How to go about securing the best return for your investment in Canada.
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Plan for financial success in 2026 Dec 24th
It’s that time of the year again. While you’re caught up in last-minute runs to the store and mapping out the family dinner menu for the holidays, an annual financial review is unlikely to cross your mind. The timing of financial reviews often competes with holiday fun as the end of the .... More »
Is Wealthsimple’s new Physical Gold Trading worth it? Dec 17th
Gold prices hit a new all-time high of $4,379 USD per ounce in October. At the time, we covered the move with a comprehensive guide on the different ways investors can gain exposure to gold. The takeaway was straightforward: if your goal is portfolio diversification, owning gold through an exchange-.... More »
New to Canada? Here’s how the Scotiabank newcomer offer can help Dec 17th
Newcomers to Canada typically have a hard time applying for credit cards or financial products simply because they have no Canadian credit history. Fortunately, Scotiabank’s StartRight® Program offers newcomers the ability to apply for credit and start building their credit history in Canada.
.... More »
Disney to Invest $1 Billion in OpenAI and License Characters for Use in ChatGPT, Sora - The Wall Street Journal Dec 11th
Disney to Invest $1 Billion in OpenAI and License Characters for Use in ChatGPT, Sora The Wall Street JournalThe Walt Disney Company and OpenAI reach landmark agreement to bring beloved characters from across Disney’s brands to Sora OpenAIDisney wants you to AI-generate yours.... More »
Generational shift brings competition to Canada’s banks Dec 21st
Canadians who watched the World Series this year might have caught a second high-stakes clash going on between plays. RBC, the country’s most valuable bank, ran ads that had actor Will Arnett touting trust and real people over fads, while scrappy EQ Bank and crypto giant Coinbase Inc. had spo.... More »
Cut unnecessary costs with one simple change to your banking
– moneysense.ca
If you’re like many Canadians, you view bank fees as a necessary expense, but this couldn’t be farther from the truth. Paying a small fee each month isn’t usually much trouble, but over a whole year, it can really add up. The good news is that affordable banking has never been more in reach.
Recently, 14 financial institutions—including all 6 Big Banks—agreed with the Financial Consumer Agency of Canada (FCAC) to offer low- and no-cost bank accounts to all Canadians. Bank account shopping just got more profitable.
Is a different bank account really going to save me money?
If you already have a low- or no-cost bank account that meets your needs, making a change isn’t necessary. But for everyone else, there could be hundreds of dollars riding on it.
If you have a standard chequing account with any of the big banks, you’re probably paying between $15.95 and $17.95 per month. Over a year, that works out to around $200! That’s a couple hundred you could put towards your retirement savings (or into a rainy day fund)…
