This means Canadians hoping for an interest rate cut may be left waiting a little bit longer if the Bank of Canada determines there's no hurry given the growth in those latest economic numbers.

The rule of thumb is that 70% of whatever you made (and lived on) while working should be sufficient. Others scoff, vowing ...

GIC and CLV Group have agreed to the take-private acquisition of InterRent Real Estate Investment Trust, a Canadian real estate investment trust. The total equity value of the deal is about C$2 ...

Darren Garbutt, a 57-year-old retired former postal worker, claimed in his May 14 notice of civil claim filed in BC Supreme ...

Canada's annual inflation rate fell to 1.7% in April due to a drop in energy prices, but analysts said a rise in closely ...

This could mean a work leave, juggling expenses and more ... volatile markets well or not): GICs are considered a low-risk investment. GIC rates are dependent on the Bank of Canada’s key interest rate ...

Bank of Canada officials considered cutting interest rates by 25 basis points in April, but some feared it would fuel inflation amid U.S. President Donald Trump’s “erratic” tariffs ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost ... given the way early redemption rates work). For cashable and non-refundable GICs, you usually have the option ...

Cashable and redeemable GICs let you access your principal before the term ends without penalty. But that flexibility comes with lower interest rates than those offered by other GIC options.

What’s the best 5-year GIC rate in Canada? GIC interest rates vary depending on the type and the financial institution providing them, so you’ll have to compare the best GIC rates to find the ...

Since the Bank of Canada rate announcement on Wednesday ... Bond yields didn’t rise enough to sustain hopes of an immediate wave of GIC rate increases. But they create room for better GIC ...

Higher rates on money market funds and fixed-income options like GICs have driven billions in that direction since the Bank of Canada’s rate began its post-pandemic climb. (Photo Illustration by ...