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?
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5 Holiday Rewards Credit Card Hacks to Try This Season Nov 13th
When it comes to holiday spending, one in four Canadians tend to pay with a credit card (according to a 2013 RBC report) and half of Canadians carry four or more rewards cards. Sound like you? If you plan on using your credit card this holiday season, make sure it’s working harder for you, wi.... More »
American Express Increases the Value of Points for Purchases Jun 3rd
For a limited time, American Express is offering consumer cardmembers more value for Points for Purchases. From April 17, until September 30, 2020, cardholders can use 1,000 points for a $10 statement credit on all eligible non-travel related purchases. That means Membership Rewards points are curr.... More »
Is Wealthsimple a bank? Not exactly, but it’s launching new “banking” services Jun 12th
Canadians aren’t short of credit card options, that’s for sure. At an average of two to three credit cards per person, we have more credit cards than debit cards in our wallets. But there’s still room for one more, suggests Wealthsimple with its recently launched bank-like offerings, including.... More »
Canadians had more complaints than usual about their banks last year, ombudsman says Mar 17th
Canadians had 28 per cent more gripes about their banks last year than they did in 2016, according to a new report from the ombudsman overseeing the industry, with bogus credit card charges a particular thorn in the side of many customers..... More »
The close: TSX rises with banks, miners; Dow, S&P log record highs Oct 2nd
U.S stocks start fourth quarter on a strong note; TSX ends modestly higher has energy stocks weigh
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Spotlight On Mortgages: A Global Recovery In 2014?
– ratesupermarket.ca
Big things are in store for the global economy – and interest rates – in 2014, according to economists. The World Bank released their semi-annual Global Economic Prospects report Tuesday, announcing a more optimistic stance as the U.S. gets back on track and Europe continues cautious recovery.
The U.S.-based poverty initiative and think tank predicts global GDP will improve by 3.2 per cent this year, up from 2.4 per cent in 2013. U.S. growth forecasts are especially cheery, at 2.8 per cent this year – an improvement that will be felt around the world.
Economic Check In
The report breaks down the climate in main economies and their risk factors. Here are the top developments to watch this year:
Europe: There’s been a lot of improvement in the Eurozone as banks continue to restructure, and recovery methods rely less on severe austerity measures. However, unemployment remains a rampant problem, and it’s unclear what exactly will drive the economy in the years to come…
Spotlight On Mortgages: A Global Recovery In 2014?
– ratesupermarket.ca
Big things are in store for the global economy – and interest rates – in 2014, according to economists. The World Bank released their semi-annual Global Economic Prospects report Tuesday, announcing a more optimistic stance as the U.S. gets back on track and Europe continues cautious recovery.
The U.S.-based poverty initiative and think tank predicts global GDP will improve by 3.2 per cent this year, up from 2.4 per cent in 2013. U.S. growth forecasts are especially cheery, at 2.8 per cent this year – an improvement that will be felt around the world.
Economic Check In
The report breaks down the climate in main economies and their risk factors. Here are the top developments to watch this year:
Europe: There’s been a lot of improvement in the Eurozone as banks continue to restructure, and recovery methods rely less on severe austerity measures. However, unemployment remains a rampant problem, and it’s unclear what exactly will drive the economy in the years to come…
