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
When banks cash your same cheque twice, you may be on the hook to pay Apr 2nd
Business owners Stefan Marten and Pearl Scott-Marten had to fight to get money back from their credit union after several of the couple's employees cashed their paycheques twice using increasingly popular banking apps that allow cheques to be deposited with a photo..... More »
Scotiabank Passport™ Visa Infinite* Review + MORE May 17th
Attention MoneyWise readers! Sign up for the Scotiabank Passport™ Visa Infinite* Card today and for a limited time, get up to 25,000 bonus points with your first $1,000 in everyday purchases in the first three months. That’s already $250-worth of rewards!
And for a limited time, get $75 IN.... More »
Canadian Parents Spending More on Back-to-School than Holiday Gifts Aug 14th
With September just around the corner, kids across the nation are likely dreading the thought of going back to school, and parents are likely dreading the costs that come with it.
From clothing and technology to snacks and supplies, a recent RetailMeNot.ca survey found 53 per cent of Canadian paren.... More »
Durbin's Debit-Card Price Controls Hit the Poor Hardest May 2nd
Limits on fees lead banks to charge the poor more for other services—or to stop offering them at all..... More »
Alternative lender Equitable says all 6 big banks have agreed to fund $2B backstop May 4th
Alternative lender Equitable Group Inc. says all six of Canada's big banks have agreed to loan the company up to $2 billion, should the need arise..... More »
'It’s about the customers:' Canada's big banks defend adoption of Apple Pay
– theglobeandmail.com
Apple may be partnering with Canadian banks with its payment service, but that could mean revenue loss for the financial establishments