Banks in Canada » credit unions http://www.banks.ca Canadian banking, credit cards, loans, savings, investments and retirement in Canada Tue, 28 Jul 2026 08:39:54 +0000 en-US hourly 1 https://wordpress.org/?v=3.9.40 Do You Need a Financial Advisor? + MORE Jun 7th http://www.banks.ca/banks/do-you-need-a-financial-advisor-more-jun-7th/ http://www.banks.ca/banks/do-you-need-a-financial-advisor-more-jun-7th/#comments Fri, 07 Jun 2013 18:42:31 +0000 http://www.banks.ca/banks/do-you-need-a-financial-advisor-more-jun-7th/ Canada has several major banks and many schedule II banks – but with rates and plans all over the map, it’s difficult to know where to bring your business. Our aim is to help you navigate Canada’s banking options to discover which one suits your needs best.
Latest News
banking

Why banks are so slow to lower lending rates, but so quick to hike them + MORE Jul 15th

(iStock) Canada’s biggest banks raised their prime interest rates one after another this week following the Bank of Canada increase of its policy rate to 0.75 per cent from 0.5 per cent. The base lending rate at the Big Six now is 2.95 per cent, compared with 2.7 per cent before the central bank.... More »
savings account

Iran issues local credit cards for the first time in decades + MORE Sep 26th

TEHRAN, Iran – Iranian banks have begun issuing credit cards for the first time in decades, local media reported on Monday. The report by several newspapers, including the daily Donya-e-Eqtesad or World of Economy in Farsi, said the cards will be for domestic use only and do not involve any so.... More »

Shareholders push for ethical AI use at Canada’s biggest companies Jul 23rd

When Canada’s most valuable companies hosted their annual general meetings this year, there was a new topic for shareholders to vote on among the usual requests to appoint board members and OK their executive compensation. The proposal from Quebec-based investor rights group le mouvement d’é.... More »

Wealthsimple launches savings account with premium rate + MORE Apr 6th

TORONTO —Robo-adviser Wealthsimple is hoping to lure clients away from traditional financial institutions by launching a savings account with a premium interest rate. The Smart Savings account, launched in Canada and the U.S. on Thursday, will offer a 1.7 per cent interest rate north of the border.... More »
canadian dollar

Before It’s Too Late! Best Credit Card Welcome Offers of June 2019 Jun 3rd

We usually sign up for credit cards because of special features and benefits – from cash-back earning rates to travel perks to balance transfer offers. And one feature that may make or break your decision between one credit card or another is the welcome promotion – a special bonus that adds va.... More »

Do You Need a Financial Advisor?

– ratesupermarket.ca

Do You Need a Financial Advisor?
Most Canadians start planning for their retirement by walking into their local bank and investing in a Registered Retirement Savings Plan (RRSP). It’s quick, easy, and you get a discount on your annual tax bill. But, eventually (hopefully!) you’ll have enough of a nest egg socked away that you’ll want some professional advice on how to best manage and grow your savings. Here’s where to look for help.
Are You Ready For Professional Help?
If your investments are really small – a couple hundred or thousand dollars a year – filling in one of the various banks’ “risk assessment profiles” and talking with one of their RRSP experts is probably sufficient for the early years of financial planning. But, eventually, you’ll probably want to seek some more sophisticated advice. According to Greg Pollock, president and CEO of Advocis (The Financial Advisors Association of Canada), much of the Canadian public has a misconception that you need to have a certain amount of savings on hand before you can and should meet with a financial advisor…


Continue Reading On ratesupermarket.ca »

Do You Need a Financial Advisor?

– ratesupermarket.ca

Do You Need a Financial Advisor?
Most Canadians start planning for their retirement by walking into their local bank and investing in a Registered Retirement Savings Plan (RRSP). It’s quick, easy, and you get a discount on your annual tax bill. But, eventually (hopefully!) you’ll have enough of a nest egg socked away that you’ll want some professional advice on how to best manage and grow your savings. Here’s where to look for help.
Are You Ready For Professional Help?
If your investments are really small – a couple hundred or thousand dollars a year – filling in one of the various banks’ “risk assessment profiles” and talking with one of their RRSP experts is probably sufficient for the early years of financial planning. But, eventually, you’ll probably want to seek some more sophisticated advice. According to Greg Pollock, president and CEO of Advocis (The Financial Advisors Association of Canada), much of the Canadian public has a misconception that you need to have a certain amount of savings on hand before you can and should meet with a financial advisor…


Continue Reading On ratesupermarket.ca »

Why not follow our RSS feed to keep in sync with the latest Canadian banking news?
]]> http://www.banks.ca/banks/do-you-need-a-financial-advisor-more-jun-7th/feed/ 0