Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
Coady: Government Prepared for Market Fluctuations After Brent Crude Prices Plunge - VOCM + MORE Mar 18th
Coady: Government Prepared for Market Fluctuations After Brent Crude Prices Plunge VOCMExplained: Why Banks Are Both Oil’s Best Friend and Worst Enemy Investing.comThe Oil Price Collapse Continues After Brief Respite OilPrice.comOPEC+ Isn't Panicking About Oil's Su.... More »
TD, CIBC hoping to shrug off choppy first-quarter earnings - The Globe and Mail + MORE Mar 1st
TD, CIBC hoping to shrug off choppy first-quarter earnings The Globe and MailCredit quality is deteriorating in Canada, and banks are feeling the impact Financial PostTD misses profit estimates by wide margin, raises dividend BNNBloomberg.caFirst-quarter earnings for.... More »
The Best Credit Cards for Students in 2019 Jan 15th
If you’re a student in college or university, you understand that every penny counts. Tuition is high, textbooks are expensive, and it’s hard to maintain healthy eating habits while living off-campus when all you can afford are those packets of Sidekicks pasta for $1.
This is where a good rewar.... More »
Your New Way to Pay + MORE Sep 18th
Have you joined the tap-to-pay movement? Consumers around the world are starting to eschew their wallets in favour of payment apps – but Canada’s banks are dragging their heels. While it remains to be seen when shoppers here will access the latest in tap tech, other new developments –.... More »
Achieva Financial Review: Digital Banking from the Heart of Canada Dec 18th
Canadians are fortunate to have so many choices regarding no-fee online banking and high-interest savings accounts. Names like Tangerine, EQ, and Simplii have become commonplace, to mention just a few. But if you’re shopping around for a digital bank to deal with, there’s another name you can ad.... More »
A defence of active investing
– moneysense.ca
(Illustration by Sam Island)If you’ve been investing for a while, you’ve seen the stock market do some pretty crazy things. Who can forget the tech boom of the 1990s? Or the devastating market meltdown of 2008-2009?
I respect Mr. Market—the manic-depressive character legendary investor Benjamin Graham used to describe the ever-changing whims of the stock market—but I prefer not to be obligated to always buy what Mr. Market is buying and always sell what Mr. Market is selling. I don’t necessarily want to have most of my Canadian stocks in banks and resource companies just because that’s what the index says I should do. Instead, I would rather try to invest for the long term in companies that provide quality and value at a reasonable price while being diversified by sector. I want to follow my own risk profile in picking investments, rather than implicitly take on the average risk profile of the overall market at that particular moment. That’s why I invest most of my money through skilled advisors and money managers who share this outlook and charge what I regard as reasonable fees…
Willie Sutton Could Have Been a Regulator
– online.wsj.com
A New York contretemps shows how the war on the banks has become a revenue shakedown.
