The best GIC rates in Canada for 2024 May 27th

How to go about securing the best return for your investment in Canada.
Latest News
 dividend

NATO set to unveil billions in arms deals to prove its firepower to Trump + MORE Jul 7th

ANKARA, Turkey (AP) — NATO on Tuesday will showcase a series of new military projects worth billions of dollars in an attempt to convince U.S. President Donald Trump that the allies are stepping up defense spending and converting investment into….... More »

The best high-interest savings accounts in Canada for 2025 + MORE Aug 5th

Savings comparison tool Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance. Advertisement Why trust us MoneySense is an.... More »

How to use FHSA and RRSP withdrawals for a home down payment in Canada + MORE Feb 11th

Ask MoneySense My partner and I plan to buy a $600,000 home in two to three years with a 20% down payment. Can we each use $40,000 from our FHSAs and $60,000 from our RRSPs through the Home Buyers’ Plan, even though we would only need $120,000 for the down payment? We would use the additional $80,.... More »

Stock futures open little changed as traders await Nvidia earnings: Live updates - CNBC Nov 17th

Stock futures open little changed as traders await Nvidia earnings: Live updates  CNBCNvidia, Walmart, Deere, Target, Snowflake, and More Stocks to Watch This Week  Barron'sNvidia results will rock markets  TheStreetStock rally stumbles with Nvidia earnings on tap: What.... More »

A wish list for Carney’s fall budget + MORE Oct 22nd

Statistics Canada’s midsummer report on Canadians’ disposable income showed an increase across all income quintiles in the first quarter of 2025, by a healthy average of 6% to 7% for the highest earners and 3.2% for the lowest. That was good news; the increases were above the inflation rate of 2.... More »

Investing

The best GIC rates in Canada for 2024
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.

Find the best rate

Tap "Return to top" to come back here.

Why trust us

MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

By Keph Senett and Justin Dallaire on May 27, 2024Estimated reading time: 22 minutes

Currently, Canadians can find many GICs with rates in the 4% to 5% range—that’s good compared to a few years ago, but not quite the 6% you could get last fall…

Continue Reading On moneysense.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!