HuffPost Canada closed in 2021 and this site is maintained as an online archive. If you have questions or concerns, please check our FAQ or contact support@huffpost.com.

Canadian banks

Profits surged 14% at Canada's Big Six banks in the most recent quarter, above pre-pandemic levels.
The Trudeau government had been urging lenders to reduce credit card rates during the COVID-19 pandemic.
Groups are also calling for rent payments to be suspended during the COVID-19 pandemic.
RBC's top executive predicts "a tough couple years" as consumer borrowing slows and digital financial companies gun for the traditional banks.
The country is seeing longer car loans and more uninsured mortgages.
"Excess profits" at the banks are harming Canada's economy, Democracy Watch says.
Tangerine is Canadians' favourite bank for the sixth year in a row, J.D. Power finds.
In Canada, merchants pay much more than businesses in other parts of the world for accepting credit card payments.
"Continued growth in Canadian consumer debt and elevated housing prices leaves consumers, and Canadian banks, more vulnerable to downside risks."
Unlike the Big Five, Canada Trust made every effort to make banking convenient for its customers. Their branches opened early and often stayed open well into the evening hours. Plus they were open Saturdays. Now, cracks are starting to appear in the solid, customer-friendly edifice that once was TD Canada Trust.