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
French ex-minister in court over tax fraud, money laundering Feb 8th
PARIS — Jerome Cahuzac was the face of France’s fight against tax evaders — until he was forced to acknowledge that he himself was dodging taxes, hiding money in tax havens around the world.
President Francois Hollande’s onetime budget minister is now facing the prospect of prison as.... More »
How the Dow Jones industrial average fared on Wednesday Nov 9th
Stocks closed sharply higher Wednesday as investors reacted to Donald Trump being elected president of the United States in an upset victory over Hillary Clinton.
Banks, drugmakers and industrial companies gained the most, while safe-haven assets like utilities slumped. The market hopes that Trump&#.... More »
Detached Homes Price Tops $1 Million in Toronto + MORE Mar 10th
What can you get with $1 million these days? Well, in Toronto that might net you a single family home. Last week the Toronto Real Estate Board announced the average detached homes price hit $1,040,018 in February.
When I was a kid living in a million-dollar house meant something.
You were rich.
.... More »
Hedging against inflation with dividend-paying stocks Apr 2nd
Dividend-paying stocks typically don’t get much attention, but that’s changing as investors look for ways to protect their wealth in the face of market turbulence and inflation. Investing in dividend-paying stocks is one proven way to both grow your portfolio and cushion it against loss. That’.... More »
How does a reverse mortgage work in Canada? + MORE Aug 29th
More than ever, Canadians are relying on reverse mortgages—a “don’t-pay-till-you-die” option to borrow up to 55% of the appraised value of your home—and the trend is turning conventional wisdom about debt and retirement on its head. While past generations fought hard to avoid debt in their.... More »
Oil prices that reached a five-year low on Friday are starting to take a bite out of profits at TD Bank and are raising concerns for the rest of the country’s top lenders.
