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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The best GIC rates in Canada for 2026 Feb 4th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
TD Bank says anti-money laundering steps coming along as it reports $4.25B Q2 profit - Yahoo! Finance Canada + MORE May 28th
TD Bank says anti-money laundering steps coming along as it reports $4.25B Q2 profit Yahoo! Finance CanadaTD Bank posts profit jump on strong interest income The Globe and MailTD Bank Lifts Dividend After Strong Quarter for Operations WSJTD’s Earnings Beat Caps Off.... More »
Banking with a credit union can save on fees—but there are limitations + MORE Aug 29th
On the surface, banking with a credit union may seem a lot like a traditional bank. But it’s not.
Credit unions are similar to commercial banks in that they offer chequing and savings accounts, mortgages, business loans, online banking and registered savings plans—all for lower or no fees .... More »
Who to name as executor when family members aren’t an option Feb 22nd
Ask MoneySense
We are told to have a will, but what do you do if you have no family, or if you do, they reside overseas?
To our surprise, we learned that the big Canadian banks offer executor and power of attorney (POA) services. It’s not well advertised on their websites.
We have interviewe.... More »
The best GIC rates in Canada for 2024 May 24th
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The best GIC rates in Canada for 2024
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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How To Get The Best Home Insurance Quote in Canada
– canadianfinanceblog.com
Unlike car insurance, in Canada, there is no legal requirement to have homeowners insurance. But that doesn’t mean you should go without it. Find out why you need insurance and how to get the best homeowners insurance quotes in Canada.
Why Do Homeowners Need Insurance in Canada?
Although not legally required, home insurance is mandated by most (if not all) lenders as a condition of getting a mortgage. Home insurance protects the interest of banks and lenders.
Insurance also provides financial security should something unexpected happen to your home. With insurance, you will not have to worry about how you will pay for the cost of repairs to your home, the replacement of your possessions, or the legal costs should someone get hurt on your property.
How Does Homeowners Insurance Work?
Home insurance is very similar to car insurance in that you pay an annual premium either as a lump sum or in monthly payments.
The insurance company then provides you financial protection should you need to make a claim…
Why Do Homeowners Need Insurance in Canada?
Although not legally required, home insurance is mandated by most (if not all) lenders as a condition of getting a mortgage. Home insurance protects the interest of banks and lenders.
Insurance also provides financial security should something unexpected happen to your home. With insurance, you will not have to worry about how you will pay for the cost of repairs to your home, the replacement of your possessions, or the legal costs should someone get hurt on your property.
How Does Homeowners Insurance Work?
Home insurance is very similar to car insurance in that you pay an annual premium either as a lump sum or in monthly payments.
The insurance company then provides you financial protection should you need to make a claim…
