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.
A number of Canadian lenders have slashed their variable mortgage rates in recent days, even as some of those same lenders are raising their fixed-rate mortgages..... More »
The Globe and Mail, James Bradshaw, 9 January 2019 The chief executives of Canada’s largest banks are shrugging off tougher capital requirements introduced by the banking regulator, saying the change will have no impact on plans for acquisitions, dividend hikes or share buybacks. Last June, the .... More »
Scotiabank, BMO paint optimistic pictures in face of declining profit for capital-markets arms + MORE Feb 27th
Both banks see year-over-year declines in January net income .... More »
OTTAWA _ With so much uncertainty surrounding trade and competitiveness, private-sector economists will press Finance Minister Bill Morneau to keep his fiscal powder dry when they gather later this week for a pre-budget meeting. Morneau is scheduled to sit down Friday in Toronto with leading economi.... More »
The government’s failure to help homeowners after the 2008 crisis fueled populist anger at finance..... 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.