Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
The Future of FinTech + MORE Nov 6th
The way we manage our money – from the bank branch to the checkout lane – is rapidly changing in Canada. New tap technology, automated investments and biotech solutions have traditional bankers scrambling to keep up – how can consumers navigate this ever-changing financial reality.... More »
In Poland, cost of servicing loans in Swiss francs jumps Jan 15th
WARSAW, Poland – Dozens of people with loans in Swiss francs marched in Warsaw to demand more lenient repayment terms after a rise in the value of the currency made the debt more expensive to service.
On Friday, President Andrzej Duda’s aides presented a plan that would share burden of t.... More »
Banks show restraint on mortgage rates one year after Flaherty's warning + MORE Mar 4th
After last year’s mortgage rate cuts raised the ire of the Finance Minister, lenders are avoiding the usual spring contest to attract borrowers
.... More »
Nissan banks on after-sales ‘hyper-personalization’ revenue + MORE Nov 29th
YOKOHAMA, Japan – Nissan is going to offer internet access, safety technology and myriad accessory options the Japanese automaker calls “hyper-personalization,” not only in new models but also for vehicles people already own.
Nissan Motor Co. Corporate Vice-President Kent O’H.... More »
NDP proposes ban on pay-to-pay fees charged by banks + MORE Jun 1st
(Photo: Fernando Morales/The Globe and Mail/Canadian Press)
OTTAWA – Flush from its success in getting rid of the tax on feminine hygiene products, the NDP wants the House of Commons to abolish so-called “pay-to-pay” fees charged by big banks.
The official Opposition will introduce a motion on.... More »
Business Highlights
– canadianbusiness.com
___
World economy being sustained by extraordinary aid
WASHINGTON (AP) — Five years after a global financial crisis erupted, the world’s biggest economies still need to be propped up.
They’re growing and hiring a little faster and creating more jobs, but only with extraordinary aid from central banks or government spending. And economists say major countries may need help for years more.
From the United States to Europe to Japan, central banks are pumping cash into economies and keeping loan rates near record lows. Even fast-growing China has rebounded from an uncharacteristic slump with the help of government money that’s poured into projects and made loans easily available from state-owned banks.
For now, thanks in part to the intervention, the world economy is improving. The International Monetary Fund expects global growth to rise to 3.6 per cent in 2014 from 2.9 per cent this year.
___
Long silent, China’s entrepreneurs push for change
BEIJING (AP) — As Chinese career trajectories go, wealthy businesswoman Wang Ying’s has taken an unusual turn…
World economy being sustained by extraordinary aid
WASHINGTON (AP) — Five years after a global financial crisis erupted, the world’s biggest economies still need to be propped up.
They’re growing and hiring a little faster and creating more jobs, but only with extraordinary aid from central banks or government spending. And economists say major countries may need help for years more.
From the United States to Europe to Japan, central banks are pumping cash into economies and keeping loan rates near record lows. Even fast-growing China has rebounded from an uncharacteristic slump with the help of government money that’s poured into projects and made loans easily available from state-owned banks.
For now, thanks in part to the intervention, the world economy is improving. The International Monetary Fund expects global growth to rise to 3.6 per cent in 2014 from 2.9 per cent this year.
___
Long silent, China’s entrepreneurs push for change
BEIJING (AP) — As Chinese career trajectories go, wealthy businesswoman Wang Ying’s has taken an unusual turn…
TSX, loonie flat on Remembrance Day
– cbc.ca
The Toronto Stock Exchange was largely unchanged on Monday on a business day where banks, many other businesses and the bond markets all closed for the Remembrance Day holiday.
