TSX getting you down? There are always sound investment alternatives.
Latest News
A practical guide to Canadian REIT investing in 2025 + MORE Nov 11th
North American markets appear to have entered another “Roaring Twenties.” But unlike the last century’s version, the current “everything bubble” is driven by speculative valuations in anything related to artificial intelligence or quantum computing. Many of these companies trade at sky-hig.... More »
Canadians to see lower fees and simpler account transfers + MORE Nov 6th
Ottawa plans to make it easier for Canadians to move their banking and investment accounts in a bid to increase competition and reduce costs for consumers. The government said as part of Tuesday’s federal budget, it will move to eliminate investment and registered account transfer fees, which .... More »
Are you a high earner with no money to spare? Follow these 5 tips to help you stop living hand to mouth and grow your long-term wealth Nov 9th
High Earners Not Rich Yet make better-than-average-incomes, but often spend everything they earn, writes Lesley-Anne Scorgie. There is a way out to grow true wealth..... More »
The best credit cards in Canada for 2025 + MORE Nov 12th
Canadians have no shortage of options when it comes to selecting a new credit card. Whether you’re looking at a Visa, Mastercard, or Amex from a fintech, big bank, or credit union, we’re here to help you sort through all your choices.
To make it easier to find the best credit card for you, we.... More »
Stock news for investors: Air Canada Q3 profit plunges to as strike weighs on results Nov 7th
Here’s a round-up of news for Canadian investors this week.
Air Canada
Fortis
Thomson Reuters
Suncor
Cameco
Maple Leaf Foods
Sun Life Financial
Cineplex
Corus Entertainment
Xanadu Quantum Technologies
Featured RRSP Accounts
.... More »
Questrade secures approval to launch Canada’s newest bank
– moneysense.ca
Canadians should soon have a new banking option as Questrade Financial Group says it has secured regulatory approval to launch Questbank. The company, known for its online trading platform, said Monday it received the final go-ahead from the Office of the Superintendent of Financial Institutions. “We’re Canada’s newest bank today,” Questrade chief executive Edward Kholodenko said. “So Happy Birthday to Questbank.”
The company, however, won’t be rolling out new offerings immediately. Kholodenko said more details will be coming in the first half of next year on what’s in store, but that they haven’t ruled any categories out yet. “We’re working toward a full suite of services for Canadians.”
Fintechs eye credibility through regulation
The move comes as other fintech companies also push more into the banking space, including Wealthsimple Inc. which has been expanding its offerings into chequing accounts, credit cards, and mortgages as its assets under administration have grown to more than $100 billion…
