The best 5-year fixed mortgage rates in Canada + MORE Sep 4th

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Mortgages

The best 5-year variable mortgage rates in Canada
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Bonds vs. GICs: Where should you invest your fixed-income dollars?After a long hiatus, bonds are back in business. Recent drops in interest rates after two years of hikes have provided bond investors with unaccustomed capital gains, all while paying a decent income yield. At the same time, volatility in the stock market is reminding investors of the need for diversification.

Meanwhile, “HISA rates are starting to come down,” says Travis Koivula, an investment advisor with Aviso Wealth in Victoria. (HISA stands for high-interest savings account.) His clients are increasingly asking whether they should shift some of their savings into traditional fixed income.

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Aside from GICs, a safe (and more flexible way) to grow your money is in a savings account…

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