KeatsConnelly Cross-Border Weekly Best of the Web 2015-7-31

web-search-greyEvery week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.

This week we begin with an article reviewing consumer satisfaction with Canadian banks, then move to an article indicating top international trading partners for each US state, and wrap up with a review of an inauspicious start to a new Canadian immigration program.

Canadian Banks’ Record Profits ‘Achieved at Expense of Customer Satisfaction’: J.D. Powers ( – Canadians are growing increasingly dissatisfied with their banks and rising fees are among the main reasons why, says a new study from J.D. Power. “Record profits for retail banks in Canada are being achieved at the expense of customer satisfaction as customers report increased fees and reduced levels of service in the branch and on the phone,” the marketing research firm said in a statement. The survey comes after a wave of bank fee hikes earlier this year that affected customers at all of Canada’s major banks…

Here’s each US state’s most important international trading partner ( – International trade is a big part of America’s economy, and a factor in each of the fifty state economies that constitute it. The Census Bureau publishes annual figures on each state’s international trade. In addition to the top 25 goods imported and exported by each state, the Bureau reports the 25 countries each state imports the most from and exports the most to. We took a look at the biggest trade partners by dollar value of goods imported and exported for each state in 2014…

Canada gets only six applicants for millionaire immigration program ( – Canada has received just six applications for its pilot immigration program for millionaires, far fewer than for its investor class visa that was scrapped last year amid criticism it was allowing rich Chinese to buy their way into Canada. “I knew it wasn’t going to work. It was poorly designed,” said Richard Kurland, a Vancouver immigration lawyer who filed an Access to Information request for the data. Canada said in December it was looking for 50 wealthy foreigners to join the pilot run of the Immigrant Investor Venture Capital (IIVC) plan, under which applicants must be far richer than those who entered under the previous program…

We will not have a Best of the Web next week, but return on August 14th with more interesting and relevant cross-border articles. Enjoy your weekend!

Tagged with: , , ,
Posted in Cross-Border Blog
Cross-Border Series
The Border Guide
Now available in its 11th edition, The Border Guide has sold over 80,000 copies and is considered the definitive cross-border financial tool for Canadians living, working and investing in the United States.
A Canadian's Best Tax Haven
This book will show you how to realize your dream of living a lifestyle in a climate that allows for year-round golfing and sandy beaches while lowering your taxes and cost of living.
Taxation of Canadians in America
This book addresses individual US taxation and estate planning issues you will face as a Canadian living in the US.
Taxation of Americans in Canada
US citizens and green card holders are subject to US tax regardless of where they reside in the world. Are YOU at risk?

Crossing the Border?
Get Updates from Us