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The best GIC rates in Canada for 2026 Jun 2nd
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.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Why tax season is turning into a debt trap for Canadians (and how to avoid it) Apr 2nd
If you typically carry a credit card balance, you’re in good company. The recent Study of the Canadian Consumer (Winter 2026) by Vividata shows that more than 1 in 3 Canadians (36%) usually have a credit card balance from month to month. What’s striking, however, is the study’s finding that 49.... More »
Scientists discover new dinosaur from Argentina with crocodile bone in its mouth - Tribune India + MORE Sep 24th
Scientists discover new dinosaur from Argentina with crocodile bone in its mouth Tribune IndiaNew megaraptor discovered—with its final meal still in its mouth National GeographicLatest Cretaceous megaraptorid theropod dinosaur sheds light on megaraptoran evolution and palaeob.... More »
Budget to include millions to help foreign-trained workers get credentials recognized - Toronto Star + MORE Oct 27th
Budget to include millions to help foreign-trained workers get credentials recognized Toronto StarNew personal support worker tax credit coming in Budget 2025, minister says Global NewsBudget to include millions for job retraining, foreign credential recognition Yaho.... More »
The best GIC rates in Canada for 2026 Mar 2nd
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 m.... More »
Loans for Canadians with bad credit: How to improve your score
– moneysense.ca
If you’ve ever looked at your credit card statement and thought, “How am I ever going to pay this off?” you’re not alone. Many Canadians are dealing with high-interest debt and, on top of that, worrying about how to boost their credit score. It can feel especially tough if your credit isn’t great right now.
The reality is that more and more Canadians are falling behind on credit payments. Thanks to the spike in inflation that occurred after the pandemic lockdowns were lifted, the cost of living across the country has ballooned. And credit card interest rates? They’re sitting at around 20% or more, which means even a small balance can turn into a monster rather quickly. In a recent Ratehub.ca survey, 50% of respondents said they had taken out a loan (student, auto or personal), and 41% carried debt over $1,000. (Ratehub.ca and MoneySense.ca are both owned by Ratehub Inc.)
Even if you keep up with your minimum monthly payments, credit card interest charges will eat into your progress; it’s like financial quicksand…
