The best GIC rates in Canada for 2024 + MORE Nov 4th

How to go about securing the best return for your investment in Canada.
Latest News

Ovintiv to buy oil-rich assets in Canada's Montney shale for $2.38 billion - Reuters + MORE Nov 14th

Ovintiv to buy oil-rich assets in Canada's Montney shale for $2.38 billion  ReutersOvintiv consolidates holdings with $3.3-billion Montney buy, $2.8-billion Uinta sale  The Globe and MailParamount Resources Ltd. announces $3.325 billion asset sale  BOE ReportOvintiv is .... More »
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What types of tax-free savings accounts (TFSAs) exist? + MORE Nov 29th

A tax-free savings account (TFSA) is a fantastic way to earn money on your savings, without having to pay tax on those earnings. Registered by the federal government, TFSAs are available to Canadians aged 18 and older. Unlike a registered retirement savings plan (RRSP), you cannot deduct contributio.... More »

The best high-interest savings accounts in Canada for 2024 Nov 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. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »

What Canadian finance pros need to know about money and mental health Nov 28th

Talking about money can be loaded with emotions. In fact, 44% of Canadians said money is one of the big topics that they fret over, according to the 2024 Financial Stress Index. Nearly half of those surveyed say they lose sleep over money troubles. Any divorce lawyer will tell you that money issues .... More »
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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BCE paying $5-billion for U.S. internet provider Ziply, pauses dividend hikes to help fix balance sheet  The Globe and MailBCE makes foray into U.S. with US$3.6 billion Ziply deal  BNN BloombergBCE signs deal to buy U.S. company Ziply Fiber for $5 billion  CP24BCE to acquire U.S. internet firm Ziply Fiber for over US$3.5B  CTV NewsCP NewsAlert: BCE signs deal to buy U.S. company Ziply Fiber for $5 billion  CityNews Halifax

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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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