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
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The dramatic rise and spectacular fall of bitcoin prices over the past few months grabbed front-page headlines across the world and touched off a social-media frenzy. Understandably, the crash rattled the crypto sphere. However, dyed-in-the-wool bitcoin bulls are quick to point out the volatility is.... More »
PayPal is going after the big banks Apr 14th
Online payment firm PayPal will soon offer basic banking options to its customers — a move that could be a nightmare for traditional banks..... More »
Bank fees: Everything you need to know before switching to a no-fee account Jul 29th
With the recent news that bank fees have increased during the pandemic and challenger banks like Neo Financial promising no fees on accounts, switching banks may be at the forefront of your mind. But having a good understanding of bank fees—what they are, how they’re determined and the kind of s.... More »
Wall St. hits another record high, as TSX edges up and loonie breaks 80 cents US Oct 3rd
TORONTO _ Wall Street set another record high Tuesday on relatively minor movements as Canada’s largest stock index inched forward and the loonie cleared 80 cents US.
In New York, the Dow Jones industrial average gained 84.07 points to 22,641.67. The S&P 500 index edged up 5.46 points to 2.... More »
How does a reverse mortgage work in Canada? + MORE Aug 29th
More than ever, Canadians are relying on reverse mortgages—a “don’t-pay-till-you-die” option to borrow up to 55% of the appraised value of your home—and the trend is turning conventional wisdom about debt and retirement on its head. While past generations fought hard to avoid debt in their.... More »
Thomson Reuters to create 400 jobs in Canada, relocate senior roles to Toronto
– canadianbusiness.com
TORONTO – Thomson Reuters says it will create 400 jobs in Canada over the next two years, including at a new technology centre in Toronto.
Initial hiring will start in the coming weeks, with a focus on the company’s cognitive computing initiatives.
The global information and media company says its chief executive officer and other management roles will also be relocating to Toronto in 2017 as part of the initiative.
The company — which has about 52,000 employees around the world — currently has its principal executive office in New York City but retains a corporate headquarters in Toronto. It currently has about 1,200 positions in Canada.
“Canada is not only our home, it is home to an emerging ecosystem of world-class technology talent,” Jim Smith, president and chief executive officer of Thomson Reuters, said in a statement.
The company says it’s attracted to a pool of talent within an innovation clusters that includes Toronto and Waterloo Region, an area that includes headquarters for Canada’s big banks and insurance companies, universities and fintech developers…
Initial hiring will start in the coming weeks, with a focus on the company’s cognitive computing initiatives.
The global information and media company says its chief executive officer and other management roles will also be relocating to Toronto in 2017 as part of the initiative.
The company — which has about 52,000 employees around the world — currently has its principal executive office in New York City but retains a corporate headquarters in Toronto. It currently has about 1,200 positions in Canada.
“Canada is not only our home, it is home to an emerging ecosystem of world-class technology talent,” Jim Smith, president and chief executive officer of Thomson Reuters, said in a statement.
The company says it’s attracted to a pool of talent within an innovation clusters that includes Toronto and Waterloo Region, an area that includes headquarters for Canada’s big banks and insurance companies, universities and fintech developers…
