The Cost of Cheques
Cheque costs from banks continue to rise year over year, until the point that cheques will price themselves out of the market. Electronic transfers now outstrip cheques, so why are they so darn expensive?
Cheque costs from banks continue to rise year over year, until the point that cheques will price themselves out of the market. Electronic transfers now outstrip cheques, so why are they so darn expensive?
Banking on Sunday in Canada has been around for a while now, but is it such a wonderful service that we can’t live without it?
Inflation Drops a Little in August Our amigos over in Stats Canada published the latest CPI numbers yesterday and the rate is slowing a little, but not by much, dropping 0.1% year over year in… Read More »CPI Down a Little
Interest rates did sky rocket in 2010 after the recovery started, but to miniscule levels compared to the 80’s.
Learn about the Bank of Canada’s unexpected decision to raise the overnight rate by 50% in July 2010. Discover how this hike will impact borrowing costs.