6 things to consider before borrowing from the Bank of Mom and Dad for your first home Jul 10th
The best GIC rates in Canada for 2024 Jun 14th
Is this a good time to buy a home in Canada? + MORE Sep 11th
Benefits, fees, hidden perks: Choosing the right credit card for your lifestyle Mar 5th
Why are mortgages so expensive in Canada? A look at 2024 and 2025 + MORE Jan 21st
Making sense of the markets this week: March 3, 2024
– moneysense.ca
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. And Stephanie Griffiths was an award-winning investor for almost 20 years before returning to her roots in journalism. She is a consulting editor and journalist for MoneySense.
Bank earnings strong despite hikes in provisions
This week, Canada’s Big Five banks (six with National Bank) reported earnings for the three months ending January 31, 2023. All six reported significant increases in provisions for credit losses (PCLs), as homeowners and other borrowers struggled with inflation and the impact of higher interest rates. (Provisions for credit losses represent a bank’s estimate of loans at risk of defaulting. PCLs reduce the bank’s earnings.)
Canadian bank earnings highlights
Here’s how Canadian banks performed in the three months ending January 31, 2024.
Bank of Montreal (BMO/TSX): Adjusted earnings per share of $2…
The best rewards credit cards in Canada for 2024
– moneysense.ca
Spend
The best rewards credit cards in Canada for 2024
Rewards credit cards help you earn cash back or points, which can be redeemed toward groceries, travel, merchandise, gift cards and more.
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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers…
The best no-fee credit cards in Canada for 2024
– moneysense.ca
Spend
The best no-fee credit cards in Canada for 2024
From cash back to rewards points (and perks like no foreign transaction fees), here's a list of Canada's best no fee cards.
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Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.
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The best travel credit cards in Canada for 2024
– moneysense.ca
Credit Cards
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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Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers…
The best cash back credit cards in Canada for 2024
– moneysense.ca
Credit Cards
The best cash back credit cards in Canada for 2024
Maximize your spending power by earning cash back on every dollar you spend. We’ve curated a list of Canada’s best cash back cards – from no fee cards to premium perk-filled cards.
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Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers…
