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The best travel credit cards in Canada for 2024 Jul 12th
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The best travel credit cards in Canada for 2024
From points to perks, a good travel credit card can make your trip more affordable, more comfortable and even more secure.
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Housing affordability set to get even worse next year, big banks warn Oct 6th
New buyers can expect home ownership to become even less affordable next year, while current owners will be largely insulated from higher rates..... More »
The Economic Winds Are at Europe's Back + MORE Mar 13th
A continent in crisis? Far from it. Unemployment is down; growth is up; even Greek banks are healthier..... More »
2022 Income Tax Guide for Canadians: Deadlines, tax tips and more Jun 16th
It’s been quite a year for numbers, hasn’t it? From rising interest rates to steep stock market drops, finances have been headline news throughout 2022. It’s almost enough to make you forget about tax season. But with the tax deadline approaching, you have a few reminders (see the dates below).... More »
How Do Travel Rewards Work on a Credit Card? Jan 11th
So, you want to take a dream vacation. Is it worth it to rack up charges on your travel rewards credit card? This can be an excellent way for you to save money, but only if you can maintain a reasonable level of spending and pay off your debt in full each month. If you stay on top of your spending .... More »
Could ‘CoCos’ be a short-sellers dream?
– theglobeandmail.com
They’re meant to give banks a cushion, but some contingent-capital bonds could incentivize short-sellers
Why I Switched Banks for my TFSA and Home Insurance
– ratesupermarket.ca
Switching banks can be a pain – but in my experience, it’s often worth the effort. In fact, I’ve had the pleasure of changing financial institutions a few times over my lifetime. Most recently, I moved my Tax-Free Savings Account (TFSA) and my home insurance to new lenders.
There were a few reasons why I decided to jump ship – here’s what I learned from the experience.
Not Taking Low-Earning Interest for an Answer
Originally, I housed my TFSA with Ally Bank – and I was a big fan. They offered competitive rates for savings accounts and TFSAs (one of the highest in Canada at 1.8 per cent), had great customer service and their TV commercials were hilarious. When I heard RBC had acquired Ally Bank my response was lukewarm; I was afraid RBC would change Ally Bank – and my worries were well founded, as they went a step further and shut it down entirely!
As a bank account holder I was given the choice of transferring my money to RBC’s low-interest savings account (offering 1…
There were a few reasons why I decided to jump ship – here’s what I learned from the experience.
Not Taking Low-Earning Interest for an Answer
Originally, I housed my TFSA with Ally Bank – and I was a big fan. They offered competitive rates for savings accounts and TFSAs (one of the highest in Canada at 1.8 per cent), had great customer service and their TV commercials were hilarious. When I heard RBC had acquired Ally Bank my response was lukewarm; I was afraid RBC would change Ally Bank – and my worries were well founded, as they went a step further and shut it down entirely!
As a bank account holder I was given the choice of transferring my money to RBC’s low-interest savings account (offering 1…
Would You Switch Banks? Take the Survey to WIN $500!
– ratesupermarket.ca
In the world of personal finance, loyalty doesn’t always pay off. Many Canadians have banked with their primary lender for years, but may not be getting the best interest rates, fees or savings from their products or services. Would you make the switch? We want to hear from you!
Share your take in the survey below – and you’ll be automatically entered to WIN a $500 cash grand prize!
Share your take in the survey below – and you’ll be automatically entered to WIN a $500 cash grand prize!
PLUS: Share your results on Facebook and Twitter for even more chances to WIN!
Hurry – this survey is open until Friday, August 8!
The post Would You Switch Banks? Take the Survey to WIN $500! appeared first on RateSupermarket.ca Blog.
Would You Switch Banks? Take the Survey to WIN $500!
– ratesupermarket.ca
In the world of personal finance, loyalty doesn’t always pay off. Many Canadians have banked with their primary lender for years, but may not be getting the best interest rates, fees or savings from their products or services. Would you make the switch? We want to hear from you!
Share your take in the survey below – and you’ll be automatically entered to WIN a $500 cash grand prize!
Share your take in the survey below – and you’ll be automatically entered to WIN a $500 cash grand prize!
PLUS: Share your results on Facebook and Twitter for even more chances to WIN!
Hurry – this survey is open until Friday, August 8!
The post Would You Switch Banks? Take the Survey to WIN $500! appeared first on RateSupermarket.ca Blog.
World shares subdued despite China manufacturing as reports say EU mulls new Russia sanctions
– canadianbusiness.com
TOKYO – World shares were rattled Thursday by reports the European Union is weighing stiffer financial sanctions against Russia.
A further pickup in China’s manufacturing in July failed to lift markets which have been unnerved the past week by Israel’s invasion of Gaza and the shooting down of a civilian jetliner over a part of eastern Ukraine controlled by pro-Russian separatists.
The Financial Times said EU diplomats are considering new sanctions against Russia, including a proposal to ban Europeans from purchasing new debt or stock issued by Russia’s largest banks. The report cited a memo prepared by the European Commission. The downing of the Malaysia Airlines jet, killing all 298 people on board, as heightened tensions between Russia and the West.
European markets opened lower, with Britain’s FTSE 100 slipping 0.4 per cent to 6,774.13. France’s CAC 40 dropped 0.5 per cent to 4,356 and Germany’s DAX shed 0.6 per cent to 9,697.87.
Wall Street appeared poised for losses…
A further pickup in China’s manufacturing in July failed to lift markets which have been unnerved the past week by Israel’s invasion of Gaza and the shooting down of a civilian jetliner over a part of eastern Ukraine controlled by pro-Russian separatists.
The Financial Times said EU diplomats are considering new sanctions against Russia, including a proposal to ban Europeans from purchasing new debt or stock issued by Russia’s largest banks. The report cited a memo prepared by the European Commission. The downing of the Malaysia Airlines jet, killing all 298 people on board, as heightened tensions between Russia and the West.
European markets opened lower, with Britain’s FTSE 100 slipping 0.4 per cent to 6,774.13. France’s CAC 40 dropped 0.5 per cent to 4,356 and Germany’s DAX shed 0.6 per cent to 9,697.87.
Wall Street appeared poised for losses…
