Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Best No-Fee Bank Accounts in Canada + MORE Oct 6th
Tired of paying monthly fees when you bank? If so, you may want to consider switching to a no-fee bank account. Unfortunately, Canada’s big banks offer little in the way of free chequing accounts, unless you can maintain a high balance in your account each month.
If you’re willing to con.... More »
The Power of Points: CIBC Survey Shows Canadians Missing Out on Valuable Reward Point Redemptions Jul 23rd
Canadians are missing out on some major savings on merchandise, travel, and even chances to pay down their debt. And the answer to “why?” is right under their noses, or at least, right on their monthly bank statement.
According to a recent CIBC survey that reviewed if and how Canadians are usin.... More »
What to consider if you still have RRSP contribution room Jan 25th
Registered retirement savings plans (RRSPs) have been around since 1957, and each February is commonly referred to as “RRSP season.” The banks and financial media used to make a bigger deal about RRSPs in the new year, but ever since Tax-Free Savings Accounts (TFSAs) were introduced in 2009, RRS.... More »
The best GIC rates in Canada for 2025 + MORE Aug 11th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
TD Canada Trust Hikes Prime Mortgage Rate – What’s Next? + MORE Nov 4th
It was a move that came as a shock to some but not was not a surprise to others. On November 1st, TD Canada Trust became the first of the big five banks in Canada to raise its prime mortgage rate from 2.7 per cent to 2.85 per cent. The news comes only two weeks after the implementation of brand-new.... More »
United, Iberia airlines pull out of Nigeria; funds blocked
– canadianbusiness.com
LAGOS, Nigeria – U.S. airline United and Spain’s Iberia are pulling out of Nigeria as the government is urged to release more than $600 million in air ticket sales blocked by the West African nation’s chronic foreign currency shortage.
The International Air Transport Association’s regional manager flew to the capital, Abuja, this week to negotiate with the government after the organization representing airlines warned: “The inability of airlines to access forex in Africa’s largest economy, if not solved, will affect air transport services to, from and within Nigeria and undermine the country’s position as West Africa’s aviation hub.”
United Airlines spokesman Kevin Johnston confirmed Wednesday that the airline’s last flight from Lagos to Houston is June 30. Nigeria is United’s only destination in Africa.
Iberia left in May, citing “very difficult operating circumstances and dwindling passenger numbers.”
Most foreign airlines have stopped accepting Nigeria’s troubled naira currency after the government stopped their access to foreign exchange from the banks last year…
The International Air Transport Association’s regional manager flew to the capital, Abuja, this week to negotiate with the government after the organization representing airlines warned: “The inability of airlines to access forex in Africa’s largest economy, if not solved, will affect air transport services to, from and within Nigeria and undermine the country’s position as West Africa’s aviation hub.”
United Airlines spokesman Kevin Johnston confirmed Wednesday that the airline’s last flight from Lagos to Houston is June 30. Nigeria is United’s only destination in Africa.
Iberia left in May, citing “very difficult operating circumstances and dwindling passenger numbers.”
Most foreign airlines have stopped accepting Nigeria’s troubled naira currency after the government stopped their access to foreign exchange from the banks last year…
