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Finance: The Basics on Banking in Canada

By the FCAC As you start your new life in Canada, you will need to find out how to manage your money in this country. One of the first things you should do is to open a bank account. Canadian bank accounts are a safe and convenient place to…

Bank machine fees: do the math!

John Kane is Manager of Communications at the Financial Consumer Agency of Canada (FCAC), a federal government agency that protects your rights as a consumer and gives you information about financial products and services.

Bank machine fees: do the math!

John Kane is Manager of Communications at the Financial Consumer Agency of Canada (FCAC), a federal government agency that protects your rights as a consumer and gives you information about financial products and services. Did you know that…

How to Avoid Being a Victim of Fraud

Type of Scam How it Works What you can do Loans with Up-Front Fees A company guarantees you a loan despite bad or no credit, but they require an up-front fee. In most of Canada, it is illegal for a company to request an up front fee prior…