Two of Canada’s banks have slashed their savings account rates in response to the Bank of Canada’s recent rate cut – despite minimal Prime movement so far. Here’s what you need to know.
GICs are among the most stable (and in this interest environment, lucrative), investing vehicles on the market. Here’s why investors should include them in their portfolios, despite the currently well performing stock market.
GICs are a great, straightforward investment option – but with the threat of inflation, and today’s interest rates so low, are they a worthy option? Read on to learn more about your GIC laddering options, and make the most of your money.