BMO Bank of Montreal has launched the BMO AgriInvest Savings Account, allowing agricultural customers to double their savings by generating matching government funds for every allowable contribution they make to the account. Before now, farmers have accessed AgriInvest accounts through the department of Agriculture & Agri-Food Canada (AAFC). BMO expects that with an AgriInvest account

BMO Bank of Montreal has announced that it will be increasing the interest rate on its BMO Smart Saver Account from 1.00% to 1.10%, effective immediately. This increase now means that BMO now offers the best rate on a saving account of any major financial institution in Canada, as well as free deposits and transfers

When it comes to saving, it can become an overwhelming task for many of us. We tend to feel that it is never too hard to just begin saving money from our paychecks, however when we do start to save, it is a whole other story. What people tend to do, which is a great

I recently had a conversation with a friend, and the topic of saving came up. What shocked me the most was hearing his expenses, how much he saved, and the amount of money he made last year. His expenses were something he could have easily adjusted to spend less, however he made a good bit

Canadian Imperial Bank of Commerce (CIBC) has introduced a range of solutions for you to choose, which will make it worth switching your banking to them. You can switch, and save more on your home borrowing. Transfer in your mortgage to CIBC and get $4,000 cash back and a great low rate of 4.49%. There

Tax Free Savings Accounts (TFSA) are always a great option to help you save. The Canadian Tire Tax Free Savings Account offers you both high interest savings that is just too good to pass up. With the Canadian Tire Tax Free Savings Account you can earn a high interest rate of 3.15%. You will be able

Last week I began this mini-series on Tax Free Saving Account (TFSA) FAQ, and today I will get into more questions pertaining the topic which will hopefully allow people to see the pros and cons of getting such an account. 6. What would happen if the contribution limit was surpassed? If you do contribute more