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Where to Find the Best Savings and GIC Rates in Canada This Week

Canadians looking to stretch their savings a little further still have access to competitive high‑interest savings accounts (HISAs) and guaranteed investment certificates (GICs). Digital banks continue to lead the way, offering strong returns without sacrificing security. Here’s a quick snapshot of the top rates available this week. Highest High‑Interest Savings Account Rates Several online‑only institutions are offering some of the most attractive HISA rates right now: Saven Financial – 2.85% Oaken Financial – 2.80% EQ Bank – 2.75% Bridgewater Bank – 2.70% WealthONE Bank – 2.60% These accounts are typically insured either federally or provincially, giving savers both flexibility and peace of mind. Best GIC Rates This Week For those comfortable locking in their money for a set period, GICs continue to provide reliable, guaranteed returns. 1‑Year GIC Leaders Oaken Financial – 3.40% 5‑Year GIC Leaders EQ Bank – 3.85% Longer‑term GICs remain especially appealing for ...
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High Heat Wave Sweeps Ontario: Widespread Warnings Issued by Environment Canada

 

Ontario is sweltering under a prolonged heat wave, with Environment Canada sounding the alarm about dangerously high temperatures. Communities across the province, from southwestern Ontario to the Quebec border, are at risk. Vulnerable individuals, including older adults and young children, face heightened health risks as temperatures soar. In the Greater Toronto Area and Ottawa, humidity could make it feel as hot as 45°C. Even regions further north are bracing for humidex values in the low to mid-40s. This unusual heat event, exacerbated by climate change, underscores the importance of staying hydrated, avoiding strenuous activities during peak heat, and checking on neighbors. Let’s all keep cool and look out for one another during this scorching weather.

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