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Canada’s Best Savings and GIC Rates This Week: November 2025 Snapshot

  Savings Accounts Simplii Financial : Promotional 4.25% for the first 4 months Neo Financial : Tiered rates up to 2.90% if balance exceeds $20,000 KOHO : Earn up to 3.50% plus cashback perks EQ Bank : Offers up to 2.75% with added cashback on purchases Trend: Savings account rates have dipped compared to last year’s highs, but short-term promos still provide attractive yields. Guaranteed Investment Certificates (GICs) Oaken Financial : 3.40% (1-year) and 3.80% (5-year) MCAN Wealth : 3.65% (1-year) and 3.95% (5-year) DUCA Credit Union : Short-term 4.15% (3-month non-redeemable) Achieva Financial : 3.40% (1-year) and 3.70% (5-year) Trend: GIC rates have cooled from 2024 highs, with longer-term options now hovering around 3.70–3.95% . Summary For Canadians looking to maximize returns this week: Savings accounts with promotional offers (like Simplii’s 4.25%) are the most competitive short-term option. GICs remain a safe bet for those seeking guaranteed ...
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Cargo Ship Struck by Missile off Yemen’s Aden Coast

 

On Sunday, the British security firm Ambrey reported that an Antigua and Barbuda-flagged general cargo ship was hit by a missile 83 nautical miles southeast of Yemen’s Aden. The ship caught fire but was eventually contained. No injuries were reported.

The Houthi militia, aligned with Iran and controlling significant parts of Yemen, has been targeting ships off its coast in solidarity with Palestinians fighting Israel in Gaza. These attacks have disrupted maritime trade routes, forcing ships to take longer and costlier journeys around southern Africa.


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