We believe in helping people make smarter decisions with their money.
Our Vision
At LowestRates.ca, our vision is to empower Canadians to make informed financial decisions by providing a transparent and accessible platform for comparing rates and finding the best financial products tailored to their needs.
Our Mission
Our mission is to simplify the financial landscape for Canadians by connecting consumers with the lowest possible rates and products in the market, ensuring that everyone has the tools and information required to achieve their financial goals.
Who are we
LowestRates.ca is a Canadian fintech company founded in 2012 by co-founder and then-CEO Justin Thouin and based in Toronto, Ont.
Ratesdotca acquired LowestRates.ca in September 2021.
Lowestrates.ca is a free and independent service that helps people save time and money by allowing them to compare insurance, credit cards, mortgages, and loans offered by North America’s leading financial institutions.
Our team of experts is committed to providing up-to-date information and resources to guide consumers through their financial choices.
As featured in
We work with the top financial services providers in Canada
Why LowestRates.ca is Popular
Our popularity stems from our user-friendly platform that allows consumers to compare rates quickly and effortlessly. We are committed to transparency, offering comprehensive insights into various financial products, which helps users make well-informed decisions without any hidden agendas.
History of the Brand
Founded in 2012, LowestRates.ca started with a simple goal: to offer Canadians a tool to compare financial products, be it auto insurance quotes, mortgage rates or home insurance. Since our inception, we have grown significantly, continually expanding our services and partnerships to better serve the needs of our users.
How We Make Money
LowestRates.ca operates on a commission-based model, earning revenue when users choose to engage with our partners after comparing rates using our tools. This ensures that our recommendations are unbiased and focused solely on finding the best options for our users, solidifying our commitment to transparency and consumer advocacy. Our tools show competitive rates and information, which are available to our customers free of charge. We are compensated by our partners when you connect with them through our site for the products you find online.
Part of the RATESDOTCA Group Ltd. Family
LowestRates.ca is proud to be a part of the RATESDOTCA Group Ltd. family, a leading Canadian comparison platform dedicated to enhancing consumer finance. This affiliation allows us to leverage shared resources and expertise, providing our users with an even broader selection of financial products and services. Being part of this esteemed group strengthens our commitment to delivering exceptional value and support to Canadians, ensuring they have access to the best rates and tools available in the market. Together, we continue to champion transparency and consumer empowerment, helping individuals and families make informed financial choices with confidence.
Our People
Vice President, Strategic Partnerships
Sean Widdess
Sean Widdess is the Vice President of Strategic Partnerships at LowestRates.ca. He's responsible for securing and maintaining partnerships with insurance brokers, direct writers, mortgage brokers, credit card companies, lenders, banks, and other financial brands. Before joining LowestRates.ca, Sean spent 9 years as VP and National Sales Manager at VERICO Financial Group, a leading Canadian national mortgage brokerage. When Sean’s not working, he can be found spending time with his wife and kids at their many sporting events.
Director of Development
Gary Han
Gary is our Director of Development and acts as the bridge between the business team and the development team. He ensures the use of the highest software development standards and processes at LowestRates.ca. He’s also a well-rounded programmer himself. In his downtime, Gary likes to do various activities with his family and friends.
Product Manager
Justin Leung
Justin is Director, Insurance Products at RATESDOTCA and the former Product Manager at LowestRates.ca. He is a graduate of the Richard Ivey School of Business at Western University. Prior to joining either company, Justin interned at an insurance quote comparison website and completed a semester abroad in Belgium. In his free time, Justin keeps up with the Toronto Raptors.
Core Content Manager
Alexandra Bosanac
Alexandra is a content manager in the personal finance space, specializing in auto insurance. Her reporting has appeared in Canadian Business, the Toronto Star, the National Post, and the CBC.
Accounts Payable Specialist & HR Administrator
Miriam Sousa
Miriam is the Accounts Payable Specialist & HR Administrator with an Honours degree from York University.
QA Analyst
Margarita Velcheva
Margarita worked for 10 years as an equity trader on the New York Stock Exchange prior to joining LowestRates.ca as a QA Analyst. She has a Master’s degree in economics, but non the less is very passionate about IT and technology. As a manager and a Chief Finance Officer, Margarita has traveled the world for business and pleasure. She speaks four languages and can play the piano. She has competed as a professional volleyball player. Margarita enjoys watching Nat Geo WILD.
Associate Product Manager
Adnan Choudhry
Adnan is an Associate Product Manager at LowestRates.ca and a graduate of Brock University. He develops technical solutions to business problems and is involved in identifying problems, needs, and opportunities for improvement at all levels of the organization.
Senior Editor
Lisa Coxon
Lisa is a senior editor in the personal finance space. Her work has appeared in Reader’s Digest, Toronto Life, Canadian Living and TVO. As a child, she diligently hoarded the $50 bills that fell out of her Christmas cards. Adult Lisa is working hard to resurrect those stockpiling tendencies.
Marketing Coordinator - B2B
Hannah Schwab
Hannah Schwab is the Marketing Coordinator - B2B for LowestRates.ca. Prior to LowestRates.ca, she attended the University of Vermont where she graduated with a Finance & Marketing degree. In her spare time, you may find Hannah networking, exploring the city, travelling the world, or spending quality time with family and friends. Feel free to reach out to Hannah at [email protected]
Front End Developer
Tuni Mosmann
Tuni is a Front End Developer for LowestRates.ca. Before joining LowestRates she worked as a graphic designer and as a fashion designer. Tuni is really passionate about coding, loves volunteering for organizations that teach code, and enjoys attending tech events. She is a food adventurer, a theatre nerd, a terrible gamer, and proudly geek.
Personal Finance Writer
Zandile Chiwanza
Zandile is a freelance personal finance journalist. She previously worked as a personal finance writer at LowestRates.ca and before that, the content editor for Real Estate Management Industry News. As a self-proclaimed budget warrior, Zandile dedicates most of her time to advocating for financial wellness.