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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Advice for cash-strapped renters and landlords during COVID-19 May 16th
When the COVID-19 pandemic swept across North America in early 2020, it created a wave of income loss that impacted people from all walks of life. While some individuals have been hit harder than others, it’s difficult to find a group or industry that hasn’t been affected. A small segment of the.... More »
Is bitcoin a good investment? A guide for Canadian investors Jul 28th
The dramatic rise and spectacular fall of bitcoin prices over the past few months grabbed front-page headlines across the world and touched off a social-media frenzy. Understandably, the crash rattled the crypto sphere. However, dyed-in-the-wool bitcoin bulls are quick to point out the volatility is.... More »
The Big Five Banks: A Look at the Largest Major Banks in Canada Jan 6th
Canada’s big five banks are among the largest and most respected financial institutions worldwide. And while they dominate the landscape in Canada, their operations extend well beyond our borders. But how big are the Canadian banks, and how do they compare?
In this article, I rank the big five.... More »
The best banks in Canada Oct 17th
Most Canadians are aware of the Big Five banks: RBC, TD, Scotiabank, BMO and CIBC. And some may even know that occasionally National Bank of Canada sneaks in and expands that list to six. But even with these accounted for, there are dozens of banks in this country, each offering its own suite of per.... More »
Now’s not the time to switch to a fixed-rate mortgage Apr 18th
The Bank of Canada’s April 13 interest rate hike of 0.5%—the biggest one-time rate jump in decades—caught many variable-rate mortgage holders off guard. Some are likely thinking about running to their local bank branch or mortgage specialist to lock into a standard five-year fixed rate. Those .... More »
Nominees for the 2018-2019 Best of Finance Awards
– ratesupermarket.ca
Every year, RateSupermarket.ca carefully analyzes the Canadian credit card and banking industry and awards the best products at its Best of Finance Awards.
There will come various points in every person’s life when they’ll be required to make a financial choice. But when there are hundreds of banking products on the market, applying for a mortgage, a line of credit, a loan or even a credit card can be overwhelming. What features should you look for? Which product will help you save or earn more?
At RateSupermarket.ca, we strive to help every Canadian consumer find the credit card, bank account or investment product that best fits their lifestyle and budget. That’s we annually recognize some of the top products in the personal finance industry at our Best of Finance Awards, helping you – the consumer – ultimately find your best match.
In selecting the top nominees in each category, we examined dozens of products and took various factors into consideration, such as points, miles, interest rates, balance transfer rates and annual fees…