Best GIC rates Canada

There are definitely reasons to buy GICs: they provide security of capital and also generate some income. With interest rates reaching as high as 8% in the past two years, GIC returns right now are exceptional compared to the previous average of approximately 2% prior to the pandemic. Let's look at the history of GICs.

Table of Contents What is EQ Bank? EQ Bank Review EQ Bank Features Who Owns EQ Bank? Is EQ Bank safe? Should I Use EQ Bank? How to Sign Up for an EQ Bank Account Chances … Read More

When you’re earning interest on your investments, you’re going to have to pay tax on the income if they’re sitting in a non-registered account. But if they’re held in a registered account—such as an RRSP—you can … Read More

We know – it’s not even mid-September and the stores are full of Halloween decorations and costumes. It seems a bit premature to be thinking about everything pumpkin spice, so why even bother thinking about Christmas? … Read More

When it comes to buying investment products, such as GICs, it’s easy to simply treat the buying process like a regular shopping trip. You may want to walk into a local branch of your bank, see … Read More

In recent months, things have been going well for the Canadian economy. The dollar is up, stock markets are performing well, and the unemployment rate is at its lowest point in 40 years. As a result, … Read More