The best GIC rates in Canada for 2025 + MORE Mar 17th

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Retirement taxes explained: Withholding, clawbacks, and other surprises Sep 17th

Many working-age Canadians wonder what the impact of retirement will be on their tax situation. As you save and build wealth, it is important to plan for the eventual tax treatment of your retirement assets and income as you approach that transition.   Taxation in Canada When you are.... More »

S&P 500 and Nasdaq notch records; AMD results spark AI stock rally - Reuters May 6th

S&P 500 and Nasdaq notch records; AMD results spark AI stock rally  ReutersStock market today: Dow jumps 600 points, S&P 500 and Nasdaq hit records as AI trade fuels rally  Yahoo FinanceMarket Outlook: AI optimism pushes S&P 500 to fresh record highs  BNN Bl.... More »

Old-school financial advice that no longer applies Feb 12th

Buying a starter home, living on one income and staying in the same job for 40 years—life was very different for older generations and many young people have realized what worked for their parents doesn’t necessarily work in today’s modern world. As younger Canadians continue to fac.... More »

What to expect from Mark Carney’s fiscal update amid high deficits and rising risks - Toronto Star Apr 26th

What to expect from Mark Carney’s fiscal update amid high deficits and rising risks  Toronto StarCarney faces pressure to show results in spring fiscal update: former PBO  Global NewsLiberals must show results in spring economic update: former PBO  Winnipeg SunCarney .... More »
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Generational shift brings competition to Canada’s banks Dec 21st

Canadians who watched the World Series this year might have caught a second high-stakes clash going on between plays. RBC, the country’s most valuable bank, ran ads that had actor Will Arnett touting trust and real people over fads, while scrappy EQ Bank and crypto giant Coinbase Inc. had spo.... 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 of major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

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Highest GIC rates in Canada

Banks, credit unions, trust companies and discount brokerages all offer GICs. Below, you’ll find the best rates available from a variety of financial institutions, including credit unions and Canada’s Big Six banks. The rates listed are for non-redeemable GICs held in non-registered accounts—the most popular type of GIC in Canada…

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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.

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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 of major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

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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