Financial Product Reviews

The Tangerine TFSA is a tax-free savings account for Canadians from one of the most well-respected online banks in the country. A TFSA works like a standard savings account but you also get tax-sheltering benefits – and the Tangerine TFSA is no different.

Mutual funds are a relatively safe bet for Canadian investors, in that they are professionally managed, and diversified to withstand the vagaries of the market. Like most big Canadian banks, Scotiabank offers an array of mutual funds, ranging from cash equivalent, to balanced, to index funds.

You may be thinking about shopping around for a mortgage. Tangerine offers a small array of mortgages for Canadians, including the Tangerine variable rate mortgage.

Scotiabank offers a small collection of Exchange Traded Funds (ETFs) – bundles of securities that are listed on exchanges, which are traded just like regular stocks. Scotiabank has over 120 ETFs available, and you can use them to diversify your investment portfolio.

A Scotiabank TFSA is an easy way to take advantage of tax-free savings while investing with a trustworthy big bank. You’ll get a variety of options, including GICs (4 different types, in fact), mutual funds, portfolios, and cash savings accounts. You can also invest in stocks and bonds in your self-directed TFSA through Scotia iTrade.

If you’re looking for ways to save for your retirement, Scotiabank RRSPs come in a variety of shapes and sizes – with options for both the DIY and laidback investors alike (and everyone in between). You can open up a self-directed RRSP through Scotia iTrade, an automated portfolio, or keep it simple with a registered savings account.

Desjardins is an insurance company based in Quebec that offers an array of different insurance types, including car insurance. While they have an array of options available that allow you to customize your insurance package to meet your own, personal needs, they only have insurance available to people living in select provinces.

If you drive a car in Canada, you need to have car insurance. Scotiabank offers a comprehensive array of auto insurance options for people in most parts of Canada. You can also get an instant car insurance quote online, which you can easily customize, so you only get the options you want and need.

From one of Canada's largest and most reliable banks comes the Scotiabank Momentum^PLUS Savings Account, a no-fee savings account designed to help you save money and reach your financial goals faster. It offers "premium period" interest rates and account bonuses that give you up to 4.75%,^* for the first three months.

Like the rest of Canada’s big banks, TD offers mortgages as one of its various financial products. With competitive rates and a variety of terms and mortgage solutions, TD should definitely be on your list when comparison shopping.