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The best GIC rates in Canada for 2024
– moneysense.ca
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 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.
Frequently asked GIC questions
Here you’ll find the answers to common GIC questions, along with information on the best GIC rates available right now. If GICs are new to you, and you want to learn everything there is to know, start by reading our guide below.
Which bank has the highest rate for a GIC?
Small financial institutions, such as credit unions, typically offer more competitive GIC rates than the large banks…
“Imagine if we had enough money to cover our rent”: Gold medallist Greg Stewart on the financial realities of pro para sport
– moneysense.ca
When you think of professional athletes, your mind might jump to headlines of multi-million-dollar contracts and endorsement deals. However, for every financially well-off mega-star there are many more athletes on the international stage who are chronically underfunded and just scraping by. For disabled athletes, this is the norm rather than an aberration.
Carding money, delivered through the Athlete Assistance Program, is some of the only consistent funding Canadian elite para-athletes receive. In 2024, it provides $1,765 per month as a living and training allowance to athletes at the international competition level. And although Olympians earn $20,000 for a gold medal, $15,000 for a silver medal and $10,000 for a bronze medal through funding from the Canadian Olympic Committee, Canadian Paralympians have never before been paid for reaching the podium.
The money landscape is starting to change for athletes, however. Starting with Paris 2024, Canadian Paralympic medallists will receive the same amount of money as their Olympic counterparts…
MoneySense reader survey: Help us get to know you
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