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.
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The best high-interest savings accounts in Canada for 2025 + MORE Jul 15th
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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The best high-interest savings accounts in Canada for 2025 + MORE Mar 18th
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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MoneySense is an.... More »
The 16 best credit cards in Canada for August 2023 + MORE Aug 16th
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The 16 best credit cards in Canada for August 2023
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Video: How the bank of Canada’s interest rate affects you Mar 8th
Think of the Bank of Canada (BoC) as the “influencer of all influencers” when it comes to interest rates. Banks and other financial institutions follow its lead. Learn more about how the BoC’s overnight interest rate impacts you in this short video, featuring MoneySense executive editor Lisa H.... More »
How to Encourage Employees to Return to the Office Jun 20th
Intelliware is a software-development company based in Toronto that builds digital solutions and online platforms—apps and websites—for major institutions, including Canada’s banks. Prior to the pandemic, Intelliware had roughly 100 employees, 65 per cent of whom worked in the office every day.... More »
THE CANADIAN PRESS/Sean KilpatrickThe 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 “vulnerabilities” have worsened since its last report.
Still, the central banks continues to see those factors as red flags, not full-fledged threats. The June Financial System Review (FSR) says there is only a moderate threat of a financial crisis occurring, the same as its previous report.
Glass half full: Household debt continues to grow much faster than wages. Because of that, a recession could have a big impact on the economy. However, policy makers don’t want us to worry too much: they grade the risk of a “severe” downturn as “low.” The latest FSR also looks closer at how a price correction in Toronto and Vancouver would play out in the broader economy. They conclude the impact likely would be contained…
