Savings accounts play an important role in your financial health but many people don't take full advantage of using more than one. Ideally, you should have at least two: one for emergency savings and ...

Two of Canada’s big banks are changing their service charge and fee structure on personal accounts. There are gains and losses depending on how you bank.

Choose the bank you want to apply to. A bank you already do business with may give you a slightly better rate. Fill out an application. You can usually do this online or in person at a branch.

Most business owners are feeling less pessimistic about a potential recession than earlier this year, but still say they're ...

The Bank of Canada raised its benchmark interest rate on Wednesday for the first time since 2018, a move that will affect the cost of borrowing for various loans, including mortgages. For most of ...

But for accounts above $1,000, the Bank hangs on to them for 100 years after they get them (in other words, 110 years after the last activity). The oldest account was last touched in 1900.

We examine how changes in the Bank of Canada’s balance sheet impact the banking system. Quantitative easing contributed to an increase in the size of the banking system’s balance sheet and an ...