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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Before the Bell: TSX poised for gains as banks beat Street + MORE May 26th
A look at overnight markets and what's ahead this trading day in North America
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A Decline in House Prices Could Lead to an Increase in Mortgage Defaults + MORE Jul 10th
The COVID-19 pandemic has had a profound impact on the Canadian economy. While the number of new cases is now trending in the right direction in many parts of the country, the economic carnage will continue to be felt for some time. One area that is being closely watched is the real estate sector. .... More »
Banks Have An Obsession with Cutting Costs Amid Record Profits Sep 10th
The Globe and Mail, Tim Kiladze, 9 September 2018
The extended bull market and booming economy is the stuff investors used to dream of. But for some, it's just not enough.
Coming off a quarter in which they collectively earned an eye-watering $11.6-billion, Canada's largest banks participated in a.... More »
The best GIC rates in Canada for August 2023 Aug 29th
Investing
The best GIC rates in Canada for August 2023
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Compare now
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Debt loads and soaring house prices a growing concern: Bank of Canada Jun 8th
THE CANADIAN PRESS/Sean Kilpatrick
The Bank of Canada says elevated home prices in Toronto and Vancouver and record levels of household debt have become bigger worries over the past six months. The central bank’s latest biannual review of the Canadian financial system says those two “vulnerabili.... More »
Rakoff vs. The Racket
– online.wsj.com
The courts, the SEC and big banks all like settlements.
Credit Card Review: RBC Visa Infinite Avion
– ratesupermarket.ca
If you’re on the market for a high quality travel rewards option, the RBC Avion has likely crossed your radar. RBC’s flagship card packs a big sign up punch, offering 15,000 bonus points upon first purchase, and extensive travel benefits and insurance.
RBC’s biggest selling point is the instant opportunity to fly, as their sign up bonus qualifies for a short-haul flight. However, its one-for-one earning potential and flexible redemption process make it a decent everyday option, long after that initial flight. Check out our breakdown of what’s great – and not so great – about this travel rewards card, and whether it’s a good fit for your wallet.
Note: This is a Visa Infinite Tier card – cardholders must have a good credit score to qualify, personal income requirements of $60,000 or a total family income of $100,000. Cardholders also have access to Visa Infinite benefits, including a 24-hour daily concierge, plus discounts and offers on dining and entertainment…
Microsoft to go on the offensive against hackers
– canada.com
Microsoft Corp. is coordinating a massive attack against hackers that, if successful, could unite computer makers, banks, government agencies and Internet Service Providers under one banner.
