The best banks in Canada + MORE Jun 23rd

How to go about securing the best return for your investment in Canada.
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Making sense of the markets this week: June 25, 2023This week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.

Is it a bear trap or a long-term bull market?  

The last several months have been all about the rate hikes moving in slow motion. That framing is certainly playing out. It’s quite likely that we are in for a Summer of COVID and #revengespending. We want to buy experiences like travel and entertainment. Is this what’s keeping bankers up at night?

I have a couple of posts on my blog that sum up the stock-market events of the last few months. In early June, I have a headline read that ”The recession can wait.” Consumers and employers certainly did not yet receive the recession memo. So, economists and market experts keep pushing out their recession calls. 

Just last week, it became official—we entered a new bull market in the U.S. 

The year-to-date (YOY) returns have been very strong, which usually leads to very good one-year returns…

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The best banks in Canada

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Banking

The best banks in Canada for 2023
With so many options, finding the right bank can be a daunting task. We outline the best banks in Canada for different banking needs.

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CategoryBankBest big bank Best bank for studentsBest bank for seniorsScotiabankBest big bank (runner up)TDBest online-only bankTangerineBest no-fee bankSimplii FinancialBest bank for savingsEQ BankBest bank for newcomersNational Bank of CanadaBest bank for international studentsCIBC

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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. Learn more about our advertising and trusted partners…

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