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
At the open: TSX ticks higher as resource stocks gain, banks weigh + MORE Aug 18th
Wall Street flat as Fed divided on rates
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Review: MBNA Platinum Plus MasterCard® Jul 6th
Tired of paying sky-high interest on your credit card balance? Here’s a way to take a break – for an entire year! The MBNA Platinum Plus MasterCard® credit card is our Best of Finance 2015 winner for best low balance transfer credit card. It offers a 0% rate for 12 months on balances moved ove.... More »
Can you build a 40/30/30 portfolio with ETFs? Aug 22nd
The unique market conditions of the 2022 bear market exposed a major flaw in the traditional 60% stocks/40% bonds balanced portfolio used by millions of investors. That year was defined by two forces: surging inflation across both the U.S. and Canada, and aggressive interest rate hikes by their resp.... More »
What the Home Capital crisis reveals about the housing market + MORE May 6th
In February 2016, Gerald Soloway announced he was stepping down as CEO of Home Capital Group, a mortgage provider he co-founded 30 years ago. Home Capital, based in Toronto, is an alternative or non-prime lender, issuing mortgages to people generally turned away by traditional banks, such as the se.... More »
Impak uses crowdfunding to join premier banks Oct 15th
The upstart is part of an emerging movement of fintech companies that apply technology to traditional finance
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This week has given us the first peek at how Canada’s big banks are faring in the world of low oil prices. Losses so far have been modest. But banks know that deeper losses are likely in the future.
