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banking

Investing

The best GIC rates in Canada for 2025

Find the best GIC rates in Canada. Plus, everything you need to know about how they work.

The best GIC rates in Canada for 2025
A magnifying glass enlarges the holographic image of Parliament Hill's Peace Tower on a 20 dollar bill issued at the Bank of Canada Museum in Ottawa on Wednesday, Sept. 4, 2024

News

When is open banking coming to Canada? Ottawa says “at the earliest opportunity”

Progress on open banking legislation has been slow. Here’s the latest news, plus which Canadian bank is already moving...

When is open banking coming to Canada? Ottawa says “at the earliest opportunity”

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A Canadian woman banking on her laptop at home.

Banking

Is Wealthsimple a bank? Not exactly, but it’s launching new “banking” services

Wealthsimple is flexing against Canada’s big banks. Here’s how it plans to get your business.

Is Wealthsimple a bank? Not exactly, but it’s launching new “banking” services
A young man and woman check their registered accounts on a tablet

Banking

TFSAs, RRSPs and FHSAs: 10 things you might not know

TFSAs, RRSPs and FHSAs: 10 things you might not know

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Two young women look at a bank promo offer on a phone

Banking

Should you get that promo rate? Check out the fine print first

Should you get that promo rate? Check out the fine print first
Middle-aged couple taking a selfie at a restaurant

Cash Allocation

HISAs vs. bonds and GICs: Where should Canadians hold their cash?

HISAs vs. bonds and GICs: Where should Canadians hold their cash?
A student works on his laptop in an empty lecture hall

Banking

The best student bank accounts in Canada

Students have a wide selection of banking options, from student offers at major banks to no-fee accounts with online...

The best student bank accounts in Canada
A man rubs his eyes in disbelief after discovering that he's a victim of fraud

Ask MoneySense

Financial fraud in Canada: What to do if your bank account or credit card is compromised

Financial fraud in Canada: What to do if your bank account or credit card is compromised

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A young woman frowns as she checks her banking app

Banking

Bank fees for non-sufficient funds will be capped at $10—but not until next March

New rules limit how much Canada’s banks can charge if you don’t have enough funds in your personal account...

Bank fees for non-sufficient funds will be capped at $10—but not until next March

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