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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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Russia Rejects Trump's Ukraine Peace Proposals

In a significant diplomatic development, Russian Foreign Minister Sergey Lavrov has rejected the peace proposals floated by President-elect Donald Trump's allies to end the ongoing war in Ukraine. Lavrov stated that Moscow has not received any official signals regarding a settlement in Ukraine but expressed dissatisfaction with the unofficial ideas being circulated. 

The proposals reportedly included delaying Ukraine's NATO membership for 20 years and stationing British and European peacekeeping forces in Ukraine. Lavrov emphasized the need for reliable and legally binding agreements that address the root causes of the conflict and prevent future violations. 

Trump, who campaigned on ending the war by the time he takes office, has not officially released any proposals to end the conflict. However, he has claimed that he could end the war within 24 hours of taking office. Despite these claims, Lavrov expressed skepticism about Trump's ability to restore ties between Russia and the U.S., citing the current bipartisan consensus on deterring Russia.

The rejection of these proposals marks a setback for Trump's hopes to freeze the conflict and highlights the complexities of achieving a lasting peace in the region.



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