Canadian Bank Institution Numbers
An institution number is a unique 3-digit code that is used to identify a particular bank or financial institution and route electronic transactions to and from it. Here are the numbers for each bank in Canada.
What is a Routing Number in Canada? Where to find it
In Canada, the routing number for electronic fund transfers (EFT) such as direct deposit from employers, pre-authorized debit (PAD), bill payments, and wire transfers is made up of a leading zero, followed by your 3 digit institution number and 5 digit transit number.
Find Your Transit Number and Account Number
Your transit number is the 5 digit number at the bottom of your cheques. You can also see it by logging in to your online account or with these other methods.
House Closing, Operating and Maintenance Costs in Canada
All the expected and unexpected fees we incurred during the home buying process and the exact amounts we paid for each.
Second Mortgages Explained – Amounts, Rates and More
A second mortgage is an additional home loan you take out while the original mortgage is still in place that lets you access the equity you have built up in your home and use it for other projects or financial purposes such as debt consolidation.
Open vs Closed Mortgages in Canada Comparison
The major difference between the two is whether the mortgage allows you to pay it off or renegotiate it before the term is over. Here’s how they work, the pros and cons of each, and when you might want one instead of the other.
7 Ways to Borrow to Invest and Risks to Consider
The key to wealth is making your money work for you by investing it wisely, but you might not be earning enough to see the returns you want. You can make other people’s money work for you as well by borrowing to invest.
Free Canadian Sweepstakes and Contests to Enter Right Now
Contests and sweepstakes are a great way to get trips, gift cards, and products for free. There are always new
10 Best Personal Finance Books Every Canadian Should Read
The best way to reduce your money stress and take control of your finances is to read. There are hundreds of personal finance books available — some are good, and some are bad. We’ve compiled the best personal finance books below.