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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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Gaza Militants Fire Rockets Into Israel Amid Escalating Conflict

In a tense escalation of the ongoing conflict, Gaza militants from the Palestinian Islamic Jihad group launched a barrage of rockets into Israel on Monday. This move came as Israeli tanks continued their advance deeper into Gaza, intensifying the fighting in the region.

The armed wing of Islamic Jihad, an Iranian-backed ally of Hamas, stated that the rocket attacks were in response to “the crimes of the Zionist enemy against our Palestinian people.” Fortunately, the volley of approximately 20 rockets caused no casualties, according to the Israeli military.

Despite Israel’s offensive aimed at neutralizing threats, militants in some parts of Gaza persistently target Israeli forces in areas previously vacated by the army. On Monday, Israeli tanks extended their incursions into the Shejaia suburb in eastern Gaza City for a fifth consecutive day. Additionally, tanks advanced further in western and central Rafah, near the border with Egypt.

As the conflict continues, casualties mount, and the heavily built-up coastal enclave lies in ruins, the situation remains highly volatile. Israel has signaled that its operation in Rafah, meant to suppress Hamas, will soon conclude. After this intense phase of the war, Israeli forces plan to focus on smaller-scale operations to prevent Hamas from reassembling.

The conflict began when Hamas-led fighters infiltrated southern Israel in October, resulting in significant loss of life and hostages taken back into Gaza. Israel’s counteroffensive has been devastating, with both combatants and civilians affected. The situation remains precarious, and international attention remains fixed on the region as tensions persist.


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