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Rate Watch: Best GIC, Savings and Mortgage Rates in Canada (Nov 13, 2026)

  Rate Watch | Canadian Money Brief Best GIC, Savings and Mortgage Rates in Canada Today Friday, November 13, 2026 • Bank of Canada rate 2.50% • Prime 4.70% The Bank of Canada raised its policy rate to 2.50% on October 28. Savers saw very little of it: GIC rates barely moved, and big-bank savings accounts still pay next to nothing. Borrowers saw more of it: the lowest 5-year fixed mortgage rate crept up from 4.34% to 4.44% after bond yields jumped. Here is where the best rates sit today. 4.05% Best 1-yr GIC WealthONE 4.55% Best 5-yr GIC WealthONE 2.85% Top HISA (no promo) WealthONE / Saven 4.44% Lowest 5-yr fixed insured mortgage 3.60%+ Lowest 5-yr variable insured mortgage Best GIC Rates Term Best rate Provider Runner-up 1 year 4.05% WealthONE Bank of Canada Achieva Financial 3.95% 2 years 4.30% WealthONE Bank of Canada Achieva Financial 4.10% 3 years 4.40% WealthONE Bank of Canada MCAN, Oaken, Saven 4.30% 5 years 4.55% WealthONE Bank of Canada Oaken Financial 4.50% Big banks, 1 y...
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Canada Temporarily Reduces Embassy Staff in Haiti Amid Security Concerns

 

In response to the escalating security situation in Haiti, Canada has made the decision to temporarily reduce the number of Canadian embassy staff in Port-au-Prince. The move comes as gang violence continues to plague the capital city.

Key Points:

  1. Volatility and Safety Concerns:

    • The volatility of the security situation in Haiti has prompted Global Affairs Canada to take action.
    • The lack of reliable supplies and the need to maintain an effective presence in a challenging environment have led to this staffing adjustment.

  2. Essential Personnel Only:

    • Canada will maintain a skeleton crew of essential personnel at its embassy in Haiti.
    • These relocated staff members will continue to fulfill their duties from a third country, primarily the Dominican Republic.

  3. U.S. Parallel Move:

    • The U.S. also recently reduced its diplomatic presence in Haiti due to heightened gang violence.
    • U.S. Marines escorted a portion of their diplomatic corps out of the country, while some remained to provide additional protection.

  4. Challenges for Evacuation:

    • Approximately 3,000 Canadian citizens are currently in Haiti, mainly in and around Port-au-Prince.
    • Evacuating them poses challenges due to the closure of the main airport, which has been targeted by gangs.

  5. Support and Caution:

    • Despite the staffing reduction, Canada’s embassy will continue to support Canadians in Haiti.
    • The public is advised to shelter in place and respect the curfew.

Canada remains committed to assisting its citizens and maintaining diplomatic engagement, even in the face of security risks.



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