RBC’s discount broker launches international trading—what to know before you invest + MORE Dec 10th

There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
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 TSX

How to stop procrastinating and cross two major money moves off your list + MORE Feb 11th

Dying intestate is a term that means someone has died without a will. Dying without a will means that the government gets to use provincial laws to decide how to distribute your estate and appoint your executor.—Willful.co, “Dying Without A Will In Canada.” In 2013, my father took his own.... More »

Warren Buffett says U.S. shouldn’t use ‘trade as a weapon’ as Berkshire Hathaway holds meeting - The Globe and Mail May 3rd

Warren Buffett says U.S. shouldn’t use ‘trade as a weapon’ as Berkshire Hathaway holds meeting  The Globe and MailWarren Buffett says ‘trade should not be a weapon’ at annual Berkshire meeting  CNNLive: Berkshire Hathaway Earnings and Annual Meeting  Bloomberg.... More »
 financial consultant

How are bonuses taxed in Canada? Feb 13th

If you’re fortunate enough to get a bonus from your employer this year, or if you’ve recently earned a pay bump, how should you spend it?  Maybe that money is already spoken for. Many Canadians are struggling financially right now, so a bonus or salary increase might simply help cover th.... More »

Federal Government Provides $1 Billion Bridge Funding to Canada Post - VOCM Jan 25th

Federal Government Provides $1 Billion Bridge Funding to Canada Post  VOCMOttawa lending $1B to cash-strapped Canada Post  CBC NewsCanada Post gets $1-billion loan from federal government amid financial struggles  CTV NewsCanada Post gets financial lifeline from Ottawa .... More »
 blue-chip

Best online brokers in Canada for 2025 + MORE May 20th

Not sure if you’re with the right online broker? Or just starting out on your self-directed investing journey and overwhelmed by the noise? We’re here again in 2025 to help you cut through the clutter and find the right platform to buy, sell and hold stocks, exchange-traded funds (ETFs) and othe.... More »
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 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.

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Frequently asked GIC questions

Here you’ll find the answers to common GIC questions, along with information on the best GIC rates available right now. If GICs are new to you, and you want to learn everything there is to know, start by reading our guide below.

Where are GIC rates headed during the end of 2024?
On Sept…

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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.

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

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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…

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RBC Direct Investing recently became the only Canadian bank-owned discount brokerage to allow self-directed investors to buy securities trading internationally on several non-North American stock exchanges. It’s not the only option in Canada for investors, though. Interactive Brokers Canada, for example, provides access to more than 150 global markets.

Regardless, the move by Royal Bank is sure to introduce international stock trading to the mainstream, as other banks will likely follow suit. So, what is RBC Direct Investing’s offering, and what are the considerations for investors?

International trading with RBC Direct Investing

Online investors with RBC Direct Investing can now trade in Hong Kong, London, Paris and Frankfurt. Investors can also trade in Japan, Singapore, Australia and some smaller European markets by phone.

You can also now hold foreign currencies, including the British pound, euro, Swiss franc and Japanese yen, as well as Singapore, Australian, New Zealand and Hong Kong dollars, in non-registered accounts…

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