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
Scotiabank Scrambles to Fix Credit Card Statement Errors + MORE Nov 7th
On October 20, 2019, Scotiabank identified a technical error where legitimate charges on certain customers’ credit card statements were mislabeled as “BNS Scotia Life Insurance.” The mistaken charges all took place between October 18 and 20. Many customers were angry and took to.... More »
New rules proposed to put an end 'too big to fail' banks + MORE Nov 10th
Global regulators on Monday proposed new rules to ensure that bank creditors rather than taxpayers pick up the bill when a big lender collapses..... More »
Read the deal Greece reached with eurozone leaders + MORE Jul 14th
LOUISA GOULIAMAKI/AFP/Getty Images
BRUSSELS — After months of acrimony, Greece finally clinched a bailout agreement with its European creditors on Monday that will, if implemented, secure the country’s place in the euro and avoid financial collapse.
The terms of the deal, however, will be p.... More »
USDA to buy up to $13 million in canned pink salmon to help ease glut hurting Alaska fishermen + MORE Sep 3rd
JUNEAU, Alaska – The U.S. Department of Agriculture has agreed to buy up to $13 million in canned pink salmon to ease a glut that has weighed down prices for Alaska fishermen.
In July, Gov. Sean Parnell asked the USDA to buy $37 million worth of canned fish under a federal law that allows the .... More »
RESP vs. RRSP and TFSA: What’s the best option for education savings? Feb 12th
Welcome to Education Money, a new column that covers the questions and concerns parents and investors have about funding their child’s education. Andrew Lo, CEO of Embark, shares his thoughts and insights on how to make the most of RESPs. To kick off the column, he explains the different options C.... More »
Loonie Keeps Traders Interested Despite Volume Slump
– blogs.wsj.com
Data from central banks around the world released on Monday indicated that currency trading in April was down considerably from a year earlier. However, the Canadian dollar to some degree bucked that trend.
