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Tag: best GIC rates

Making sense of the Bank of Canada interest rate decision on March 6, 2024 – MoneySense

Making sense of the Bank of Canada interest rate decision on March 6, 2024 – MoneySense

March 7, 2024March 9, 2024 · Finance

As a result of the latest rate hold, the prime rate in Canada will remain at 7.2%. This might not seem like big news, but this is what…

Read more Making sense of the Bank of Canada interest rate decision on March 6, 2024 – MoneySense
Are GICs worth it for Canadian retirees? – MoneySense

Are GICs worth it for Canadian retirees? – MoneySense

January 24, 2024January 25, 2024 · Finance

In other words, during the near-zero interest rates that prevailed until recently, investors wanting real inflation-adjusted returns had almost no choice but to embrace stocks. (Read more about TINA…

Read more Are GICs worth it for Canadian retirees? – MoneySense
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