The “Big Five” Canadian banks include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Are there other viable options?
Latest News
The U.S. Needs Two More Federal Reserve Banks Mar 16th
The people living in the Western states don’t have the voice in Washington they deserve..... More »
The best high-interest savings accounts in Canada for 2024 + MORE Nov 4th
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.
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MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »
Moody’s warns Canadian consumers over record household-debt levels Aug 24th
Agency says card-loan performance in Alberta, Saskatchewan will be ‘illustrative first test’ of continuing strength of banks’ Canadian credit-card portfolios
.... More »
3 Ways to Beat Blue Monday Debt + MORE Jan 21st
Feeling a little, well, blah these days? You’re not alone; mid-January is proven to be the most depressing time of year. Known as Blue Monday, Canadians are most likely to feel down in the dumps between the 18th to the 25th, thanks to a mix of fading holiday cheer, weak sunshine, failed resolutio.... More »
The best GIC rates in Canada for 2025 Apr 7th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Sino-Forest underwriters settle for $32.5-million
– theglobeandmail.com
Investment banks deny liability in case against allegedly fraudulent forestry giant
Several Canadian banks and other large financial institutions that helped Sino-Forest Corp. raise millions in the financial markets have agreed to pay $32.5 million to settle a lawsuit by investors who lost money when the Chinese forestry company collapsed amid allegations of fraud.
