Foreign-currency GICs might work well for someone who travels frequently ... According to the Consumer Price Index, the current inflation rate in Canada is 2.3%. At a glance: Established in ...

Higher interest rates. Look for a competitive GIC rate, often shown as an annual percentage yield (APY). Minimal requirements. Some GICs require a minimum deposit. Check your bank terms ...

These types of GICs are aimed at people who want access to their funds sooner. Knowing how interest rates work can help maximize the overall performance of your GICs. With fixed-rate GICs ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada ...

For international students aspiring to study in Canada, financial preparedness is a crucial aspect of the study permit application process. One of the best ways to meet the financial proof ...

and interest rates vary with the length of the commitment. They are marketed in Canada in much the same way U.S. banks market certificates of deposit to their customers. In the U.S., GICs are ...

The best GICs in Canada will offer high interest rates and a tolerable term length. With this in mind, Forbes Advisor Canada took a look at the best to help you make the most of your hard-earned ...