The best GIC rates in Canada for 2025 + MORE Sep 2nd

Residents were shocked to discover the crater, and the stuck truck, Tuesday morning. The truck had been removed by 3 p.m.

As a Certified Financial Planner (CFP), a common question I hear from Canadians is how to better understand their debt. Questions like: How did I get here? What is the best approach to paying my debt off?

Many Canadians have debt of different amounts and for many different reasons. Common types of debts can include car loans, credit card debt, lines of credit and personal loans, and mortgages. 

Canadian consumer debt reached $2.54 trillion in the third quarter (Q3) of 2024, according to credit bureau Equifax Canada. That’s a 4% increase from the same period last year, with non-mortgage debt up 3.8% from Q3 2023. The average consumer debt is $21,810, up $796 from the year before. Overall credit card debt continued to rise in 2024 (up 9.4% over 2023), partly due to population growth and partly because Canadians are carrying a higher average balance. 

The reality is that a lot of Canadians are struggling financially. A recent survey by insolvency trustee Harris & Partners shows that 57% of those who responded said their income is not enough to cover basics like rent, food, and utilities…

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 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…

Air Canada has a new systemwide flight bonus offer that coincides with their latest global seat sale. The offer provides up to 6,000 bonus Aeroplan points on new bookings made between September 1 and 8.     The up to 6,000 bonus Aeroplan points offer: Earn up to 6,000 bonus Aeroplan points when flying an […]
The post Earn up to 6,000 bonus Aeroplan points on Air Canada flights Worldwide appeared first on Rewards Canada.

Opt in for your monthly bonus offers from AIR MILES, Consumers vs. Loyalty Programs – Taking the battle to the courts and Alaska Airlines Atmos Rewards losing award flight options on Singapore and LATAM Airlines. Check out today’s points & miles updates here:
The post RWRDS Daily Update September 2: Opt in for your monthly bonus offers from AIR MILES & Consumers vs. Loyalty Programs – Taking the battle to the courts appeared first on Rewards Canada.