The best high-interest savings accounts in Canada for 2024 + MORE Dec 23rd

All about Canadian investments. Learn the ins and outs and get the latest news.
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Cryptocurrency exchange Cryptomus fined record $177M by Fintrac + MORE Oct 23rd

A cryptocurrency exchange has been fined almost $177 million—the largest-ever penalty by Canada’s financial intelligence agency—for infractions including failing to flag more than 1,000 transactions with suspected links to criminal activity. The Fin­an­cial Trans­ac­tions and Reports Ana­.... More »

How to stay invested in U.S. stocks without the tech overweight + MORE Feb 19th

Big Tech CEOs, like Jeff Bezos, Elon Musk, Mark Zuckerberg and Sundar Pichai were front and centre at Donald Trump’s inauguration—a sign of their growing influence in the years to come. Today, their dominance is just as evident in the stock market, particularly for investors who own U.S. equitie.... More »

Questrade trading fees: Good news for Canadian investors Feb 12th

With a TV ad aired during the 2025 Super Bowl on February 9, digital brokerage Questrade has announced it will offer commission-free stock and exchange-traded fund (ETF) trades henceforward. That brings to three the number of 0% commission investment brokers available to Canadians, along with Wealth.... More »
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Tech and mining companies top this year’s TSX Venture 50 list + MORE Feb 20th

Technology and mining companies topped this year’s TSX Venture 50 list amid the ongoing push for a piece of the energy transition, the latest edition of the ranking shows.  “The broader diversity of the venture market continues,” said Tim Babcock, president of the TSX Venture Exchange, in .... More »
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How to stay the course with your retirement plan during market volatility + MORE Apr 8th

Three days of wild market volatility sparked by U.S. tariffs is enough to cause any investor stress, but for those in retirement, the plunge can be extra difficult.  Markets have taken a nosedive after U.S. President Donald Trump’s announcement of sweeping global tariffs last Wednesday (April .... 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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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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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…

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