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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Canada’s best rewards credit cards for 2023 Jun 17th
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The 10 best rewards credit cards in Canada for 2023
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The best low-interest credit cards in Canada for 2023 Nov 16th
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The best low-interest credit cards in Canada for 2023
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The best 5-year fixed mortgage rates in Canada Jun 8th
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The best 5-year fixed mortgage rates in Canada
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The best high-interest savings accounts in Canada for 2025 + MORE Nov 24th
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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The best credit cards in Canada for 2023 Dec 7th
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The best credit cards in Canada for 2023
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What can I hold in an FHSA?
– moneysense.ca
Would Canadians have access to different account types such as GICs and self-directed investing when it comes to the new tax-free first home savings account, which is rumoured to be introduced this year?It seems this would only make sense as it’s the case with other tax-sheltered accounts (i.e. TFSA, RRSP and RESP accounts).—Rohan
FHSA in Canada: Qualified investments and limitations
Bill C-32, which included certain provisions of the 2022 federal budget, was passed into law on December 15, 2022. The bill included the introduction of the tax-free first home savings account (FHSA) effective April 1, 2023.
In theory, Rohan, savers should be able to open an FHSA in April 2023, but some financial institutions may roll the account out as the year progresses.
The registered disability savings plan (RDSP) is an example of how access to certain accounts can be limited. The RDSP was introduced in 2008, and only 17 banks, trust companies and wealth management firms offer the account currently…
