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
Watch: What is the mortgage stress test? Mar 3rd
If you’ve purchased a home in the last several years, or plan to buy one soon, there’s a good chance you’ve heard about the mortgage stress test. Since 2018, the stress test has served as a set of rules banks and lenders use to determine if you qualify for the mortgage you want. It’s possibl.... More »
Fintech firms sharing unregulated advantage over Canadian banks + MORE Dec 16th
The speed at which banks can adapt to a newly competitive environment is hampered by the fact they must adhere to a strict and slow-to-change regulatory environment
.... More »
Introducing KOHO, a unique financial service app Aug 17th
Nowadays, consumers can shop around for the low- or no-fee accounts, competitive interest rates, and additional features they want. And banks aren’t the only ones delivering financial services to Canadians. Fintechs, which integrate technologies into the financial sector, have empowered developers.... More »
The best high-interest savings accounts in Canada for 2026 + MORE Apr 28th
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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The best GIC rates in Canada for 2024 Sep 30th
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 navigat.... More »
Low-income Canadians hit by banking frills: Roseman
– thestar.com
Banks like to champion financial literacy in November. But their expensive products sold with high-pressure pitches can be a problem, not a solution.
