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
European Central Bank review shows hole in Greek banks’ finances smaller than first feared Oct 31st
FRANKFURT – The European Central Bank says Greece’s battered banks need 14.4 billion euros ($15.8 billion) in fresh money to get back on their feet and resume normal business.
The figure announced Saturday is the result of an ECB review of Greece’s four main banks following an agre.... More »
Compare the best savings accounts in Canada for 2023 Jan 28th
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The best savings accounts in Canada for 2023
Here are the best accounts to hold your savings.
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Scan the savings account comparison table above to view interest rates offered by financial institu.... More »
The best GIC rates in Canada for 2023 Oct 24th
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The best GIC rates in Canada for 2023
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Find the best rate
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As Expected: Bank of Canada Maintains 1% Overnight Rate + MORE Dec 6th
In its last announcement for the year, the Bank of Canada revealed it is leaving its benchmark interest rate unchanged at one per cent. This comes after the Bank raised rates twice in 2017 – once by a quarter point in July and again by a quarter point in September.
None of the big five banks ha.... More »
Why Goldman investors shouldn’t count on a return to the good old days + MORE Feb 8th
The U.S. President may take aim at Dodd-Frank, but it’s by no means clear that banks will benefit as much as some think
.... More »
Federal Finance Minister Joe Oliver says he has no intention of pushing Canadian banks to follow the Bank of Canada’s lead and drop their rates.
