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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The best GIC rates in Canada for 2025 Apr 14th
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.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Canada’s best credit cards for gas Dec 6th
Gas costs can be a hefty line item, especially for Canadians with a daily commute or even a hybrid situation—and it’s one that is largely out of our individual control. Using the right credit card when you fill up will earn you a return on your fuel expenses. But which card should you pick? We b.... More »
How to Read Your Credit Report May 30th
Your credit report summarizes your credit history and helps lenders weigh your credit risk. Often your credit report is initiated when you apply for your first credit card. Over time it can help you reach your larger financial goals such as obtaining a rental agreement or mortgage. When you apply f.... More »
How the Dow Jones industrial average fared on Wednesday Nov 9th
Stocks closed sharply higher Wednesday as investors reacted to Donald Trump being elected president of the United States in an upset victory over Hillary Clinton.
Banks, drugmakers and industrial companies gained the most, while safe-haven assets like utilities slumped. The market hopes that Trump&#.... More »
Scotiabank Launches eHOME; Moving Entire Mortgage Application Process Online + MORE Mar 29th
As banks and financial institutions are looking for new ways to simplify daily banking and provide access to more products and services online, Scotiabank recently launched an online mortgage service called eHOME.
The new service allows Scotiabank customers to fill out a mortgage application online.... More »
Temps Rise, Rates Drop
– ratesupermarket.ca
Are you ready for the busiest home-buying season of the year? Spring has certainly sprung for the Canadian real estate market, as open houses pop up faster than the crocuses. Perhaps the most telling sign: Bank of Montreal, the big-bank trendsetter, has introduced a “March miracle”: a history-making rate for new mortgage borrowers that has since been matched by TD.
Meanwhile, the Canadian economy continues to absorb the impact from record-low oil prices – and not all provinces will emerge unscathed. Read on for the full story.
BMO Drops Their 5-Year Fixed Mortgage Rate to 2.79%
The first real sign of the spring buying season has arrived – BMO has introduced an aggressively low mortgage rate special for 5-year fixed term shoppers. Clocking in a 2.79 per cent, it is the lowest 5-year rate ever posted by one of Canada’s big banks – and TD has since matched it. What does this mean for those currently on the hunt for a mortgage?
Read Penelope’s Blog | BMO Drops Their 5-Year Fixed Mortgage Rate to 2…
Temps Rise, Rates Drop
– ratesupermarket.ca
Are you ready for the busiest home-buying season of the year? Spring has certainly sprung for the Canadian real estate market, as open houses pop up faster than the crocuses. Perhaps the most telling sign: Bank of Montreal, the big-bank trendsetter, has introduced a “March miracle”: a history-making rate for new mortgage borrowers that has since been matched by TD.
Meanwhile, the Canadian economy continues to absorb the impact from record-low oil prices – and not all provinces will emerge unscathed. Read on for the full story.
BMO Drops Their 5-Year Fixed Mortgage Rate to 2.79%
The first real sign of the spring buying season has arrived – BMO has introduced an aggressively low mortgage rate special for 5-year fixed term shoppers. Clocking in a 2.79 per cent, it is the lowest 5-year rate ever posted by one of Canada’s big banks – and TD has since matched it. What does this mean for those currently on the hunt for a mortgage?
Read Penelope’s Blog | BMO Drops Their 5-Year Fixed Mortgage Rate to 2…
