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.
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The best high-interest savings accounts in Canada for 2025 + MORE Feb 10th
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »
The Best Credit Cards for Students in 2019 Jan 15th
If you’re a student in college or university, you understand that every penny counts. Tuition is high, textbooks are expensive, and it’s hard to maintain healthy eating habits while living off-campus when all you can afford are those packets of Sidekicks pasta for $1.
This is where a good rewar.... More »
TD Bank joins RBC in hiking fixed mortgage rates + MORE Nov 18th
TORONTO – TD Bank (TSX:TD) has quietly increased its fixed mortgage rates ahead of a similar move by Royal Bank of Canada (TSX:RY) to take effect Thursday, the latest sign that Canada’s big banks are hiking the costs of borrowing for homeowners.
Cheryl Ficker, a spokeswoman for TD, said Wednesda.... More »
Japan's former economic minister Takenaka says BOJ to cut negative rates further Oct 5th
The negative rate, introduced in February, hurts banks because they have avoided passing it along as a charge on deposits
.... More »
Big banks must do a better job of managing risk, Janet Yellen says + MORE Nov 4th
Federal Reserve Chair Janet Yellen says the country's largest financial institutions are still falling short of managing the types of risks that led to the 2008 financial crisis..... More »
Undervalued dividend-payers
– moneysense.ca
Most investors prefer banks for stable dividend-paying stocks, but what about asset managers? They’ve underperformed banks so far this year, but analyst Scott Chan of Canaccord Genuity says returns should pick up as more money moves into equities. These three companies pay good dividends and have a lower P/E ratio than their peers.
Fiera Capital Corp. (TSX: FSZ)
13.3
2015 P/E
Yield: 3.37%
Since 2012, Montreal-based Fiera Capital has bought seven firms and is now expanding in the United States. Chan expects it to double its assets under management (AUM) over the next five years.
IGM Financial Inc. (TSX: IGM)
14.0
2015 P/E
Yield: 4.12%
Winnipeg’s IGM owns growth-oriented Mackenzie Investments, with its focus on equities, and Investors Group, with its focus on personalized financial planning. AUM is evenly split between the two.
Guardian Capital Group LTD. (TSX: GCG)
15.0
2015 P/E
Yield: 1.49%
With more than $30 billion in AUM, this Toronto company is mainly focused on institutional assets, and has strong equity, dividend and fixed-income products…
Fiera Capital Corp. (TSX: FSZ)
13.3
2015 P/E
Yield: 3.37%
Since 2012, Montreal-based Fiera Capital has bought seven firms and is now expanding in the United States. Chan expects it to double its assets under management (AUM) over the next five years.
IGM Financial Inc. (TSX: IGM)
14.0
2015 P/E
Yield: 4.12%
Winnipeg’s IGM owns growth-oriented Mackenzie Investments, with its focus on equities, and Investors Group, with its focus on personalized financial planning. AUM is evenly split between the two.
Guardian Capital Group LTD. (TSX: GCG)
15.0
2015 P/E
Yield: 1.49%
With more than $30 billion in AUM, this Toronto company is mainly focused on institutional assets, and has strong equity, dividend and fixed-income products…
