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?
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Looking for a better interest rate? Want more accessible ATMs? Tired of paying fees for things like bank drafts? Whatever your reason, changing banks or opening a new bank account can take just a few clicks—if you’re prepared. Watch this two-minute video to see what documents you’ll need (even.... More »
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Is It Time to Say Goodbye to Your Starter Credit Card? Jul 28th
Nearly nine out of 10 Canadians have a credit card, according to Payments Canada. Not only that, but Canadians are also heavy credit card users, coming in second to South Korea in credit card volume per capita.
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Greek government concedes early elections likely, stock market suffers second day of losses
– canadianbusiness.com
ATHENS, Greece – The Greek stock market is suffering a second day of losses since reopening, as the country’s left-wing government conceded that dissent within the ruling party was likely to force an early election.
The main index was down 4 per cent soon after the start of trading Tuesday, with some banks again hitting the 30 per cent lower trading limit. Shares plummeted 16.2 per cent Monday, when it reopened after a five-week closure.
The plunge comes as Greece reels from the impact of limits on money withdrawals and transfers imposed June 29 to avoid a banking collapse as well as uncertainty over its negotiations for a new bailout and the stability of its government.
The government is relying on opposition party support for approval of new austerity measures demanded by bailout lenders, following a revolt by nearly one fourth of its own lawmakers.
Government spokeswoman Olga Gerovasili said the government would not form a national unity government and described early elections as “likely…
The main index was down 4 per cent soon after the start of trading Tuesday, with some banks again hitting the 30 per cent lower trading limit. Shares plummeted 16.2 per cent Monday, when it reopened after a five-week closure.
The plunge comes as Greece reels from the impact of limits on money withdrawals and transfers imposed June 29 to avoid a banking collapse as well as uncertainty over its negotiations for a new bailout and the stability of its government.
The government is relying on opposition party support for approval of new austerity measures demanded by bailout lenders, following a revolt by nearly one fourth of its own lawmakers.
Government spokeswoman Olga Gerovasili said the government would not form a national unity government and described early elections as “likely…
