Best GIC rates

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.

Let’s face it: GICs aren’t exactly the most exciting investment option out there. You’ll get all the money you invested back, plus a little interest. While that may sound like a knock against GICs, it’s not, … Read More

Table of Contents The best GIC rates in Canada What is a GIC? How do GICs work? How to choose the right GIC Different types of GICs How to purchase GICs How to build a GIC … Read More

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

The old “GICs vs. Robo-Advisors” discussion seems as far fetched as comparing apples with oranges. However, both investing methods share more similarities than most investors might believe.

Building a GIC Ladder is a great way to diversify your GIC investments.