The Big Six banks control 85% of deposits, yet their rates rank near last
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Article Excerpt
ANALYSIS
The Big Six banks control 85% of deposits, yet their rates rank near last
HANIF BAYAT
SPECIAL TO THE GLOBE AND MAIL
PUBLISHED 1 HOUR AGO
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Comparing rates before renewing a GIC or opening a savings account costs nothing and can meaningfully change the return, writes Hanif Bayat.
MARK BLINCH/REUTERS
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Canada’s Big Six banks hold roughly 85 per cent of all deposits in the country. Add Desjardins, the seventh-largest player, …
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