The Bank of Nova Scotia, or Scotiabank as it's commonly known, has more than $1.3 trillion inassets. The bank serves more than 10 million customers in its home market and another 15 million worldwide.15Many deem Scotiabank as one of the more international banks in Canada, given its presen...
What US Banks Can Learn from CanadaAmerican, WhenObama, Barack
The Federal Reserve Banks: This group is made up of 12regional banksthat oversee various parts of the country. They are located in Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco.4The banks are supervised b...
G We’ll never know which animal laughed the first laugh, or why. But we can be sure it wasn’t in response to a prehistoric joke. The funny thing is that while the origins of laughter are probably quiet serious, we woe human laughter and our language-based humour to the same unique...
While each bank sets its own prime rate, the posted prime rates for major banks are often the same. Their prime rates depend on the Bank of Canada’s policy interest rate, which is the average interest rate for one-day loans between financial institutions. For instance, if the Bank of ...
The Port of London lies along the banks of the River Thames. The Tower Bridge of London over the River Thames has also become one of the symbols of the city. The West End of London includes many tourist attractions,as well as business and administrative headquarters. Some examples of London...
Explore the different types of online and offline scams to keep yourself and your business safe. Learn about how they work and what to look for.
Canada’s wildfire season put its tourism industry at a crucial time.Except some days of poor air quality, major Canadian cities remain unaffected by wildfires. The fires are in the country’s northern areas that have drawn travelers interested in outdoor experiences in years past.In a recent ...
The prime interest rate in Canada is influenced by the Bank of Canada’s policy rate. The Bank has scheduled meetings on eight fixed dates each year. It’s during these meetings that any policy rate adjustments are typically announced. Types of interest rates As said earlier, the banks dete...
Some banks no longer issue certified cheques drawn on personal accounts. Another assured way to securely transfer money is through a money order. Money orders are certified, cashable documents sold through Canada Post and other financial institutions. Bank draft vs. certified cheque vs. money ...