Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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The best GIC rates in Canada for 2024 + MORE Jul 6th
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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The best GIC rates in Canada for 2026 Jul 21st
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Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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The best travel credit cards in Canada for 2024 Jul 12th
Credit Cards
The best travel credit cards in Canada for 2024
From points to perks, a good travel credit card can make your trip more affordable, more comfortable and even more secure.
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The best GIC rates in Canada for 2025 May 17th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Donald Trump Orders Crackdown on Politically-Motivated ‘Debanking’ - WIRED + MORE Aug 8th
Donald Trump Orders Crackdown on Politically-Motivated ‘Debanking’ WIREDTrump Signs Executive Order Clamping Down on ‘Debanking’ The New York TimesGUARANTEEING FAIR BANKING FOR ALL AMERICANS The White House (.gov)Trump targets banks with order barring discrim.... More »
For retirees and near retirees, it can sometimes seem like there’s no such thing as a “safe” investment—especially now. Even bonds and bond funds, typically considered the safest of investment—suffered losses in 2021, as interest rates were poised to rise. Now that central banks have said they will hike rates soon, such losses seem destined to continue in 2022 and beyond. Meanwhile, stocks look determined to retreat from the all-time highs they reached in the year following the short-lived initial COVID bear market.
It’s true short-term bank savings accounts and guaranteed investment certificates (GICs) seem relatively safe from both stock meltdowns and precipitous rises in interest rates, but now there’s the added scourge of rising inflation. Even if you can earn 2% annually on a GIC, if inflation is running at 4%, you’re actually losing 2% a year.
Are ETFs a good investment for an all-weather portfolio?
It’s tempting to throw your hands up and retreat to those much-praised asset allocation exchange traded funds (ETFs)…
