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.
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Compare the best savings accounts in Canada for 2023 Jan 28th
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The best savings accounts in Canada for 2023
Here are the best accounts to hold your savings.
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Scan the savings account comparison table above to view interest rates offered by financial institu.... More »
Michaels confirms security breach; says about 2.6M cards used in its stores may be affected Apr 17th
NEW YORK, N.Y. – Michaels Stores Inc. said Thursday that about 2.6 million cards, or about 7 per cent of all debit and credit cards used at its namesake stores, may have been affected in a security breach.
The nation’s largest arts and crafts chain said its subsidiary Aaron Brothers was .... More »
Banks’ bad behaviour won’t change until executives do the perp walk + MORE Nov 14th
Unless senior executives are put on criminal trial or, at a minimum, marched out the door in shame, rid of their lavish bonuses and corporate golf-club memberships, the rotten culture of the banks will not change
.... More »
CPPIB, Onex exploring potential $7-billion Tomkins sale: sources Nov 22nd
Onex and CPP pension board said to be interviewing investment banks to advise on sale of auto-parts company
.... More »
TD Bank Q3 2018 Earnings Aug 31st
The Globe and Mail, James Bradshaw, 30 August 2018
At TD, earnings from Canadian retail banking rose 7 per cent in the third quarter, to $1.85-billion. But profit from its extensive U.S. footprint rose 27 per cent, to $1.14-billion.
Toronto-Dominion Bank reported a 12-per-cent bump in third-quarte.... More »
TD Fixed Mortgage Rates Also Rise
– ratesupermarket.ca
TD Canada Trust is the latest bank to increase their fixed mortgage rate offerings, following yesterday’s rate hike from RBC.
The changes affect TD’s discounted four-year fixed, which increased 10 basis points to 3.09 per cent, and five-year fixed, which bumped 20 basis points to 3.29 per cent, to go into effect today.
As of press time, that leaves a spread of 61 basis points between TD’s discounted five-year, and the lowest on RateSupermarket.ca’s Best Mortgage Rates table – 2.68 per cent, offered by True North Mortgage in British Columbia.
UPDATE: Laurentian Bank is the latest lender to increase rates, effective June 12. The changes are as follows:
One-year fixed closed: 3.14 per cent (+ 0.05)
18-month fixed closed: 3.14 (+ 0.05)
three-year fixed closed: 3.55 ( + .10)
Will More Banks Raise Their Rates?
Lenders are taking their cues from Government of Canada bond yields, which have seen an increase as of late, closing yesterday at 1.63 per cent, compared to a 52-week low of 1…
TD Fixed Mortgage Rates Also Rise
– ratesupermarket.ca
TD Canada Trust is the latest bank to increase their fixed mortgage rate offerings, following yesterday’s rate hike from RBC.
The changes affect TD’s discounted four-year fixed, which increased 10 basis points to 3.09 per cent, and five-year fixed, which bumped 20 basis points to 3.29 per cent, to go into effect today.
As of press time, that leaves a spread of 61 basis points between TD’s discounted five-year, and the lowest on RateSupermarket.ca’s Best Mortgage Rates table – 2.68 per cent, offered by True North Mortgage in British Columbia.
UPDATE: Laurentian Bank is the latest lender to increase rates, effective June 12. The changes are as follows:
One-year fixed closed: 3.14 per cent (+ 0.05)
18-month fixed closed: 3.14 (+ 0.05)
three-year fixed closed: 3.55 ( + .10)
Will More Banks Raise Their Rates?
Lenders are taking their cues from Government of Canada bond yields, which have seen an increase as of late, closing yesterday at 1.63 per cent, compared to a 52-week low of 1…
