Learn more about Canada’s top banks rates, rules and the latest news – read on!
Shutterstock Q. After buying two GICs, I received a statement showing $575 in commissions paid to my broker by a third party. I thought GICs were free of commissions. Any light you could shed on these fees would be greatly appreciated. — Tom A. There are few universal truths in investing, Tom, but.... More »
When the House of Commons united behind Prime Minister Justin Trudeau on Monday to offer the Tsilhqot’in Nation a genuine expression of regret for a shameful betrayal that occurred 154 years ago on the banks of the Chilko River in British Columbia, a properly grave tone was taken in the speeches T.... More »
We have recent British legislation to thank for providing a glimpse into the grim reality that Canadian banks operating across the pond have a big gendered wage gap. UK data, compiled this week by Bloomberg News, summons more evidence, as if more is required, that transparency, both legislatively an.... More »
TORONTO _ Scotiabank’s chief executive says he disagrees with recent red flags raised over Canada’s high debt levels by an international body, and that he is “comfortable” with the lender’s risk profile. Brian Porter told a University of Toronto conference that he had a.... More »
Two of Canada's biggest banks reported second-quarter earnings Thursday that benefited from bigger profit margins on the back of rising interest rates, though the bump could be less pronounced in coming quarters as pressure mounts for banks to raise the interest rates they pay on dep.... More »
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