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Email this9:22 pm
October 21, 2013
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hank, while I basically agree with you, it's worth remembering that Simplii is a creature of CIBC.
6:42 am
December 4, 2017
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Loonie, for some reason I thought Simplii was PC and not CIBC, but yup yer right....AND just as Tangerine is an offshoot of Scotia?
5:03 pm
October 21, 2013
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I can understand your confusion. Simplii is the new name for PC's banking function. Simplii is a brand, if you will, like Tide is a brand of Procter and Gamble.
Tangerine and Scotia are also linked, but the arrangement is a little different. Tangerine and Scotia are separately insured by DIC, whereas Simplii and CIBC are only insured once, together. Somebody else undoubtedly understands this arrangement better than I.
6:05 pm
September 11, 2013
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The distinction between Simplii/CIBC and Tangerine/BNS has been explained clearly here before, most recently in post #56 by rfdm4g4g9 in the thread Simplii Financial Extends Its Promo..............
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