Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
Key steps to getting out of credit card debt as the cost of borrowing rises Jul 12th
Paying off high-interest credit card debt should be a top priority — even if the big banks' decision to raise their prime rates doesn't directly impact credit card rates, says a credit counselling expert..... More »
Big banks boost prime lending rates following BoC rate hike + MORE Jul 13th
TORONTO — Canada’s five biggest banks are boosting their prime lending rates by 25 basis points, following an interest rate hike from the central bank.
Royal Bank of Canada (TSX:RY), the Bank of Montreal (TSX:BMO), TD Bank (TSX:TD), Scotiabank (TSX:BNS) and CIBC (TSX:CM) all announced Wedne.... More »
What's closed on Victoria Day - Toronto Sun + MORE May 21st
Toronto SunWhat's closed on Victoria DayToronto SunHere's a list of what is open, closed — and happening: CLOSED. • The Toronto Sun will not be publishing tomorrow, Victoria Day. •LCBO stores and the Beer Store. • Banks, government offices and municipal buildings, including librari.... More »
The Best Store Credit Cards of 2019 Dec 12th
We all have that favourite superstore – the one that sells everything under the sun, from car batteries and patio furniture to sports drinks and baby clothing.
And while we may spend hundreds or even thousands of dollars at these stores per year, it’s time to consider how you can get a return o.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Feb 3rd
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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Have You Had The Joint Bank Account Talk Yet?
– ratesupermarket.ca
No matter when you get married (or make the big move-in), the topic of money will eventually come up. And it should! Having a frank, open and honest discussion about finances with your future life partner is key to the success of any marriage. But depending how old you and your spouse are it can be hard to determine which accounts should be joint and which should remain separate. Priorities change as we get older and that should be taken into consideration. Money is still one of the top five reasons couples split. By combining your finances together in smart ways - that is also age appropriate – you and your partner will be headed to a healthy financial future.
Is Your Financial Plan Built For A Pair?
Recently TD Canada Trust did a survey asking couples about the top three personal finance products that Canadians combine with their partner. They answered:
Joint bank account (64 per cent)
A mortgage (60 per cent)
A joint credit card (50 per cent)
But only 36 per cent of couples have a joint financial plan…
