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5 days ago · We shop the top banks and lenders to bring you the best guaranteed investment certificate (GIC) rates and terms in Canada from short-term GICs, to RRSPs and TFSA GICs.
- As the name indicates, what people love about GICs is that the principal is guaranteed to be returned to you, which means you’ll never lose your in...
- The best gic rate in Canada is currently with Oaken Financial for 1 or 2 year terms at 6%.
- Fixed rate GICs, the most well-known GIC product, promise a defined amount of interest payable at specified periods during the term proving to be v...
- As with all investments, your decisions need to be geared toward your goals. If you need access to your money soon, choose a short-term GIC or a hi...
- Competition between banks for the best GIC interest rate is extremely high right now. GICs with a 1-year term are paying as much as 5.60% and 5.65%...
- With the upward movement in the Bank of Canada’s overnight target rate in 2023, GIC rates in Canada have seen an increase. In 2022 the best 5-year...
- Provincial insurance is quite similar to the federal insurance provided through the CDIC. The differences between the two are quite small, ranging...
- GICs are a great savings vehicle if you are looking to invest your money at no risk. However, depending on your risk profile and whether you would...
13 hours ago · Latest Nanos seat projections for the Toronto area are on the left, while results from the 2021 election for the same seats are shown on the right (Nanos Research)
2 days ago · This type of account is referred to as a high-interest savings account (HISA). We break down what you should know about HISAs and give you our picks for the most competitive interest rates in...
4 days ago · Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.
5 days ago · At a Glance. 2024 Projected Real GDP (% Change) : 1.2. 2024 Projected Consumer Prices (% Change): 2.6. Country Population: 40.866 million. Date of Membership: December 27, 1945. Article IV/Country Report: July 27, 2023. Special Drawing Rights (SDR): 17732.6 million. Quota (SDR): 11023.9 million.