Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Financial Institution Numbers for All Canadian Banks Apr 1st
You can identify Canadian financial institutions by their bank institution number, which is always three digits long. Bank customers need this number anytime they want to set up a direct deposit or preauthorized payment or receive a wire transfer into their account.
How to Locate Canadian Bank Insti.... More »
Judge rules Donald Trump committed fraud - CTV News + MORE Sep 26th
Judge rules Donald Trump committed fraud CTV NewsBREAKING: Judge finds Trump committed fraud in NY civil case MSNBCJudge rules Donald Trump defrauded banks, insurers while building real estate empire Toronto StarTrump Fraudulently Inflated Property Values, NY Judge R.... More »
Canada joins allies targeting Russian banks, pipeline project over growing Ukraine crisis - CBC News + MORE Feb 22nd
Canada joins allies targeting Russian banks, pipeline project over growing Ukraine crisis CBC NewsPM unveils 'first round' of sanctions against Russia CTV NewsCanada sanctions Russia, promises more troops to Latvia after Ukraine incursion CP24 Toronto's Breaking News.... More »
Making sense of the markets this week: March 20 Mar 19th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The Fed moves, just a scooch
On Wednesday of this week, Federal Reserve chairman Jerome Power made the move on rates. The Federal Open Market Committee raise.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Jun 3rd
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.
Advertisement
Why trust us
MoneySense is an.... More »
Online and Mobile Banking During the COVID-19 Pandemic
– ratesupermarket.ca

Canadians are using social distancing to prevent the spread of COVID-19. As a result, banks have closed their doors or reduced their hours of operation. Many Canadians are turning to technology to manage their finances instead. Naturally, this has caused a spike in the use of online and mobile banking.
There haven’t been any recent reports of disruptions to the quality of online and mobile banking, making it an excellent alternative to visiting a branch during this global crisis. Banks have already invested a lot into their digital channels, allowing them to manage the surplus of customers with little to no issues.
Banking app satisfaction in Canada
The J.D. Power 2020 Canada Retail Banking Satisfaction Study found that 63% of Canadians are using mobile banking compared to 55% last year. However, customer satisfaction with mobile banking has declined across all age and income groups.
The study suggests that 49% of Canadians rely heavily on mobile apps and the internet for their banking needs, with 33% of customers classified as digital-only…
Online and Mobile Banking During the COVID-19 Pandemic
– ratesupermarket.ca

Canadians are using social distancing to prevent the spread of COVID-19. As a result, banks have closed their doors or reduced their hours of operation. Many Canadians are turning to technology to manage their finances instead. Naturally, this has caused a spike in the use of online and mobile banking.
There haven’t been any recent reports of disruptions to the quality of online and mobile banking, making it an excellent alternative to visiting a branch during this global crisis. Banks have already invested a lot into their digital channels, allowing them to manage the surplus of customers with little to no issues.
Banking app satisfaction in Canada
The J.D. Power 2020 Canada Retail Banking Satisfaction Study found that 63% of Canadians are using mobile banking compared to 55% last year. However, customer satisfaction with mobile banking has declined across all age and income groups.
The study suggests that 49% of Canadians rely heavily on mobile apps and the internet for their banking needs, with 33% of customers classified as digital-only…


