Nvidia’s 2025 fourth quarter earnings analysis: revenue up, production up + MORE Feb 27th

There are more credit card options in Canada than you can shake a stick at! Stay on top of the best rates and plans right here.
Latest News
 credit cards

Why do Canadians keep falling for scams? + MORE Mar 28th

Many Canadians have learned common telltale signs of phishing emails and fraudulent websites, such as poor spelling, fuzzy logos and sketchy-looking URLs. That knowledge is key, but it’s no longer enough to avoid becoming a victim. Scams are always evolving, becoming more sophisticated and more co.... More »

The best GIC rates in Canada for 2025 + MORE Mar 11th

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 »

22 new Avion Select & RBC Offers from Save On Foods, Wendy’s, Subway & more + MORE Apr 28th

Here is the latest update for RBC Offers and Avion Select Card Linked Offers that are featuring bonus points, statement credit and discount promotions for using your RBC card and/or Avion Select linked cards at select retailers! Be sure to login to your RBC account right away to load these offers (i.... More »
 american express

The Best Cash Back Credit Card Welcome Bonus Offers for April 2025 + MORE Apr 3rd

Here are Rewards Canada’s Top 5 Cash Back Credit Card Sign Up offers for the month of April. This is not a ‘best’ credit card list like our Top Cash Back Credit Card rankings but instead look at cards that have very good cash back welcome bonus sign up offers. This list includes cards that [&#.... More »

Award Availability Alert: Fly Virgin Atlantic from Toronto to London for only 12,000 Membership Rewards points Mar 17th

There is an excellent opportunity to use American Express Membership Rewards to fly on Virgin Atlantic’s new Toronto to London route which launches on March 30. By utilizing two transfer options and a bonus on one of those, you can make your way across the Atlantic in economy class for only 12.... More »
Stock market news for investors: Canada’s Big Six banks report Q1 earnings
Companies that reported earnings this week

BMO

Scotiabank

National Bank

CIBC

RBC

TD

BMO Financial Group reports $2.14B Q1 profit up from $1.29B a year ago

Source: Google

BMO (TSE: BMO)

Q1 earnings: $2.14 billion, up from $1.29 billion a year earlier.

Revenue: $9.27 billion, up from $7.67 billion a year earlier.

BMO Financial Group says it earned $2.14 billion in its first quarter, up from $1.29 billion in the same quarter last year, helped by strength in its wealth management and capital markets businesses.

The bank said Tuesday the profit amounted to $2.83 per diluted share for the quarter ended Jan. 31, up from $1.73 per diluted share a year earlier.

Revenue totalled $9.27 billion, up from $7.67 billion in the same quarter last year.

The bank’s provision for credit losses amounted to $1.01 billion in its latest quarter, up from $627 million in the same quarter last year.

Tap to continue reading
On an adjusted basis, BMO says it earned $3…

Continue Reading On moneysense.ca »

Nvidia’s 2025 fourth quarter earnings analysis: revenue up, production upNvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips, which power artificial intelligence systems, continued to grow, sending the company’s stock higher after hours. For the three months, that ended Jan. 26, the tech giant based in Santa Clara, California, posted revenue of USD$39.3 billion, up 12% from the previous quarter and 78% from one year ago. Adjusted for one-time items, it earned USD$0.89 a share. (All values are in U.S. currency.)

Rankings

The best online banks and credit unions in Canada

see the ranking

How much did Nvidia earn?

“Demand for Blackwell is amazing as reasoning AI adds another scaling law—increasing compute for training makes models smarter and increasing compute for long thinking makes the answer smarter,” Nvidia Founder Jensen Huang said in a statement…

Continue Reading On moneysense.ca »

The economic havoc caused by the COVID-19 pandemic may be subsiding but for many Canadians, their financial picture is no healthier than it was five years ago. As of early 2025, the Bank of Canada (BoC) policy rate is back in check following cooling inflation rates but the cost of living remains high across the country. For many Canadians, the only way to make ends meet is to use their credit cards. 

How much debt does the average Canadian carry? 

The average credit card balance for Canadians in the third quarter of 2024 was $4,562, according to TransUnion. This is up 6.97% from the previous year, putting credit card debt as the fastest-growing type of consumer debt over car loans, lines of credit and mortgages. Another source, Wealthsimple, reports a similar amount but a bit higher than at $4,787.

Driven partly by millennial and Gen Z populations, the number of Canadians with credit ballooned, as did the total outstanding new debt—a record $2.5 trillion at the end of 2024…

Continue Reading On moneysense.ca »

Air Canada Aeroplan Family Sharing has reopened to new enrollments again and Clash of the Credit Cards: BMO CashBack World Elite Mastercard vs. Neo World Mastercard. Check out today’s points & miles updates here:
The post RWRDS Daily Update Feb 27: Air Canada Aeroplan Family Sharing has reopened to new enrollments again! appeared first on Rewards Canada.

Continue Reading On RewardsCanada.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!