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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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Israel’s Military Announces Tactical Pause to Facilitate Aid Delivery in Southern Gaza

 

In a significant move, Israel’s military declared a “tactical pause” in its offensive operations along a 12-kilometer route in the southern Gaza Strip. The purpose of this pause is to allow for the delivery of increased quantities of humanitarian aid to desperate Palestinians who have been enduring a severe crisis due to the ongoing war. The announcement came after discussions with the United Nations and international aid agencies.

Key Points:

  • The pause begins at 8 a.m. (0500 GMT) and lasts until 7 p.m. (1600 GMT), continuing until further notice.
  • It specifically applies to the Rafah area, allowing aid trucks to reach the Israel-controlled Kerem Shalom crossing, a crucial entry point for aid.
  • The bottleneck at Kerem Shalom resulted from Israeli ground troops moving into Rafah earlier this year.
  • While this pause falls short of a complete cease-fire, it aims to address the overwhelming needs of Palestinians in the region.
  • The international community, including Israel’s top ally, the United States, has been advocating for more substantial measures to alleviate the crisis.
  • The hope is that smoother operations at checkpoints and regular fuel entry will follow this initial step.

As Muslims begin marking the major Eid Al-Adha holiday, this humanitarian effort seeks to provide much-needed relief to those affected by the conflict. While challenges remain, the pause represents a crucial step toward easing the crisis in Gaza.


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