ROGERS SELLS MONEYSENSE SITE
has been sold by Rogers Communications Inc. to Ratehub Inc., for an undisclosed amount. Ratehub is a Toronto-based company that owns an online comparison site for financial products. Its ratehub.ca gets most of its revenue from commissions paid by firms after readers click to learn more about a product. MoneySense was once a print magazine with an online presence. Since 2016 it has continued as a digital publication with about 700,000 unique visitors a month. Ratehub and MoneySense have previously collaborated to present a credit card comparison tool for Canadians. “We see this acquisition as a way to extend our partnership even further and bring Canadians more comparison tools in areas such as mortgages, investing and savings vehicles, and insurance products,” said James Laird, co-founder of Ratehub Inc.