https://padlet.com/madhvipatel231294/kgfpthdo6mjv Bank of Canada and financial institutions by Hetvi Thakkar, madhvi patel, Sanjana Chaudhari en-us 2019-11-25 22:18:48 UTC 2026-03-17 23:47:39 UTC hello@padlet.com madhvipatel231294 https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416260753 banks and financial institutes are business who keep track for persons finance. They deal with huge transactions, some are home loans, student loans, currency exchange world wide, etc. they keep public's money safe electronically i.e., personal chequing and saving accounts, business accounts, tax free saving accounts and many more. Here we had explained some details of Canadian financial institution in depth.]]> 2019-11-25 16:54:26 UTC https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416260753 madhvipatel231294 https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416416281 This site give deep information about the online banking of different Canada's banks. It is giving information about the online banking , its advantages,quality, how to use safe online banking, why use online banking,  benefits and the list of top online bank in Canada.
We selected  this site as now most of the people using online banking in their daily life as it is very convenient so this information must to understand before doing online banking. In this site they gave the information about different banks in which they are best, so we can choose bank accordingly our  own needs. Other thing is they gave detailed  comparison among all the banks. So we get to know which bank is more beneficial.

]]> 2019-11-25 22:23:04 UTC https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416416281 madhvipatel231294 https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416416339 This post giving depth information about the biggest 5 banks of Canada about their assets, capitalization, customers, employees. Their  assets around 100$ billions and they all based in Toronto.
The master piece of this, it is giving knowledge about their history. in which year they established the reason behind that.
Bank of Montreal is the oldest one which  became helped full during World War 1 and 2 also in global financial crisis in 2008. 
Royal Bank of Canada is the largest bank among them and it gives 1% of its income to charity.]]> 2019-11-25 22:23:14 UTC https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416416339 madhvipatel231294 https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417129  This site is all about latest regulations of banks. Canada's banks are  consider safest and soundest globally to maintaining this things  they have to ready for different changes and future challenges. The main goal is provide  stable and efficient financial system for that they continuing doing changes to makes it strong.
Parliament of Canada is the main regulator of all banks, it works under BankAct1. Other federal financial regulatory authorities are  Bank of Canada, the Office of the Superintendent of Financial Institutions (OSFI) and the Canada Deposit Insurance Corporation (CDIC). 
This site is so important as it is giving information about core of banks and their regulations. Key things about bank governance and their internal controls, required capital, various rules for the customers and third parties. As being a good citizen its needs to understand about the financial system of our country. As it affects our daily routine in  financial stability to protect ourselves and country from the crisis.]]> 2019-11-25 22:26:27 UTC https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417129 madhvipatel231294 https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417154  The website which is mentioned below describes the details and functionality of Loan Basics, Checking and Savings account, CDS and Money Market Account. Moreover it also describes Auto, Personal and Student Loans. 

This site is best suitable for many things, starting with the loan basics, it shows what is collateral and how the collateral works. Checking accounts shows the difference between various kinds of checking accounts. Savings account shows many things like choosing best rates, picking up the perfect institutions, funding new account and establishing beneficiaries. CDS which basically stands for Certificate of Deposits (CD), describes the details of CD ladder and what steps are included in it. Money Market Funds give brief description of the market fund and also the unique qualities of it which includes safety, low initial investment and accessibility. At the end this site shows the functionality of student, auto and personal loans. ]]> 2019-11-25 22:26:35 UTC https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417154 madhvipatel231294 https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417181 This image gives insight on bank of Canada, Canada's  central bank. It is a main institute which provides banking services to government and loans to Canadian financial institutions. It provides a stable and efficient financial system in Canada.]]> 2019-11-25 22:26:42 UTC https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417181 madhvipatel231294 https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417205 This image shows logos for different financial institutions which are spread across the entire Canada and which provides various facilities to customers. Some of them are Scotiabank, TD (Toronto-Dominion), PC, CIBC (The Canadian Imperial Bank of Commerce), BMO (Bank of Montreal) and Tangerine.]]> 2019-11-25 22:26:47 UTC https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417205 madhvipatel231294 https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417236 This video is showing how Canadian bank has changed according to their  customers priorities. It is also showing that how it become more convenient by updating their facilities and making it more easy to use. It describes ratio of customers who are using their different facilities like online banking , In branch banking and also showing satisfaction levels.

