The best GIC rates in Canada for 2026 + MORE Apr 21st

Through the partnership launched this week, Wealthsimple customers who have its app on their phone can click stock tags on X and be taken to a page that shows the share’s performance. It also has a button that leads to the fintech’s platform, where they can trade shares. Experts say the arrangement is likely to expose Wealthsimple, a Toronto-based financial services company increasingly squaring off against larger traditional banks, to an even bigger audience but may also lure customers into making riskier trades hyped by influencers or other social media users.

“It’s a marketing tool, it’s a way to attract revenue and it is a way to reach out to the population of X users, who especially given the recent political shifts, are very much into trading and DIY investing,”  said Marius Zoican, the Canada Research Chair in Financial Technology and associate professor at the University of Calgary…

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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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…

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…