Nvidia forecast shatters estimates as AI boom stays strong – BNN Bloomberg + MORE May 22nd

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The after-effect of market lows: a drop in fixed mortgage rates Aug 7th

When markets drop like they did on Monday, you may not immediately think of the impact on mortgage rates. We’ve been relying on the Bank of Canada to nudge rates lower, namely for variable mortgages. But fixed mortgages got a news headline-worthy update today, thanks to bonds, which are reacting t.... More »
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Your home sold—now what? + MORE Nov 12th

If you’ve sold your home or are planning to soon, you may have a large amount of cash that needs a temporary parking spot while you prepare for your next move. A regular savings account pays very little interest—so unless you need the money right away, it makes sense to seek higher returns. S.... More »
 financial

OAS payment dates in 2025, and more to know about Old Age Security + MORE Jan 6th

If you’re approaching or planning for retirement, you may have questions about Old Age Security (OAS) benefits, like: Do I need to apply for OAS? How much will I receive in OAS? When do OAS payments go out? We cover these questions and more below. But first, here’s a quick overview of how OAS wo.... More »
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Moving money from RRSPs, RRIFs and TFSAs in retirement Jan 13th

Ask MoneySense My husband and I are retired with $200,000 in our TFSAs, $230,000 in our RRSPs and RRIFs, and we have an emergency fund. Our household income is $85,000 a year. My husband may need nursing home care at some point, so I have been moving assets from the RRSPs to our TFSAs for flexibi.... More »

Tesla Q2 Delivery Expectations Coming Down. The Key Number Might Be Energy Storage. - Investor's Business Daily Jul 1st

Tesla Q2 Delivery Expectations Coming Down. The Key Number Might Be Energy Storage.  Investor's Business DailyTesla is running out of excuses for its prolonged sales slump  Yahoo FinanceAnalyst puts Tesla stock on key ideas list as Q2 deliveries loom  TheStreetTesla add.... More »

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The best GIC rates in Canada for 2024
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.

Find the best rate

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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 from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

By Keph Senett and Justin Dallaire on May 22, 2024Estimated reading time: 22 minutes

Currently, Canadians can find many GICs with rates in the 4% to 5% range—that’s good compared to a few years ago, but not quite the 6% you could get last fall…

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Nvidia forecast shatters estimates as AI boom stays strong  BNN BloombergNvidia stock pops 4% after earnings beat forecasts, announcing stock split and dividend hike  Yahoo Canada FinanceNVIDIA Announces Financial Results for First Quarter Fiscal 2025  NVIDIA BlogDow Jones Futures: Nvidia Earnings Boom, CEO Jensen Huang Hails ‘Next Industrial Revolution’  Investor’s Business DailyNvidia Gives Strong Forecast, Reflecting Sustained AI Momentum  Bloomberg

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