New Financial Programs Are Never Easy
Setting up an RDSP should be straight forward, however, due to it not being a heavily used savings vehicle, the Banks have not made it simple.
How do Banks Differentiate Themselves? (continued)
How do banks differentiate themselves? Offering services, but are they cheaper? Free banking? Does that exist.
Banks Were Like This?
This is a reprise of one of my favorite NFB shorts, called My Financial Career based on a story by noted Canadian humorist Stephen Leacock. For my regular readers you’ll know I have already posted… Read More »Banks Were Like This?
Random Thoughts: When Celebrities Go…
Celebrity deaths of Ed McMahon, Farrah Fawcett and Michael Jackson cause us to rethink the impact of celebs on the economy. Michael James points out the Grocery Bag Lessons in Economic Incentives, so what does the summer hold for the Michael Jackson recovery?
Canada in a Good Place? {March 2009}
In March 2009, amid the global financial crisis, Canada was praised by the Bank of Canada, the IMF, and Prime Minister Stephen Harper for being in a strong position to recover faster than other economies. While optimism was widespread, the article reminds readers to maintain financial skepticism and prepare for uncertainties. It also delves into bank service fees, questioning why certain banking activities—like using a Line of Credit—are free while traditional chequing accounts incur charges. A reflection on financial policies and consumer banking in Canada during economic turbulence.
Keywords: Canada, Bank of Canada, financial crisis, recession, economic recovery, banking fees, financial planning
