The best high-interest savings accounts in Canada for 2024 + MORE Sep 9th

How to go about securing the best return for your investment in Canada.
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Does buying GICs still make sense after the recent rate cuts? + MORE Oct 2nd

The Bank of Canada (BoC) recently lowered its policy interest rate by another 25 basis points, from 4.50% to 4.25%. It was the central bank’s third consecutive cut, and economists widely expect more cuts before the end of the year. What does it mean for Canadians as borrowers and savers when in.... More »

House rich, cash poor: When a reverse mortgage might make sense Jul 15th

Reverse mortgages were at one time considered the Wild West of financial products, associated with aggressive and even predatory sales tactics targeting seniors in the United States. Fairly or not, that reputation has instilled some wariness in Canada, where regulations have long been more stringen.... More »

Iran conflict latest: IEA warns of "very severe" oil crisis sparked by war - Investing.com + MORE Mar 23rd

Iran conflict latest: IEA warns of "very severe" oil crisis sparked by war  Investing.comMore than 40 Middle East energy assets ‘severely damaged,’ IEA chief says  CNBCIran war energy crisis equal to 70s twin oil shocks and Ukraine invasion fallout, says IEA chief | First Thi.... More »
 canadian savings bond

Stock market news for investors: Rogers hopes sports deals will boost share price, National Bank buys PGM Global Holdings Apr 24th

Here’s a round-up of news for Canadian investors this week. Rogers National Bank of Canada Featured RRSP Accounts featured EQ Bank Build your retirement savings with 2.00% interes.... More »
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What is Sun Life’s new decumulation product? + MORE Oct 30th

Late in September, Sun Life joined a small group of Canadian financial firms offering would-be retirees a decumulation product designed to help pensioners make the often-tricky transition from saving and accumulating wealth to drawing it down. It’s called MyRetirementIncome. In doing so, it joi.... More »
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 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.

Where are GIC rates headed during the end of 2024?
On Sept. 3, 2024, the Bank of Canada lowered its benchmark interest rate from 4…

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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.

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.

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