A typical posted 1-year GIC rate at Canada’s major banks is currently 2.70%. But tax treatment, TFSA room, account conditions and inflation can change what that number actually means.
For the sixth decision in a row, the policy rate stayed at 2.25%. Here is what a paused rate means for GICs, savings accounts, variable mortgages and lines of credit.
Updated: August 14, 2026
The largest cohort of renewals in Canadian history is landing this year. Many households locked in near 2% in 2020–21 and are renewing near 4–5%. What that means and what to check.
Updated: August 11, 2026
Forecasters see growth around 1–1.5% this year as trade uncertainty lingers. A plain-language look at GDP, jobs and what the numbers mean for households.
Updated: August 7, 2026
Higher-for-longer rates have made GICs attractive again, yet low-cost ETFs remain popular for the long run. A look at the trade-off between safety, access and growth.
Updated: August 4, 2026
Repair costs, vehicle theft and inflation are pushing premiums higher, with wide gaps between provinces. What drivers should check before renewing a policy.
Updated: July 30, 2026
Food prices are forecast to rise 4–6% this year, adding close to $1,000 to a family of four’s grocery bill. A look at the drivers and where shoppers can still save.
Updated: July 24, 2026