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Top Savings and GIC Rates in Canada This Week

                                                                             Canadians looking to maximize their returns on safe investments have strong options this week, with both high-interest savings accounts (HISAs) and guaranteed investment certificates (GICs) offering competitive rates. High-Interest Savings Accounts KOHO Earn Interest Account continues to lead with an impressive 3.5% interest rate , offering unlimited transactions and cashback perks. Other online banks and credit unions are hovering around 3.0%–3.25% , making HISAs a flexible choice for those who want liquidity while still earning meaningful returns. Guaranteed Investment Certificates (GICs) For short-term savers, MCAN Wealth is offering 3.65% on a 1-year GIC , one of the hig...
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Israel Insists on Right to Act Against Hezbollah in Any Deal to End Fighting

Amid ongoing conflict, Israel's Defense Minister has firmly stated that the country insists on retaining the right to act militarily against Hezbollah in any agreement to end the fighting in Lebanon. This stance is likely to be contested by Lebanon, potentially complicating peace efforts.

The conflict, which erupted into full-scale war in September 2023, has resulted in significant casualties and displacement on both sides. Lebanese officials have called for a return to United Nations Security Council Resolution 1701, which ended the 2006 war between the sides and called for Hezbollah militants and Israeli forces to withdraw from a buffer zone in southern Lebanon.

U.S. envoy Amos Hochstein, who has been working to broker a ceasefire, held a second round of talks with Lebanon's parliament speaker, Nabih Berri, an ally of Hezbollah. Hochstein mentioned that the talks had made "additional progress," and he plans to visit Israel to try to bring the conflict to a close.

The situation remains tense, with both sides showing little inclination to compromise, and the international community closely watching the developments.

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