Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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Applying for a credit card? Here’s what you should know before getting one Jul 7th
The convenience of making purchases with your credit card comes with many advantages, like rewards, perks and a solid credit history. However, if used irresponsibly, this financial tool can lead to unmanageable debt and a low credit score. So, how can you be a responsible credit card owner? I will e.... More »
The MoneySense guide to inflation (2025) + MORE Dec 5th
Inflation is the increase in the cost of goods or services. Governments use this valuable information to set monetary policy. In turn, lenders and banks also rely on inflation numbers to set interest rates, and borrowers use them to make investment or budgeting goals.
We’ll explain how inflatio.... More »
Citi, JPMorgan, other big banks to pay $1.9B in tentative deal to settle price-fixing case Sep 12th
NEW YORK, N.Y. – Twelve major banks have tentatively agreed to pay $1.87 billion to settle allegations that they colluded to fix prices and lock out competitors in the market for insurance-like products widely traded before the financial crisis, according to a lawyer for investors.
The deal, i.... More »
The Best High-Interest Savings Accounts in Canada Mar 11th
In recent years, Canadian banks and credit unions have introduced savings accounts that offer higher rates of interest, in an effort to entice clients to deposit more funds with their respective institutions.
These high-interest savings accounts come with a number of features and benefits, such as b.... More »
Forgot to File Your Taxes Last Year? What You Need to Know Jun 6th
If filing your taxes before the deadline went over your head this year, procrastinating can only make things worse.
Unlike sales tax, which is a pay-at-the-pump proposition, Canada’s income tax system is based on self-assessment. Make your money, plan your affairs as best you can and then, pay up.... More »
Ireland’s unemployment rate falls to 9.8 per cent, 1st time below double digits in 6 years
– canadianbusiness.com
DUBLIN – Ireland’s unemployment rate has fallen to 9.8 per cent, the first time in six years that joblessness levels can be measured in single digits.
Ireland’s quarterly economic report published Thursday found that unemployment has declined from 10.1 per cent since January.
Unemployment ran below 5 per cent for much of the previous decade, thanks to a cheap credit-fueled property boom. That so-called Celtic Tiger economy collapsed amid worldwide credit troubles in 2008, leading to nationalization of most Irish banks and Ireland’s 2010 bailout by European Union partners and the International Monetary Fund. Unemployment peaked at 15.1 per cent in 2012.
Ireland’s economy has steadily improved since the country ended dependence on EU-IMF loans in late 2013. The country is forecast this year to enjoy the strongest economic growth in the 28-nation EU.
The post Ireland’s unemployment rate falls to 9.8 per cent, 1st time below double digits in 6 years appeared first on Canadian Business – Your Source For Business News.
Ireland’s quarterly economic report published Thursday found that unemployment has declined from 10.1 per cent since January.
Unemployment ran below 5 per cent for much of the previous decade, thanks to a cheap credit-fueled property boom. That so-called Celtic Tiger economy collapsed amid worldwide credit troubles in 2008, leading to nationalization of most Irish banks and Ireland’s 2010 bailout by European Union partners and the International Monetary Fund. Unemployment peaked at 15.1 per cent in 2012.
Ireland’s economy has steadily improved since the country ended dependence on EU-IMF loans in late 2013. The country is forecast this year to enjoy the strongest economic growth in the 28-nation EU.
The post Ireland’s unemployment rate falls to 9.8 per cent, 1st time below double digits in 6 years appeared first on Canadian Business – Your Source For Business News.
Four major banks agreed to plead guilty on Wednesday to trying to manipulate foreign exchange rates and six were fined nearly $6 billion in yet another settlement in a global probe into the $5-trillion-a-day market.
Barclays, RBS seen facing $11-billion more in misconduct costs
– theglobeandmail.com
Barclays and RBS were among six banks fined a combined $5.8-billion on Wednesday for rigging currencies
