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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4 Tips to Avoid the Post-Holiday (Financial) Hangover Jan 3rd
Christmas and New Year’s Day has already come and gone, leaving us to “look forward” to Blue Monday, the (unofficially) most depressing day of the year. In 2019, Blue Monday falls on Monday, January 21, and the day is calculated by factoring in things such as weather and, yes, deb.... More »
Four in 10 Canadians Say They are Victims of Identity Theft Mar 21st
Identity theft is an intricate crime, but its cause is very simple: Ignorance, Lack of Awareness and easy availability of vulnerable information.
According to a recent study conducted by Equifax Canada, attempts of credit card fraud have increased by 42 percent over the last two years. Suspected tru.... More »
The best GIC rates in Canada for 2024 + MORE Dec 23rd
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 navigat.... More »
Outlook Financial Review: Canadian Online Banking Made In Manitoba Nov 19th
There are several online banks owned by credit unions in Canada. Outlook Financial is one of them. A division of Winnipeg-based Assiniboine Credit Union, Outlook offers banking products and services to customers across Canada. In this Outlook Financial review, I’ll let you know what they have to o.... More »
The best student credit cards in Canada for 2024 + MORE Oct 7th
When you’re at a new restaurant, do you have to see the menu before you order? Or do you eat what your foodie friend says is good, knowing it’ll be amazing? The answer can help you decide how to pick a new credit card. Some people want the ability to compare their options side-by-side; others wa.... More »
Let housing measures play out before introducing new policies, bankers’ head says
– canadianbusiness.com
Policy-makers should take time to ensure there are no unintended consequences stemming from efforts to rein in Toronto’s runaway housing prices before introducing further measures, the new CEO of the Canadian Bankers Association said Wednesday.
Neil Parmenter said he’s encouraged that the federal, provincial and municipal levels of government are working together on housing policy. But he urged regulators and politicians to assess what effects recent rule changes are having before bringing in new policies.
“Sometimes it’s healthy to have a bit of a pause and see what the impacts are and then adjust as necessary,” Parmenter said in his first interview with a Canadian news organization since taking the helm of the association earlier this month.
The Ontario government announced a suite of regulations in April aimed at cooling the country’s hottest housing market, including a 15 per cent tax on foreign speculators.
After reporting their latest quarterly results in recent days, several of the CEOs of Canada’s biggest banks said they are seeing early signs of a slowdown in the Toronto real estate market…
Neil Parmenter said he’s encouraged that the federal, provincial and municipal levels of government are working together on housing policy. But he urged regulators and politicians to assess what effects recent rule changes are having before bringing in new policies.
“Sometimes it’s healthy to have a bit of a pause and see what the impacts are and then adjust as necessary,” Parmenter said in his first interview with a Canadian news organization since taking the helm of the association earlier this month.
The Ontario government announced a suite of regulations in April aimed at cooling the country’s hottest housing market, including a 15 per cent tax on foreign speculators.
After reporting their latest quarterly results in recent days, several of the CEOs of Canada’s biggest banks said they are seeing early signs of a slowdown in the Toronto real estate market…
What CIBC’s head of equities has been buying and selling
– theglobeandmail.com
He also likes banks, some energy companies but has been trimming Dollarama and Waste Connections; and he wishes he bought Shopify sooner
The close: Stocks close lower as energy shares slide on oil weakness
– theglobeandmail.com
U.S. banks take hit amid warning of revenue weakness
Google’s Android Pay launches in Canada with most major banks as partners
– canadianbusiness.com
Google’s Android Pay, a mobile wallet that allows people to pay with their smartphone, is available for Canadians to download starting Wednesday.
Users can pay with the app in stores that accept contactless payment and on apps such as Uber and Lululemon that have an Android Pay button.
Android Pay will work with Visa and MasterCard credit cards from Bank of Montreal, CIBC, Scotiabank, National Bank, Desjardins, President’s Choice Financial, ATB Financial and Canadian Tire Financial Services.
On Monday, Google will start to roll out support for Interac cards from those banks.
Missing from the list of partners are TD Bank and Royal Bank, which both offer in-house digital wallets that are compatible with some Android devices.
Pali Bhat, vice-president of Google payments, said the company expects to add more banks to the pay system.
Android Pay comes to Canada more than a year after Apple Pay became available in the country.
The Android app, which is already in use in 11 other countries, will work on all NFC-enabled Android devices running on the operating system KitKat 4…
Users can pay with the app in stores that accept contactless payment and on apps such as Uber and Lululemon that have an Android Pay button.
Android Pay will work with Visa and MasterCard credit cards from Bank of Montreal, CIBC, Scotiabank, National Bank, Desjardins, President’s Choice Financial, ATB Financial and Canadian Tire Financial Services.
On Monday, Google will start to roll out support for Interac cards from those banks.
Missing from the list of partners are TD Bank and Royal Bank, which both offer in-house digital wallets that are compatible with some Android devices.
Pali Bhat, vice-president of Google payments, said the company expects to add more banks to the pay system.
Android Pay comes to Canada more than a year after Apple Pay became available in the country.
The Android app, which is already in use in 11 other countries, will work on all NFC-enabled Android devices running on the operating system KitKat 4…
