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Specialist James Denaro, right, works at his post on the floor of the New York Stock Exchange, Monday, Aug. 5, 2024. Nearly everything on Wall Street is tumbling as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.

Stocks

Why did the stock markets fall?

Financial markets around the world stabilize after Monday’s fall. Here’s what to know about how we got here.

Why did the stock markets fall?
Calculating cost savings on a 3- vs. 5-year mortgage

Mortgages

3-year versus 5-year mortgage: How to choose your term

Interest rates are still high but set to come down, which is a key factor in picking a mortgage...

3-year versus 5-year mortgage: How to choose your term
A sign outside of a National Bank of Canada branch

News

National Bank to buy Canadian Western Bank at $5-billion valuation

The deal will further consolidate the Canadian banking sector, following RBC’s recent acquisition of HSBC.

National Bank to buy Canadian Western Bank at $5-billion valuation
Woman working in call center as dispatcher

Mortgages

Mortgage broker vs. bank—which will save you more money?

The pros and cons of using a mortgage broker and going to a bank directly.

Mortgage broker vs. bank—which will save you more money?

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News

RBC earnings: A look at the bank’s Q2 financials

RBC reports Q2 profit up, returning more cash to shareholders after closing HSBC deal.

RBC earnings: A look at the bank’s Q2 financials

News

Scotiabank earnings: A breakdown of Q2 results for investors

Scotiabank profits slip as auto loans and variable mortgages weigh.

Scotiabank earnings: A breakdown of Q2 results for investors
A man sits against a wall outside comparing FHSA rates online

FHSA

Best FHSAs in Canada: Where to get the first home savings account

The first home savings account was created to help you save more money for a home purchase. Here’s how...

Best FHSAs in Canada: Where to get the first home savings account
Photo of an RBC office tower

News

RBC to convert HSBC locations as soon as takeover closes next week

The HSBC branch near you may soon be an RBC location. Here’s what HSBC customers can expect in the...

RBC to convert HSBC locations as soon as takeover closes next week

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A photo of an article about TFSAs in an old MoneySense print magazine.

News

Top financial innovations of the last 25 years

MoneySense was born 25 years ago. This list of 25 financial innovations shows how much personal finance has changed...

Top financial innovations of the last 25 years

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