The mortgage will probably be expensive to transfer over, if you have much time left before you have to renew. Probably 3 months of interest. Why not switch everything over except for the mortgage?
Right now we deal with 4 different banks. TD with one mortgage, Scotia with another, First Calgary with our savings account, and PC, which we're currently transferring over to First Calgary. Trying to get everything over is a bit of a pain since we have so much direct debit. If you pay most of your bills over the internet or with cheques you probably won't have too much trouble moving everything over.
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