savings accounts

  • categories: Deposits

    High-interest savings accounts provide a great vehicle for long and short-term savings, with many of the best high-interest savings accounts in Canada offering interest rates over 2%. This post coveres the best high-interest savings accounts in Canada so read on to learn more about each account’s savings interest rate and various features.

  • August
  • categories: Deposits

    If you own a house or a car, there’s a good chance you also own insurance. Saving and investment accounts issued by banks also come with insurance, except it doesn’t cost you any money. This insurance is known as CDIC coverage. It is issued by a federal Crown corporation called the Canada Deposit Insurance Corporation.

  • July
  • categories: Deposits

    Tax-Free Savings Accounts (TFSAs) are investing tools designed to shelter your savings from taxes. While its name implies that it is a savings account, TFSAs are accounts that keep your investments and the interest that they earn tax-exempt.

  • June
  • January
  • categories: Deposits

    For people who get excited about RRSPs, the new year brings RRSP season. It’s the window between now and the end of February when scrupulous savers can cram extra cash into their retirement accounts and still … Read More

  • December
  • categories: Deposits

    Almost everyone knows they should have an emergency fund in case something unexpected happens. Potential job loss, health problems that keep you from working, and unplanned home or car repairs are just a few of the … Read More

  • November
  • October