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Canadians Affected By Fraud

Canadians Affected By Fraud
On March 11th, Banknerd.ca had its article “Fraud Prevention Quiz” published on Jonathan Chevreau’s blog, the Wealthy Boomer. The article, which mentioned the Fraud Prevention Quiz, went into detail on debit and credit card fraud. One in three Canadians believe they have been victimized by debit or credit card fraud. After reading this statement in the article, ... Full story
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Scotiabank Affiliate Thanachart Bank Acquires Stake in Siam City Bank

Scotiabank Affiliate Thanachart Bank Acquires Stake in Siam City Bank
On March 11th, Thanachart Bnk confirmed that it has reached an agreement to acquire almost 48% of Thailand’s Siam City Bank. The agreement is subject to regulatory approvals in Thailand. The stake in Siam City Bank is currently owned by Thailand’s Central Bank through the Financial Institutions Development Fund (FIDF). The Bank of Nova Scotia owns 49% of ... Full story
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QuickTax 2009 Review

QuickTax 2009 Review
QuickTax is Canada’s #1 Best Selling Tax Software, and with QuickTax 2009 available, it does not fall short of its predecessors. Year after year QuickTax is the solution many Canadians take to file their tax returns, and being number 1 only shows that QuickTax gets the job done easily and efficiently. QuickTax is available in 5 different versions; ... Full story
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RBC: Canadian Economy in for a Major Rebound

RBC: Canadian Economy in for a Major Rebound
A new forecast from RBC Economics says that Canada’s economy is set for real Gross Domestic Product (GDP) growth of 3.1% this year and 3.9% in 2011. RBC has noted that a peak in stimulus investment, improved credit markets and a recovery in consumer spending are pushing the increase of GDP growth. Craig Wright, chief economist ... Full story
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CIBC: Parity by Summer

CIBC: Parity by Summer
Interest rates increases are expected to drive the Canadian dollar back up to parity with the U.S. dollar by the summer according to a new report from CIBC World Markets Inc. This forecast is based on the expectation that the Bank of Canada will be raising its key lending rate in July, which is at least 6 ... Full story
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Canada’s Biggest Banks Earn $5.09B in First Quarter

Canada's Biggest Banks Earn $5.09B in First Quarter
Canada’s five biggest banks saw their profits rise by almost two-thirds in the first quarter of 2010, compared to the same period last year when the recession had taken root and any earnings were taken away. The banks have earned a combined total of $5.09 billion in the three months that ended on January 31st; compared to ... Full story
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BMO Adjusts Residential Mortgages

BMO Adjusts Residential Mortgages
BMO Bank of Montreal announced on March 9th, 2010 that it will be decreasing its residential mortgage rate; this will take effect as of March 10th, 2010. In addition BMO Bank of Montreal also announced that it will be making it easier for Canadians to be mortgage free sooner with the introduction of the new BMO five ... Full story
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WestJet Reward Pograms Launches with New RBC MasterCard and Frequent Guest Program

WestJet Reward Pograms Launches with New RBC MasterCard and Frequent Guest Program
On March 8th, 2 010, WestJet announced it will be launching two new programs to reward travelers who fly with Canada’s preferred airline. The WestJet Credit Card Program offered in a partnership with Royal Bank of Canada (RBC) and MasterCard, and the WestJet Frequent Guest Program will offer guests the opportunity to earn and accumulate WestJet dollars. With ... Full story
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Scotiabank Profit Increases 17%

Scotiabank Profit Increases 17%
The Bank of Nova Scotia may be the last of Canada’s big banks to report its first quarter earnings, however it does not lose to its competition. Scotiabank beat analyst estimates, as profit was $988 million, which is up 17% from the same period a year ago, and ahead of analyst estimates. Scotiabank has noted that was the ... Full story
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Economist Look Beyond Stimulus

Economist Look Beyond Stimulus
The Canadian economy is moving along again with the billions of dollars in government spending. Ottawa is now preparing to bring down its Economic Action Plan, which means that it is time for private sector businesses to take action and begin hiring new employees, investing in new equipment and machinery and boosting productivity. The questions economists have ... Full story
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