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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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Fundraising Halt: Biden's July Donations Take a Dive

 

In a surprising turn of events, President Joe Biden's fundraising efforts have hit a significant roadblock. Several key fundraisers for Biden's reelection campaign have been put on hold as July donations have seen a sharp decline. 

This sudden drop in financial support has raised concerns among Democratic sources involved in the events. The Biden Victory Fund has also issued a memo instructing a pause in donor calls, signaling a potential shift in campaign strategy. 

Despite these challenges, House Democrats have managed to secure a substantial fundraising haul, indicating a complex financial landscape for the party. The Biden campaign's difficulties come at a critical juncture, with the reelection team bracing for a seismic fundraising hit following a recent debate that has taken a toll on operations. 

The situation has led to a growing apprehension within the party, with some advisers and operatives expressing fears that Biden's fundraising is 'cratering' amid a slowdown in both large and small donor contributions. As the campaign navigates this financial turbulence, the implications for Biden's reelection prospects remain uncertain.

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