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Tax write-offs that Canadians often get wrong Apr 14th
Renting out your home can bring cash—and complications May 20th
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The best GIC rates in Canada for 2025
– moneysense.ca
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 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…
How can couples avoid capital gains tax on property in Canada?
– moneysense.ca
My husband has a rental property in his name only. It was our primary residence for 9 years but we moved out 10 years ago. How can he transfer it to me after his death so I do not pay capital gain or probate or other taxes for that matter? He does have a will that I will inherit everything he owns. Is this enough?
–Iuliana
Reasons why spouses might not hold a property jointly
Most spouses own real estate jointly. Sometimes, though, a property is held only in one spouse’s name. For example:
One spouse owned a property before the marriage, and the property title is left in their name only.
One spouse owns a business where they face a lot of liability. The property title may be registered in the other spouse’s name for creditor protection purposes.
In a second marriage, a couple might own real estate as tenants in common, so that when they die, their individual shares of the property go to their children from the first marriage.
It is unclear why the rental property is just in your husband’s name, Iuliana…
The best high-interest savings accounts in Canada for 2025
– moneysense.ca
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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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 of major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.
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…
