GIC

  • May
  • January
  • categories: Deposits

    Are you new to investing and looking to get a guaranteed return on your money? If that’s the case, you might be interested in GICs—short for guaranteed investment certificates.

  • categories: Deposits

    Canadian interest rates are on the rise, further evidenced by the Bank of Canada’s latest rate announcement that it was hiking its benchmark rate by ¼% to 1.25% last week. And while that comes as bad … Read More

  • December
  • November
  • categories: Deposits

    You might have read a lot of articles about saving for a car that are really judgy. This won’t be one of them.

  • categories: Deposits

    In Canada, one of the safest and most reliable investment options available is the GIC. You might have heard about them through advertising, been offered a GIC from a salesperson at the bank, or read about … Read More

  • October
  • categories: Deposits

    Looking around for better interest rates on fixed-income instruments might seem like trying to discern shades of white paint: Only an expert can spot the difference.

  • categories: Deposits

    Share prices go up and down. Bond prices do the same, but they’re not always as volatile. If you’re not fond of volatility, GICs can be a good alternative.