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
The best GIC rates in Canada for 2025 Nov 3rd
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
The best GIC rates in Canada for 2025 + MORE Jun 16th
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Looking for a mortgage in B.C.? Don’t limit your options to the big banks Aug 9th
At last, interest rates are coming down again. For Canadians who are in the market for a new home, facing renewal of their mortgage in the foreseeable future, or feeling unsatisfied with their current home loan, this poses two choices: do you pounce now, or stay on the sidelines in the hope that rat.... More »
How to choose the best appraisal firm Nov 13th
When it comes to real estate transactions, estate settlements, or tax planning, choosing the right appraisal firm can make all the difference. A professional appraisal provides the accurate market value of your property, helping you make informed decisions and avoid costly mistakes. Here’s a comp.... More »
When is open banking coming to Canada? Ottawa says “at the earliest opportunity” Jun 19th
The federal government says it will introduce legislation to implement open banking at its “earliest opportunity” as some advocates warn the project’s momentum may have stalled.
Open banking or consumer-driven banking, as Ottawa calls it, is about allowing Canadians and businesses to secure.... More »
Lost wallet? Here’s how to protect yourself from fraud
– moneysense.ca
You’re rushing out the door and you pat that familiar spot to confirm you’ve got your wallet, only to find…nothing. I don’t know about you, but after searching yesterday’s pockets, my mind goes to some dark places. First, the kitchen pantry. Maybe I put the granola bar in my purse and my wallet in the cupboard? Then even darker: is my wallet gone? Is it lying outside somewhere, inadvertently dropped and waiting to be rescued? Was it taken from me in a moment of distraction and, if so, how long have those criminals had access to my credit cards?!
Calling banks and credit card companies to find out about potential fraudulent transactions and get new cards issued isn’t my idea of a good time, and I’m not alone. A survey commissioned by Equifax found that 27% of Canadians surveyed feel vulnerable as a target for fraud by means of a lost or stolen wallet or purse. Nearly all Canadians surveyed (94%) reported concerns about being a victim of fraud and 61% admitted worry about the time it takes to fix the affected account(s)…
