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.
Latest News
It’s Never Too Early to Think about Holiday Shopping Sep 23rd
While it may seem a bit early – especially if you’re still basking in the neverending summer heat in Southern Ontario – now is the time that retailers really start thinking about the holidays.
Whether looking at November’s Cyber Monday or the big Christmas push, smart merchants .... More »
The Demise of the Small American Bank + MORE Aug 1st
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With the banks now taking Bank of Canada rate cuts as more of a guideline than a directive, their margins may be about to improve
.... More »
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Tsipras facing intense pressure from Greek creditors to back a deal as Grexit put on table
– canadianbusiness.com
BRUSSELS – Greek Prime Minister Alexis Tsipras faced intense pressure Sunday to back an onerous package of austerity measures demanded by European creditors in return for a financial rescue that would prevent the collapse of the country’s banks and its potential exit from the euro.
If not, then some of Greece’s eurozone partners raised the spectre of a temporary Greek exit from Europe’s single currency, which Greece has been a member of since 2002.
It’s unclear what a temporary exit from the eurozone would entail. No country has ever left the joint currency, and there is no mechanism in place for one to do so.
The Greek government is keen to avoid that fate and has indicated its preference to sign a deal at Sunday’s emergency summit of the 19 leaders of the eurozone despite what it considers to be extremely harsh conditions.
The leaders, who have been in closed-door talks since 5 p.m. (1500 GMT; 11 a.m. EDT), have vowed to keep talking until something concrete can emerge…
If not, then some of Greece’s eurozone partners raised the spectre of a temporary Greek exit from Europe’s single currency, which Greece has been a member of since 2002.
It’s unclear what a temporary exit from the eurozone would entail. No country has ever left the joint currency, and there is no mechanism in place for one to do so.
The Greek government is keen to avoid that fate and has indicated its preference to sign a deal at Sunday’s emergency summit of the 19 leaders of the eurozone despite what it considers to be extremely harsh conditions.
The leaders, who have been in closed-door talks since 5 p.m. (1500 GMT; 11 a.m. EDT), have vowed to keep talking until something concrete can emerge…
