RBC’s discount broker launches international trading—what to know before you invest + MORE Dec 10th

There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
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 money market

Is VGRO a good investment? What else should I buy? Jun 10th

The Vanguard Growth ETF Portfolio (VGRO) has been a staple of many do-it-yourself investor portfolios since its launch in January 2018—becoming, along with its siblings VBAL and VCNS, the first asset-allocation exchange-traded funds (ETFs) in Canada. For a 0.24% management expense ratio (MER), .... More »

Bank of Montreal beats estimates with higher quarterly profit, boosts dividend - The Globe and Mail May 28th

Bank of Montreal beats estimates with higher quarterly profit, boosts dividend  The Globe and MailView Full Coverage on Google News.... More »
 IPO

Joe Canavan on what it takes to build lasting wealth + MORE May 7th

Joe Canavan is a Canadian venture capitalist and Principal of Canavan Capital, recently named Angel of the Year by the National Angel Capital Organization. He was an early backer in companies like Wealthsimple, KOHO, and Borrowell, and scaled Fidelity Investment Canada’s assets from $60 million to.... More »

US stocks and dollar slide after Trump attacks Fed chair Powell - BBC + MORE Apr 22nd

US stocks and dollar slide after Trump attacks Fed chair Powell  BBCUS dollar hits three-year low after Trump intensifies attack on Fed chair Powell – business live  The GuardianStock markets tumble as investors pull back from American assets  CBCTrump warns U.S. econ.... More »
 financial

Stock market news for Canadian investors: Loblaw, Walmart and more Feb 21st

Companies that reported earnings this week Gildan Loblaw Walmart Gildan Activewear reports $132.3M Q4 profit, raises dividend 10% Source: Google Gildan (TSE: GIL) (All figures in U.S. dollars.) Q4 profit: $132.3 million or 86 cents per diluted share, down from $153.3 mill.... 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.

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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…

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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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Best high-interest savings account rates in Canada

Generally, savings accounts offer very low interest rates. So, if you want to earn on your deposits (rather than simply using your account as a temporary “holding tank” or directing to longer-term saving and investing vehicles), a savings account with a high interest rate is a no-brainer…

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RBC Direct Investing recently became the only Canadian bank-owned discount brokerage to allow self-directed investors to buy securities trading internationally on several non-North American stock exchanges. It’s not the only option in Canada for investors, though. Interactive Brokers Canada, for example, provides access to more than 150 global markets.

Regardless, the move by Royal Bank is sure to introduce international stock trading to the mainstream, as other banks will likely follow suit. So, what is RBC Direct Investing’s offering, and what are the considerations for investors?

International trading with RBC Direct Investing

Online investors with RBC Direct Investing can now trade in Hong Kong, London, Paris and Frankfurt. Investors can also trade in Japan, Singapore, Australia and some smaller European markets by phone.

You can also now hold foreign currencies, including the British pound, euro, Swiss franc and Japanese yen, as well as Singapore, Australian, New Zealand and Hong Kong dollars, in non-registered accounts…

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