Banking

CBDCs or Central Bank Digital Currencies are digital versions of domestic currencies issued by the country’s Central Bank. While there is no CBDC for the Canadian Dollar yet in Canada, …

When you first arrive in Canada, you have to find a place to live, start a job, and learn about your new community. It’s a lot to get organized. Getting …

With so much market volatility, fixed-income assets like GICs or Guaranteed Investment Certificates have been popular among Canadians. But what do we mean when we say GIC rates?  GICs pay …

Key Takeaways Opening a business account is the first step to setting up your small business and keeping it legally compliant.  Financial technology companies offer various options, such as Loop …

Wealthsimple is more than a robo-advisor. It also offers savings accounts, a stock and crypto brokerage account, tax software, and a cashback prepaid card. Using a Wealthsimple high-interest savings portfolio …

Routing numbers are used to process both cheques and electronic transactions within banks in Canada. They’re created by combining your transit number and financial institution number, making it easier to …

EQ Bank became the latest bank to offer the First Home Savings Account (FHSA), a tax-free plan you can use to save for your first home. With the EQ Bank …

Thanks to online banking, opening a new bank account online in Canada has never been easier. Within minutes, you can be banking at any of the largest Canadian banks and …

Tangerine and EQ Bank are two of the most popular neobanks in Canada. What is a neobank? These are online-based fintech companies that offer a full range of financial products …

How many bank accounts should you have? There is no one correct answer. Some people are happy with one, while others prefer having multiple bank accounts with different banks. Read …