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
Institutional trust is the hallmark of a healthy economy Jul 20th
A citizenry’s faith in its government and banks can drive success
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When is open banking coming to Canada? Ottawa says “at the earliest opportunity” Jun 19th
The federal government says it will introduce legislation to implement open banking at its “earliest opportunity” as some advocates warn the project’s momentum may have stalled.
Open banking or consumer-driven banking, as Ottawa calls it, is about allowing Canadians and businesses to secure.... More »
The Art of a Banking Deal May 24th
Congress eases the Dodd-Frank pain on non-giant banks..... More »
New mortgage rules sending borrowers to alternatives Feb 7th
TORONTO — Mortgage brokers say the borrower rejection rate from large banks and traditional monoline mortgage lenders has gone up as much as 20 per cent after Canada’s banking regulator imposed a new stress test for home buyers who don’t need mortgage insurance.
As a result, alternativ.... More »
Scotiabank’s AT1 security a hit; other banks expected to follow suit Oct 10th
Canadian firms mull adopting lender’s red-hot hybrid security, which last week raised $1.25-billion from mostly foreign investors
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Large U.S. banks might have to soon set aside more capital to hedge against potential crises if U.S. legislators approve a proposal to increase the mandatory capital buffer for eight major banks above the international standard of three per cent.
