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How to go about securing the best return for your investment in Canada.
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How to use this tool: You can simply scan the table below to view GIC interest rates offered by financial institutions across Canada. Click on one of the tabs at the top of the table to focus on your choice of Non-Registered, Registered, TFSA-eligible or U.S.-dollar GICs. Or, follow the prompts in t.... More »

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Compare the best GIC rates in Canada 2023 Jun 3rd

Investing The best GIC rates in Canada for 2023 Find the best GIC rates in Canada. Plus, everything you need to know about how they work. Compare now Tap "Return to top" to come back here. .... More »
Save, invest, prosper with My Own Advisor.
A few years ago, after taking a well-deserved golf vacation in sunny Myrtle Beach, South Carolina with some great friends – I maxed out my Tax Free Savings Account (TFSA) for that calendar year.
I did so because, after talking to my friends on this trip, I told them this was my preference and my big money goal for that year.  They were supportive of that.  They know all about the never-ending TFSA vs. RRSP debate; they are smart money guys.
My position on this subject was rather simple – I prefer to maximize my TFSA before focusing on my RRSP because of the present day and long-term tax (free) benefits of that contribution.
This post will expand on that…
First of all, I want to say I’m a huge believer in savings for long-term investment purposes.  This site is dedicated to that stuff.  In this light I think both accounts work:  TFSAs and RRSPs are excellent vehicles for long-term wealth creation. TFSAs can be self-directed investing accounts don’t you know – they don’t have to be a savings account…

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Why real estate fund Vision Capital, which has a track record for picking takeover candidates, invested in apartment owner Pure Multi-Family REIT

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