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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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Ursula von der Leyen Secures Second Term as European Commission President

 

In a decisive vote, Ursula von der Leyen has been re-elected for a second five-year term as President of the European Commission. The European Parliament’s decision ensures continuity in leadership for the European Union’s executive branch during a period marked by significant challenges and transformations.

Von der Leyen, who hails from the centre-right European People’s Party, secured 401 votes in a secret ballot, surpassing the required 361 votes. Her re-election was supported by the three main pro-EU groups: the European People’s Party, the Socialists, and the liberals of Renew Europe.

In her acceptance speech, von der Leyen emphasized her commitment to addressing the pressing issues facing the EU, including the ongoing war in Ukraine, climate change, and migration. She pledged to strengthen the EU’s economy, enhance its police and border agencies, and pursue policies that balance environmental sustainability with the needs of farmers.

Von der Leyen’s leadership has been pivotal in navigating the EU through crises and her re-election is seen as a vote of confidence in her ability to continue steering the bloc towards stability and progress.


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