Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Best credit cards in Canada with free roadside assistance 2023 + MORE Jul 18th
Add “roadside assistance” to the list that includes a plunger, first-aid kit and a screwdriver small enough to fix your sunglasses: “Things you don’t realize you need, until you need them.” But this credit card perk can feel like you won the lottery when you’re stranded on the highway du.... More »
The best GIC rates in Canada for 2025 + MORE Dec 9th
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
What to expect for GICs in 2024 Nov 21st
In late 2020, major banks were offering 5-year guaranteed investment certificates (GICs) with rates of less than 1%. Now, just three years later, bank GIC rates for 5-year terms are over 4%. Some credit unions and trust companies are offering rates over 6% for short-term GICs, though 4- and 5-ye.... More »
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
The best GIC rates in Canada for 2024 Nov 26th
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigat.... More »
Investing in Gold: How to Buy Gold in Canada
– canadianfinanceblog.com
Have you considered buying gold as a hedge against inflation? Do you want to diversify your investment portfolio by adding gold exposure? Whatever your reasons, it’s never been easier for Canadians to buy gold. In this article, I’ll share three ways to invest in gold and let you know if gold is suitable as an investment.
How to Invest in Gold in Canada
There are three primary ways to own gold in Canada: you can buy physical gold, invest in gold stocks, or buy gold ETFs. Let’s take a closer look at how each method works, including the pros and cons:
Buy Physical Gold
The most obvious way to invest in gold might be to purchase the real thing. Many people prefer to own physical gold, also known as gold bullion. Physical gold can take the form of a gold bar or gold coin. In Canada, the easiest way to buy physical gold is through your bank or directly from the Canadian Mint.
Banks have made it easy to buy gold bars. You can buy gold online and deliver it to your nearest bank branch. The gold will usually arrive within a few days, and you can pick it up in person…
How to Invest in Gold in Canada
There are three primary ways to own gold in Canada: you can buy physical gold, invest in gold stocks, or buy gold ETFs. Let’s take a closer look at how each method works, including the pros and cons:
Buy Physical Gold
The most obvious way to invest in gold might be to purchase the real thing. Many people prefer to own physical gold, also known as gold bullion. Physical gold can take the form of a gold bar or gold coin. In Canada, the easiest way to buy physical gold is through your bank or directly from the Canadian Mint.
Banks have made it easy to buy gold bars. You can buy gold online and deliver it to your nearest bank branch. The gold will usually arrive within a few days, and you can pick it up in person…
