Your Trusted Source for Financial News

Stay informed with the latest updates from Canada's financial sector

BREAKING
Bank of Canada announces new financial stability measures | Canadian housing market shows signs of recovery | Major credit unions report strong Q1 earnings

Market Summary

Updated: 4:00 PM EDT

TSX Composite

21,456.78

+125.45 (+0.59%)

S&P/TSX 60

1,285.32

+7.82 (+0.61%)

CAD/USD

0.7425

-0.0012 (-0.16%)

10-Year Bond

3.42%

-0.05 (-1.44%)

Featured Financial Updates

Financial market image

Bank of Canada Holds Interest Rates

The Bank of Canada announced today that it is maintaining its target for the overnight rate, continuing the period of stability in the Canadian financial market.

Read More
Credit union image

Credit Unions Report Strong Growth

Canadian credit unions are reporting significant membership growth as consumers seek community-focused financial services with competitive rates.

Read More
Investment image

Investment Trends for 2025

Financial analysts predict sustainable investments and technology sector growth will continue to dominate Canadian investment portfolios in the coming year.

Read More

Financial Tools & Resources

Mortgage Calculator

Calculate your monthly mortgage payments based on interest rate, term length, and down payment.

Try Calculator

Investment Return Calculator

Project your investment growth over time with our compound interest calculator.

Try Calculator

Credit Union Finder

Find credit unions in your area and compare rates, services, and membership requirements.

Find Credit Unions

Currency Converter

Convert between Canadian dollars and major world currencies with up-to-date exchange rates.

Convert Currency

Home Affordability Calculator

Determine how much house you can afford based on your income, debt, and down payment.

Try Calculator

Retirement Planner

Plan for your retirement with our comprehensive calculator that accounts for inflation and taxes.

Plan Retirement

What Our Readers Say

CanadaFinance has been my go-to source for financial news for years. Their coverage of credit unions is unmatched, and I appreciate their clear explanations of complex topics.

Testimonial author

Sarah Thompson

Financial Advisor, Toronto

The mortgage calculators and financial tools on this site helped me make informed decisions when buying my first home. I recommend CanadaFinance to all my friends.

Testimonial author

Michael Chen

Software Engineer, Vancouver

As a small business owner, I rely on CanadaFinance for updates on banking regulations and credit union services. Their reporting is always accurate and timely.

Testimonial author

Emma Tremblay

Business Owner, Montreal

Financial Education

Financial education

Improve Your Financial Literacy

At CanadaFinance, we believe that financial education is essential for making informed decisions. Our educational resources cover a wide range of topics, from basic budgeting to advanced investment strategies.

Popular Educational Resources:

Upcoming Financial Events

MAY
20

Financial Planning Workshop

Toronto, ON | 6:00 PM - 8:00 PM

Join our expert financial planners for a free workshop on creating a personalized financial plan. Topics include budgeting, saving, and investment basics.

MAY
25

Credit Union Conference

Vancouver, BC | 9:00 AM - 5:00 PM

The annual Canadian Credit Union Conference brings together leaders from credit unions across the country to discuss trends, challenges, and innovations.

JUN
05

First-Time Home Buyer Seminar

Montreal, QC | 1:00 PM - 4:00 PM

Learn everything you need to know about buying your first home, from mortgage pre-approval to closing costs and everything in between.

Subscribe to Our Financial Newsletter

Stay updated with the latest financial news, market trends, and exclusive content.

Disclaimer

The information provided on CanadaFinance is for general informational purposes only. All information is presented in good faith; however, we make no representation or warranty of any kind regarding its accuracy, validity, reliability, or completeness.

CanadaFinance does not provide financial advice. Content should not be construed as financial or investment advice. Always consult with a qualified financial professional before making important financial decisions. Market data may be delayed. Past performance is not indicative of future results.

Investment decisions should not be made based solely on information provided on this site.

Rates and product information are subject to change. Verify all details with financial institutions.