Interest rates, saving and long-term money decisions: articles on GICs, TFSAs, mortgages and building wealth in Canada.
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.
Updated: August 18, 2026
The renewal wave peaked in 2025. CMHC expects about a million mortgages to renew in 2026, roughly 13% fewer — yet many households from the 2020–21 low-rate cohort still reset to higher payments.
Updated: August 11, 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