Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Big Banks Respond to Fintech Threat with Lower Bank Fees, Better Offerings + MORE May 31st
Disruptive technology is everywhere these days. From Uber, which has turned the taxi industry on its head, to Car2Go subbing for vehicle ownership and Airbnb replacing the average hotel room, these disruptive innovations are giving traditional businesses a run for their money. Now there’s fintech.... More »
Investment is flowing out of Canada and into U.S. after tax changes, RBC president says Apr 3rd
The head of one of Canada's largest banks is urging the federal government to stem the flow of investment capital from this country to the United States — because, he warns, it's already leaving in "real time.".... More »
CEOs of Canada's big banks expect Trump will be boost for U.S. operations + MORE Jan 10th
The CEOs of some of Canada's biggest banks say they're expecting to see their U.S. businesses get a boost from stronger economic growth south of the border as the new Donald Trump administration takes over..... More »
How 25 Canadian websites looked in the Internet’s early days + MORE Aug 2nd
In December 1990 the world’s first website went online. Within the next six to eight years, a number of Canadian companies and government agencies made their first foray onto what everybody at the time was still calling the Information Superhighway.
Those early and rudimentary web pages ha.... More »
Great news, tightwads: it got even easier to have a cheap date this year Apr 16th
If two fast food burgers, two movie tickets and a couple of beers sounds like your idea of cheap fun, 2014 was a great year for you in Canada, according to one of the biggest banks in the world..... More »
Will The Bank of Canada Cut Rates Again in March?
– ratesupermarket.ca
When OPEC’s supply standoff initiated oil’s price slide last November, few foresaw just how quickly the commodity’s value would plunge. Equally surprising was how rapidly Canada’s economic policy makers reacted with a January rate cut that caught many - including the big banks – off guard. Now, as the next Overnight Lending Rate announcement looms on March 4th, borrowers and economists speculate whether the Bank of Canada has more “economic insurance” in store.
Inflation’s Slump Hikes Chances
The likelihood of another rate cut hovers at 53 per cent, according to overnight swap pricing, and worsening economic factors provide additional rationale; oil’s prolonged drop is feared to push inflation levels to negative territory in the first half of the year. In a speech this week, Bank of Canada Deputy Governor Agathe Côté stated the BoC anticipates inflation to fall as low as 0.3 per cent or below in Q2 before recovering moderately to 1.2 per cent by next winter.
Côté affirmed low inflation was a significant contributor to the BoC’s January rate decision, stating, “The cut in policy rate is intended primarily to provide insurance against the downside risks to inflation…
Inflation’s Slump Hikes Chances
The likelihood of another rate cut hovers at 53 per cent, according to overnight swap pricing, and worsening economic factors provide additional rationale; oil’s prolonged drop is feared to push inflation levels to negative territory in the first half of the year. In a speech this week, Bank of Canada Deputy Governor Agathe Côté stated the BoC anticipates inflation to fall as low as 0.3 per cent or below in Q2 before recovering moderately to 1.2 per cent by next winter.
Côté affirmed low inflation was a significant contributor to the BoC’s January rate decision, stating, “The cut in policy rate is intended primarily to provide insurance against the downside risks to inflation…
Get Ready For the RRSP Rush
– ratesupermarket.ca
There’s just 11 days until this year’s RRSP contribution deadline – will you be scrambling to make the most of your return?
While RRSPs can be used a multitude of ways, and enjoy a variety of tax benefits, it’s not always clear whether they’re the right choice for your finances. Check out our retirement savings spotlight below, and see if you should set up an RRSP while there’s still time.
Your RRSP FAQs – Answered!
Using an RRSP to save for retirement, homeownership or education is meant to be an easy way to earmark funds for the future – but the accompanying tax and contribution requirements are confusing for many. Here, we answer some of your top RRSP FAQs.
Read Gordon’s Blog | Your Top RRSP FAQs – Answered
The Best Credit Cards for Wedding Planning
Did your sweetheart pop the question last weekend? Congratulations – you’ve now entered the wedding planning stage. Pulling together such a momentous event can be a costly and stressful process – but with all that credit card swiping comes big point earning potential…
Will The Bank of Canada Cut Rates Again in March?
– ratesupermarket.ca
When OPEC’s supply standoff initiated oil’s price slide last November, few foresaw just how quickly the commodity’s value would plunge. Equally surprising was how rapidly Canada’s economic policy makers reacted with a January rate cut that caught many - including the big banks – off guard. Now, as the next Overnight Lending Rate announcement looms on March 4th, borrowers and economists speculate whether the Bank of Canada has more “economic insurance” in store.
Inflation’s Slump Hikes Chances
The likelihood of another rate cut hovers at 53 per cent, according to overnight swap pricing, and worsening economic factors provide additional rationale; oil’s prolonged drop is feared to push inflation levels to negative territory in the first half of the year. In a speech this week, Bank of Canada Deputy Governor Agathe Côté stated the BoC anticipates inflation to fall as low as 0.3 per cent or below in Q2 before recovering moderately to 1.2 per cent by next winter.
Côté affirmed low inflation was a significant contributor to the BoC’s January rate decision, stating, “The cut in policy rate is intended primarily to provide insurance against the downside risks to inflation…
Inflation’s Slump Hikes Chances
The likelihood of another rate cut hovers at 53 per cent, according to overnight swap pricing, and worsening economic factors provide additional rationale; oil’s prolonged drop is feared to push inflation levels to negative territory in the first half of the year. In a speech this week, Bank of Canada Deputy Governor Agathe Côté stated the BoC anticipates inflation to fall as low as 0.3 per cent or below in Q2 before recovering moderately to 1.2 per cent by next winter.
Côté affirmed low inflation was a significant contributor to the BoC’s January rate decision, stating, “The cut in policy rate is intended primarily to provide insurance against the downside risks to inflation…
