Andrew Hepburn

If you’re looking at buying a GIC, there are a number of issues you’ll want to think about first: Whether to get a cashable or redeemable GIC, how long a term you’re comfortable with, and of … Read More

GICs come in all shapes and sizes: Long- and short-term, cashable and non-redeemable, and even equity-linked GICs.

In a previous post, we looked at the relationship between the prime rate and savings account interest rates. But what about the linkage between the prime rate and GIC rates?

You can be forgiven if you’re a bit confused by all the different interest rates that get quoted in the news. There are long-term bond rates, short-term bond rates, posted mortgage rates, and savings account rates, … Read More

More competition in any industry tends to help consumers. And in the case of GICs, it may mean slightly higher interest rates in the months ahead.

Canada Savings Bonds (CSBs) have been around since 1946. But they may not be around for much longer.