Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
Should you consider using joint accounts to avoid probate? Apr 17th
Q. My mother is a widow and I am an only child (single, never married, with one child of my own). Now that she is 83, she thinks she should put my name on all her bank accounts and investments so if she becomes unable, I would have control as joint account holder to pay any bills that come up. My na.... More »
Controls on sales practices at Canadian banks ‘insufficient’: watchdog + MORE Mar 21st
Long-awaited report says ‘sharp focus on sales’ increases risk of misselling but finds no evidence of widespread misconduct
.... More »
The best GIC rates in Canada for 2024 May 18th
Investing
The best GIC rates in Canada for 2024
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Find the best rate
Tap "Return to top" to come back here.
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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 high-interest savings accounts in Canada for 2024 + MORE Sep 10th
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »
South Korea inspects six banks over virtual currency services to clients
– theglobeandmail.com
The inspection will check if banks are adhering to anti-money laundering rules and using real names for accounts
