also helped by taking out more home loans and paying off their debts.
___
Google shaking up search recommendations on smartphones
SAN FRANCISCO (AP) — Google is about to change the way its influential search engine recommends websites on smartphones in a shift that’s expected to sway where millions of people shop, eat and find information…
