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.
Latest News
Foreign competitors losing ground to bank-owned dealers in Canadian fixed-income market Sep 6th
Canadian banks already face little competition in the fixed-income market
.... More »
What Happens To Debt When You Get Married? + MORE Dec 15th
Many couples are getting married with a significant amount of debt. One or both partners might have student loans, credit card debt, a line of credit, an auto loan, or a mortgage. In 2014, Harris/Decima conducted a poll that showed two in five Canadian newlyweds enter their marriages with debt .... More »
Starbucks U.S. food waste plan has Canadian food banks 'delighted' Mar 26th
A lofty plan to reduce food waste at U.S. Starbucks locations by donating it to food banks won't be coming to Canada just yet, but some food banks here already have relationships with their local Starbucks..... More »
Home Capital Group says new mortgage rules have clients migrating from big banks Feb 15th
Home Capital Group Inc. believes early results from this year suggest that mortgage business may be migrating to the alternative lender after the federal banking regulator introduced tougher rules for uninsured mortgages at the beginning of the year — even though it too is required.... More »
Account Closed: How Bank 'De-Risking' Hurts Legitimate Customers Aug 13th
In their hunt for money launderers, regulators are forcing banks to shut down branches and reject business..... More »
There’s plenty to keep investor attention focused this week amid the latest growth figures from Canada and the U.S. along with earnings from most of Canada’s big banks.
How 1933 hurricane carved a lifeline for Ocean City
– canadianbusiness.com
OCEAN CITY, Md. – Sometimes a great opportunity comes out of a terrible disaster.
Eighty years ago, the Great Hurricane of 1933 ravaged Worcester County.
The boardwalk was destroyed. Streets were flooded. Homes and hotels were off their foundations. Cars were buried under sand. Electricity and water were cut off. Rivers and creeks were cresting over their banks. The auto causeway was impassable.
It had rained for days, and the coastal bays were swollen and full. Just when it seemed things couldn’t get worse, a monumental event occurred.
The pent-up flood waters in the bays burst through a low spot on the Ocean City island just south of the boardwalk, washing away town streets, the railroad bridge, fishing camps and the long-hated barrier between Sinepuxent Bay and the Atlantic Ocean.
The Ocean City Inlet was born. And things in Ocean City and Worcester County would never be the same.
“From all historical accounts I’ve read, the townspeople were tickled to death,” said local historian George Hurley, who is also a former president of both the Ocean City Town Council and the Worcester County Commissioners…
Eighty years ago, the Great Hurricane of 1933 ravaged Worcester County.
The boardwalk was destroyed. Streets were flooded. Homes and hotels were off their foundations. Cars were buried under sand. Electricity and water were cut off. Rivers and creeks were cresting over their banks. The auto causeway was impassable.
It had rained for days, and the coastal bays were swollen and full. Just when it seemed things couldn’t get worse, a monumental event occurred.
The pent-up flood waters in the bays burst through a low spot on the Ocean City island just south of the boardwalk, washing away town streets, the railroad bridge, fishing camps and the long-hated barrier between Sinepuxent Bay and the Atlantic Ocean.
The Ocean City Inlet was born. And things in Ocean City and Worcester County would never be the same.
“From all historical accounts I’ve read, the townspeople were tickled to death,” said local historian George Hurley, who is also a former president of both the Ocean City Town Council and the Worcester County Commissioners…
