Not sure how to make a retirement plan? Read on…
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The process of unlocking a LIRA account in Canada Feb 1st
Thank you for “How to get money out of locked-in retirement accounts”.
I have a federally regulated LIRA. I’m 55. I’m looking to unlock 50% of the balance. I came across your article while seeking some LIRA/LIF/RRSP information.
I’m getting conflicting information regarding t.... More »
Is AI the ultimate retirement hack? Jun 13th
There’s an interesting new book just published called I Am Not a Robot: My Year Using AI to Do (Almost) Everything. The author is Joanna Stern, who was a personal technology columnist for the Wall Street Journal for 12 years. As the subtitle of her book reveals, she spent a year using ar.... More »
Posthaste: Retirement out of reach for almost 40% of working Canadians over 50 - Financial Post Feb 1st
Posthaste: Retirement out of reach for almost 40% of working Canadians over 50 Financial PostPosthaste: Only about a third of Canadians over 50 say they can afford to retire Yahoo Canada FinanceRetirement ‘becoming unaffordable’ for many Canadians. What can they do? &n.... More »
How to deal with your finances when the economy is stressing you out + MORE Mar 7th
Who would have thought that just a few month ago, all we had to “worry” about was the ongoing pandemic, high interest and inflation rates, and high grocery and housing costs. We’re three months into 2025 and so far we’ve had tariffs on Canadian goods threatened in February, then actual tarif.... More »
Corporate investments for retirees + MORE Feb 15th
I’m not using my Canadian corporate company anymore. I’m 67, delaying CPP and OAS. I have $210K in my company that I need to take out. What is the best way to do this with minimal tax?
My accountant is working with me but really doesn’t think it’s the best strategy. He has a three-y.... More »
Jeremy says his main goal is to save for retirement, but after looking at condos online, he’s trying to decide if that will be a worthy investment.Compare the Best GIC Rates in Canada
– moneysense.ca
How to use this tool: You can simply scan the table below to view GIC interest rates offered by financial institutions across Canada. Click on one of the tabs at the top of the table to focus on your choice of Non-Registered, Registered, TFSA-eligible or U.S.-dollar GICs.Or, follow the prompts in the six fields at the top of the finder tool to input the amount you wish to invest in a GIC and your preferred investment term, along with other details, and the calculator will automatically display what your total return would be from each of the financial institutions listed. This allows you to compare the options side-by-side and decide which is the best for your money.
Whether you’re looking for a short-term cashable GICs, or want a longer-term investment like an RRSP GIC, this tool will help you find the best GIC rate for your financial needs.
Need more information? Scroll down to read information from our MoneySense editorial team on the types of GICs available; what terms you can choose from and why you might choose a shorter or longer term; how GIC deposits are insured; and four editors’ picks for the best GIC rates in Canada…
