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.
The big Canadian banks are set to reveal their quarterly earnings over the next week, and investors will take a close look to see whether anxiety over higher interest rates and an uncertain trade environment are hurting the economy's prospects..... More »
TORONTO —Robo-adviser Wealthsimple is hoping to lure clients away from traditional financial institutions by launching a savings account with a premium interest rate. The Smart Savings account, launched in Canada and the U.S. on Thursday, will offer a 1.7 per cent interest rate north of the border.... More »
U.S. appeals court restores lawsuit naming RBC that alleges Libor interest rate manipulation + MORE Feb 23rd
Charles Schwab Corp. and several of its mutual funds allege banks, including JP Morgan Chase and Citibank, artificially suppressed the Libor rate between August 2007 and May 2010..... More »
Home Capital Group Inc. believes early results from this year suggest that mortgage business may be migrating to the alternative lender after the federal banking regulator introduced tougher rules for uninsured mortgages at the beginning of the year — even though it too is required.... More »
Rating agency Moody's raised its credit ratings outlook on Canada's major banks on Tuesday, just over 14 months after it lowered the ratings citing high debt levels and soaring house prices..... More »
Two of Canada’s big banks are sounding the alarm over the negative impact that Canada’s economy will see as a result of new tax reform measures in the U.S. under the Trump administration.