We have selected this particular video as it show the statistics very precisely for the customer satisfaction and also for the in-bank transactions. This video also shows that how Canadian banks have used modern technology for providing easy access to the accounts. It also shows that banks in Canada are innovating the evolving digital preferences to their customer.

]]> 2019-11-25 22:26:55 UTC https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417236 madhvipatel231294 https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417262 Review of financial institution by 6 vulnerability, video describes that households are increased in some areas like Alberta, Saskatchewan. Canadian housing market imbalance is noticed. cyber theft and financial interconnection also affect banking system. the video compares risk between low to high on topics like rise in financial stress, house price, high long term interest rate by higher global risk premium. In stress test between large bank and bound mutual funds, large bank would suffer because of loss but it remain strong on other side for mutual funds it would rise interest rates and affects on market liquidity. Overall, financial business will stay constant, tough and confident with change in market.

we had selected video because it compares up and downs of bank during day to day market and give information how interest rate changes and can affect on household buying and mutual funds maturities. ]]> 2019-11-25 22:27:01 UTC https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417262 madhvipatel231294 https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417309 Top 5 banks of Canada. The guy describes importance of bank account that if you have cash then you can buy things but if you want a house in good community you need good credit score provides by bank, also for investing in business you need bank account. Here is comparison of Canada's banks. In 1864 Royal Bank of Canada found, they have 60 millions of customers and some good deals when some one open new account. TD is one of the largest bank in world, and it gives credit card to build good credit history for international students no bank give it to student. Scotiabank found in 1832, best bank for GIC account and it offers movie scene points. too. BMO is found in 1870 and headquarter located in Toronto. CIBC merger of biggest financial institutes, they also have good deals and cash prices for opening an account.

If a person knows about all the bank and it's history and offers they give at opening an account then it would be helpful in selecting a bank for their day to day transactions. this is a reason we choose this video. 

]]> 2019-11-25 22:27:08 UTC https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417309 madhvipatel231294 https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417398 If you have difficulties understanding financial institution of Canada this video is best teacher for you. Why someone needs to about financial institution, because it keep informed you for your expenses and give you details on your incoming and outgoing history of money. according to video in 2014 Canada has 29 domestic banks and 24 foreign banks. There are 2 types of financial institution schedule 1 and schedule 2. Schedule 1 banks are domestic banks and 2 are foreign bank subsidiaries. Big 5 schedule 1 banks are RBC, TD, BMO, CIBC, Scotiabank. they account for about 85% of banking industry in Canada. To know about bank and it's offer before opening an account go and search on banks own website where you can find all the information about the bank. 

This video give information to beginner how to invest in bank and how a bank can help to secure money and what different type of institution out their to help to manage your daily expenses. ]]> 2019-11-25 22:27:26 UTC https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417398 madhvipatel231294 https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417424 The most surprising thing that we came to know is we can get balance sheet of our day to day transaction, certificates of deposits, even one can invest in money market account if they want safe investments, it works as same as savings accounts. CD rates are safe investment in which a person divide money in small amount and maturity dates are different for all that amounts so, it reduce risk of re-investment as well interest.]]> 2019-11-25 22:27:33 UTC https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417424 madhvipatel231294 https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417567 When I (Madhvi) came to Canada, I was new to financial institutes as they are different from my country. Going back few months I don't have knowledge about how banks works and I don't have any guardian here who can help me. this topic gives me in-depth information about top financial institution and how they work and how they can benefit their customers. ]]> 2019-11-25 22:28:00 UTC https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417567 madhvipatel231294 https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417612 After doing this much of research about the Canada's bank and financial institutions, if I could give suggestions to my family and friends it would be choose your financial institution wisely accordingly your needs as institutions have their own best things like Scotiabank best for digital interface. Be aware with all regulations, upcoming new rules or changes and financial rights and responsibilities.Always take all depth information about how that bank works. Be conscious while doing online banking and protect own selves from cyber crime,financial crisis or any financial fraud.]]> 2019-11-25 22:28:10 UTC https://padlet.com/madhvipatel231294/kgfpthdo6mjv/wish/416417612