How to go about securing the best return for your investment in Canada.
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The best high-interest savings accounts in Canada for 2026 + MORE May 11th
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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When a friend or family member asks for money, several thoughts might cross your mind, including whether or not it’s a good idea in the first place. Lending money to close friends or family can be a risky affair. There are chances you may not see that money again, and even worse, it could sour.... More »
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How cash ETFs keep your money working
– moneysense.ca
It’s a dilemma for many investors: you want to have cash set aside to hop on investment opportunities that might arise, but you also don’t want the money sitting in your portfolio not collecting any return. Enter cash exchange-traded funds. Experts say there is increasing demand for cash ETFs among investors old and young as they offer the flexibility of having liquid assets coupled with the benefit of a modest return.
Chris Merrick, founder and owner of Merrick Financial, said there are a few different kinds of cash ETFs, but many work by essentially taking positions in high-interest savings accounts at large banks. Others invest in low-risk debt securities like bonds, known as money market ETFs. He highlighted that cash ETFs provide the ability to preserve capital while offering liquidity, unlike guaranteed investment certificates, which lock in the money for a specified period of time. “The liquidity is good. You get the interest income, which is better than a bank savings account…
