How to go about securing the best savings strategy in Canada.
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The best high-interest savings accounts in Canada for 2025 + MORE Dec 24th
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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How to build a credit history while renting in Canada + MORE Oct 2nd
Being a young adult may afford you the freedom to live on your own. But for most people, that means renting a space—more than 80% of individuals aged 25 to 29 are renters. What’s more, younger Canadians who live in urban areas make up the largest group of renters, according to a study by RBC.... More »
Canadian banks boost consumer fees even as collective profits rise + MORE Jun 15th
TORONTO – Several of Canada’s biggest banks are upping the fees that they charge customers even as they continue to rake in hefty profits, and experts say Canadians are likely too complacent to do much about it.
TD Bank (TSX:TD) boosted a number of the fees associated with its personal d.... More »
How the Dow Jones industrial average and other major indexes fared on Tuesday + MORE Jun 23rd
Stocks made small gains Tuesday as investors waited for a deal between Greece and its creditors. Greece faces defaulting on its debt without new loans, but it appears that the country is making progress toward sealing a deal.
For the day:
The Dow Jones industrial average added 24.29 points, or 0.1 p.... More »
The best high-interest savings accounts in Canada for 2023 + MORE Jun 26th
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The best high-interest savings accounts in Canada for 2023
Here are the accounts offering the highest interest rates and lowest fees.
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Citigroup to pay $1.13 billion to settle investor claims over mortgage-backed securities
– canadianbusiness.com
NEW YORK, N.Y. – Citigroup has agreed to pay $1.13 billion to settle claims by investors seeking that the lender buy back billions in residential mortgage-backed securities.
The New York-based investment bank said Monday that the pact it reached with 18 institutional investors calls for Citigroup to make a binding offer to the trustees of 68 Citi-sponsored trusts that bundled some $59.4 billion in home loans into securities from 2005 to 2008.
The settlement offer, which must be approved by the trustees and the court, would release Citi from having to buy back mortgages sold to the trusts.
But the lender would remain vulnerable to other types of investor claims, including misrepresentations in the offering documents associated with the securities. It could also face potential actions by regulators.
The agreement also doesn’t cover home loans sold through private-label securitization trusts via Citi’s consumer mortgage business.
As part of the settlement, Citigroup said it has taken a charge of about $100 million for the first quarter…
The New York-based investment bank said Monday that the pact it reached with 18 institutional investors calls for Citigroup to make a binding offer to the trustees of 68 Citi-sponsored trusts that bundled some $59.4 billion in home loans into securities from 2005 to 2008.
The settlement offer, which must be approved by the trustees and the court, would release Citi from having to buy back mortgages sold to the trusts.
But the lender would remain vulnerable to other types of investor claims, including misrepresentations in the offering documents associated with the securities. It could also face potential actions by regulators.
The agreement also doesn’t cover home loans sold through private-label securitization trusts via Citi’s consumer mortgage business.
As part of the settlement, Citigroup said it has taken a charge of about $100 million for the first quarter…
How broke couple repaid debts of $127,000 in 4 years
– thestar.com
Student loans, credit card bills, car loans can be daunting for a young double who owe a lot. But there are strategiesShould unemployed single mother sell her house?
– thestar.com
This week’s Monday Makeover focuses on Clara, a 55-year-old mother of two who has had trouble finding a job and is dipping into savings to pay her bills.Spring Clean These 3 Areas For Savings
– ratesupermarket.ca
Do we dare say the Polar Vortex has been vanquished? The sun is a stronger presence every day and stubbornly low temperatures are nudging into plus double digits. Spring in full force may take a week or two yet, but that’s not stopping sun-starved Canadians from taking a fresh frame of mind – and that means clearing out the cold-weather clutter!
A good spring cleaning not only starts the season on an organized and efficient foot, but can also earn you a buck or two – and we’re not talking about lost coins under the couch cushions.
Here are three areas to tackle for spring cleaning savings:
In Your Closet
This is a tempting time for shoppers – retailers know you’re itching to ditch the salt stained parka, and store windows are full of bright, breezy duds. But you don’t need to blow your spring budget to look the part.
The trick is to divide and conquer what’s already in your closet:
Purge your closet of items that haven’t made your daily rotation for at least half a year…
How broke couple repaid debts of $127,000 in 4 years
– thestar.com
Student loans, credit card bills, car loans can be daunting for a young double who owe a lot. But there are strategies
