Legal
Privacy Policy & Terms of Use
Last updated: July 1, 2026
Privacy Policy
What information we collect
When you create an account, we collect your email address, which is used solely to send you a one-time login code. We do not use passwords. If you use the mortgage calculator, AI Mortgage Advisor, or any similar tool, we collect the financial information you choose to enter — such as income, home price, down payment, existing debts, and similar figures — along with any questions you type into the AI Advisor. If you choose to save a scenario while logged in, that information is stored against your account so you can return to it later. If you do not save it, and you are not logged in, this information is not stored after you leave the site.
Saved scenarios and account usage
Saved scenarios are stored with your account and may include calculator inputs such as income, home price, down payment, monthly debt payments, property taxes, heating costs, condo fees, interest rate, amortization period, and calculated results such as payment estimates, GDS/TDS ratios, LTV, and approval likelihood. We also store account usage information, such as AI Mortgage Advisor question counts used to enforce daily limits.
How we use your information
We use your email to authenticate your login and to enforce fair-use limits (such as a daily limit on AI Advisor questions). We use the financial figures you provide solely to perform the calculations you requested and, where you have asked a question of the AI Advisor, to generate a relevant explanation. We do not sell your personal information to third parties.
Product improvement and analysis
We may use saved scenarios, usage counts, and aggregated interaction data to understand how users use the product, improve the site, troubleshoot issues, and measure interest in mortgage tools, lender links, and news content. We do not sell your personal information to third parties.
Use of artificial intelligence
CanadianBankNews uses Google's Gemini AI models, accessed through Google Cloud, to generate plain-language summaries of news articles and to explain the results of our calculators in the AI Mortgage Advisor. When you ask the AI Advisor a question, the underlying numbers shown to you (such as monthly payment, approval likelihood, GDS/TDS, or similar figures) are always calculated by deterministic, rule-based logic — never invented or estimated by the AI model. The AI model is used only to explain those already-calculated numbers in plain language. Inputs you provide to the AI Advisor, along with the relevant calculation results, may be sent to Google Cloud's Gemini API in order to generate that explanation.
AI Mortgage Advisor consent
By using the AI Mortgage Advisor, you authorize CanadianBankNews to process the question you submit and the related calculator or saved-scenario inputs for the purpose of generating the requested explanation. AI-generated explanations are provided for informational purposes only and should not be treated as professional mortgage, financial, legal, or tax advice.
News content
News headlines and articles displayed on this site are aggregated from third-party publishers and public sources (including, for example, the Bank of Canada and major news outlets) via their publicly available feeds. We are not the original publisher of this content. AI-generated summaries are provided for convenience and are not a substitute for reading the original article, which is always linked.
Cookies and analytics
We may use cookies and similar technologies, including web analytics tools and advertising conversion tracking, to understand how the site is used and to measure the effectiveness of our marketing. You can control cookies through your browser settings.
Click tracking
We may track interactions such as page views, clicks on external lender links, clicks on original news article links, and similar events. This helps us understand which tools, articles, and lender links users find useful.
Data storage and security
Your data is stored using Google Cloud Platform infrastructure located in Canada. We take reasonable technical measures to protect your information, but no method of storage or transmission is completely secure, and we cannot guarantee absolute security.
Your choices
You may delete any saved scenario at any time from your account. To request deletion of your account and associated data, contact us using the details below.
Terms of Use
Acceptance of terms
By using CanadianBankNews.com, you agree to these Terms of Use. If you do not agree, please do not use the site.
Account, scenario, and AI Advisor acceptance
By creating an account, saving scenarios, or using the AI Mortgage Advisor, you agree to the data collection, storage, AI processing, analytics, and usage-limit practices described in this Privacy Policy & Terms of Use.
No professional advice
CanadianBankNews is an informational tool. Nothing on this site constitutes financial, legal, tax, or mortgage advice, and no content on this site should be relied upon as a substitute for advice from a licensed mortgage broker, financial advisor, accountant, or lawyer. See the Disclaimer section below for more detail.
Acceptable use
You agree not to misuse the site, including by attempting to circumvent usage limits, submitting false information with intent to disrupt the service, or attempting to access another user's account or data.
Account responsibility
You are responsible for maintaining access to the email address associated with your account, since login is performed by emailing you a one-time code.
Changes to the service
We may update, change, or discontinue any feature of the site at any time. We may also update these Terms of Use from time to time; continued use of the site after changes are posted constitutes acceptance of the updated terms.
Limitation of liability
To the fullest extent permitted by law, CanadianBankNews and its operator are not liable for any decisions made, or losses incurred, based on information, calculations, or AI-generated content provided on this site.
Disclaimer
Not a lender, broker, or advisor
CanadianBankNews is not a bank, mortgage lender, mortgage broker, or licensed financial advisor. We do not approve, deny, underwrite, or fund any loan, mortgage, or line of credit.
Approval and affordability figures are estimates only
Any approval likelihood, affordability figure, GDS/TDS ratio, monthly payment estimate, or similar output shown by our calculators or AI Mortgage Advisor is an illustrative estimate only, generated using simplified, publicly documented formulas and the information you provide. These figures are not a pre-approval, pre-qualification, offer of credit, or guarantee of any kind, and may differ substantially from the actual decision made by a real lender, which considers additional factors — including your credit history and credit score — that this site does not collect or use. Always confirm affordability and approval directly with a bank, credit union, or licensed mortgage broker before making financial decisions.
Mortgage rates shown are illustrative
Interest rates displayed on this site are a sample of posted or advertised rates and may not reflect the rate you would actually be offered. Always confirm current rates directly with the lender.
AI-generated content may contain errors
News summaries and AI Advisor explanations are generated using artificial intelligence and, while we take steps to ensure accuracy, may occasionally be incomplete or contain errors. AI explanations are intended to clarify already-calculated numbers, not to provide independent financial guidance.
No relationship with named lenders
Mention of any specific bank or lender on this site is for informational comparison purposes only and does not imply an endorsement, partnership, or referral relationship unless explicitly stated.
Privacy Questions
For privacy questions contact info@canadianbanknews.com.