Compare the Best GIC Rates in Canada 2020 + MORE May 29th

How to go about securing the best return for your investment in Canada.
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TFSA confusion: The myths that just won’t die Jun 25th

After 15 years of conversations with blog readers and financial planning clients, I’m still amazed at how often the same myths about tax-free savings accounts (TFSAs) pop up.  I’ve had clients ask if a dividend paid inside their TFSA counts as a contribution. Others think they lose contribut.... More »
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Innovative Devices are Transforming a Regular Day’s Work in the Financial Services Industry Dec 23rd

When COVID-19 hit, the pace of digital adoption within the financial services industry was accelerated practically overnight. Employees needed a way to stay connected and productive away from the office and turned to the latest digital tools and technologies to make this a reality. Now, there’s no.... More »

Air Canada earnings: Airline posts 'grim' results but 'very encouraged' by government talks over aid - Yahoo Canada Finance Feb 12th

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Let's all chill for a moment about Microsoft buying Activision Blizzard - MobileSyrup Jan 22nd

Let's all chill for a moment about Microsoft buying Activision Blizzard  MobileSyrupRep. Marjorie Taylor Greene sold up to $15,000 worth of Activision Blizzard stock on the day Microsoft announced plans to buy the video game company  YahooMicrosoft’s $68-billion bid to become t.... More »
Compare the Best GIC Rates in Canada 2020How 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 the six fields at the top of the finder tool to input the amount you wish to invest in a GIC and your preferred investment term, along with other details, and the calculator will automatically display what your total return would be from each of the financial institutions listed. This allows you to compare the options side-by-side and decide which is the best for your money.

Ratehub.ca’s best GIC Rates in Canada
These are current rates offered by Ratehub partners. You can find information about additional product options below.

The best GIC rates in Canada 2020
Rates current as of May 20, 2020
Have you ever felt like your money could be working harder for you—if only you weren’t afraid of the risk? To boost your return while still keeping your principal safe, you might want to consider a guaranteed investment certificate or GIC…

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About five years ago, Angelo Dodaro and his marketing agency partner were sitting in a bar, meeting with a potential events client. They were pitching their video and photography services when the client mentioned, almost in passing, “Okay, but we also need someone to manage our Facebook ads.”
Dodaro didn’t waste any time. Given a few months to come back with a formal proposal, he dove head-first into online learning, to get up to speed on social media marketing. 
The investment of time and money paid off: the client later said it was the best proposal for a Facebook marketing campaign they’d ever seen. Not bad for someone whose formal education was in audio engineering. 
Even if you haven’t studied formally in years, the value of doing so today has never been greater. According to Statistics Canada, more than a million people across the country lost their jobs in March 2020 alone—double what some economists had predicted. Even for those lucky enough to keep their jobs, the nature of their roles, their future career paths and what they need to stay marketable may have changed suddenly…

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Has there ever been a time when you and your roommates struggled to carry grocery bags home from the store on public transit? Did you ever impulsively feel like going back to your hometown to see your family and friends, but had difficulties finding a convenient ride? Was there a part-time job that you wanted to work but couldn’t manage due to the distance and time constraints without a personal vehicle?
For many students, the thought of owning a car can be extremely desirable because of the convenience and freedom it can grant you—but what if you knew how much the car would cost you each year?
As a student who has owned a sturdy 2003 Honda Accord for the last three years, I’ve learned how important it is to have a good understanding of the costs associated with car ownership, and how to weigh the pros and cons to decide if it’s a worthwhile investment or not.
How expensive can car ownership be?
According to Statistics Canada, the second largest expense for the average Canadian household is transportation…

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