Two of Canada’s largest lenders, RBC and Scotiabank, had their credit ratings downgraded last week by Fitch and Moody’s respectively. What’s behind this downgrade – and should banking consumers worry?
Introducing the best bank accounts in Canada 2015! RateSupermarket.ca has released the rankings from their annual Best of Finance awards – read on to learn more about the best savings accounts, chequing accounts and GICs.
A recent RBC study finds students are worried about the financial future – and it’s no wonder, as employment prospects are tight, and tuition costs high. When it comes to juggling jobs, classes and loans, it’s easy to become a stress case – here, Derek shares his tips for staying financially grounded as he enters his last year of college.
Online banking is growing in popularity in Canada – but not all bank websites are created equal. What makes a great online user experience? Tell us and WIN $50!
Some of the new RBC bank fees, which were slated to launch in June, will be reversed, the lender announced today. The bank changed its stance on fees due to intense consumer backlash regarding “pay to pay” charges. Here’s what consumers should know.
How will consumers fair in a post rate cut reality? From your savings to your mortgage, here’s what you need to know.
Canada’s banks have finally responded to the Bank of Canada’s Overnight Lending Rate cut, with a 15 basis point discount to their Prime rates. Could more cuts be on the way? Read on to catch up on this week’s biggest Housing Headlines.
Two of Canada’s banks have slashed their savings account rates in response to the Bank of Canada’s recent rate cut – despite minimal Prime movement so far. Here’s what you need to know.
Heartbeat banking – using your own heart’s rhythm as a security device – is now a reality. Introduced by Bionym and tested by RBC, this new tech could change mobile banking security measures. Would you use it? Read on to learn more.
OSFI, the national bank regulator, has deemed six of Canada’s largest lenders as “too big to fail”. What does this mean for banking consumers – and what measures are being put in place to protect our banks in case of another national recession?