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
HISAs vs. bonds and GICs: Where should Canadians hold their cash? Jan 10th
“Bonds are back,” you may have read on a financial news site or heard a financial advisor say recently. True enough, money is flowing into these fixed-income investments at the highest rate in years, and for good reasons.
In fact, Canadian savers have an abundance of good choices right now f.... More »
Interest rate hike could mean trouble for some + MORE Sep 14th
TORONTO – A report by TransUnion says up to one million Canadian borrowers may not be able to absorb the increase in their monthly payments if interest rates rise by one full percentage point.
The company says that while the majority of Canadians will not be materially impacted in the near term by.... More »
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 »
The 11 best travel credit cards in Canada for July 2023 Jul 13th
Credit Cards
The 11 best travel credit cards in Canada for July 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
Find my perfect card* .... More »
Bank of Canada expected to raise its key rate for first time in nearly seven years + MORE Jul 12th
The Bank of Canada is expected to raise its key interest rate target for the first time in nearly seven years on Wednesday following signs the economy is well on the road to recovery after the crash in oil prices.
Low interest rates have helped fuel the housing market in recent years, incentivizing .... More »
Trudeau to boost launch of group that aims to speed move to clean economy
– canadianbusiness.com
VANCOUVER – A group called Smart Prosperity that wants Canada to speed up the transition to a high-efficiency, low carbon economy will launch today in Vancouver.
The cross-sectoral group, which includes business leaders, labour, non-governmental organizations, government and academics, aims to make Canada a global environmental brand.
The launch will get a boost with comments from Prime Minister Justin Trudeau, whose Liberal government’s climate agenda appears to dovetail with the economic transformation envisioned by the new market-oriented group.
Twenty-six people have signed on to the initiative, including top representatives from banks and insurance companies, aluminium smelters, the United Steel Workers union, a grocery chain, investment firms and the World Wildlife Federation.
They’re looking to identify and promote policies that spur innovation, generate jobs and boost the economy while improving the environment and conserving Canada’s natural heritage.
Smart Prosperity’s launch coincides with Vancouver’s biennial Globe conference on clean tech…
The cross-sectoral group, which includes business leaders, labour, non-governmental organizations, government and academics, aims to make Canada a global environmental brand.
The launch will get a boost with comments from Prime Minister Justin Trudeau, whose Liberal government’s climate agenda appears to dovetail with the economic transformation envisioned by the new market-oriented group.
Twenty-six people have signed on to the initiative, including top representatives from banks and insurance companies, aluminium smelters, the United Steel Workers union, a grocery chain, investment firms and the World Wildlife Federation.
They’re looking to identify and promote policies that spur innovation, generate jobs and boost the economy while improving the environment and conserving Canada’s natural heritage.
Smart Prosperity’s launch coincides with Vancouver’s biennial Globe conference on clean tech…
Bay Street’s brewing war over corporate lending
– theglobeandmail.com
Independent dealers allege big Canadian banks are using a practice known as tied selling to gain a competitive edge
The Best Credit Cards for Shopping
– ratesupermarket.ca
By: Pira Kumarasamy
Credit card loyalty programs are a great way to stretch your hard-earned dollars even further by offering rewards for everyday purchases, and retailers are jumping on board.
RBC Rewards recently announced a partnership with Saks Fifth Avenue, and will offer 2 times the points when shopping in-store with an eligible RBC Rewards credit card, and allow customers to redeem points for store gift cards. The move is sure to bring added excitement to the RBC Rewards customer experience for those that plan to shop at Saks, which recently opened its doors in Toronto at both Eaton Centre and Sherway Gardens.
When it comes to credit cards, Canadians love free stuff and there is no shortage of cards to reward the avid shopper. From an issuer and retailer perspective, it’s no surprise that partnerships continue to crop up, as they help to build and maintain customer loyalty for the retailer and increase revenues for the issuer.
Psst: Want to earn rewards on all of your purchases? Check out the best cash back credit cards in Canada>
The Top Retail Rewards Credit Cards in Canada
Over the years, credit card issuers in Canada have partnered with retailers to create loyalty programs to reward customers…
What bank profits are saying about the economy: Mayers
– thestar.com
If the performance of Canadian banks acts a mirror on our economy, things are weak but may be better than we think.
