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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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Amazon's Union Efforts in Quebec Meet Resistance

 


In a surprising turn of events, Amazon has announced the closure of all seven of its warehouses in Quebec, resulting in nearly 2,000 job losses. This decision comes just months after workers at a warehouse in Laval successfully unionized, marking the first unionized Amazon workforce in Canada. Despite Amazon's insistence that the closures are unrelated to the unionization efforts, many are skeptical, viewing this move as a direct attempt to quash the union push.

The closures have sparked outrage among workers and union leaders, who argue that Amazon is trying to send a message to other employees considering unionization. Quebec's Labour Minister has vowed to ensure that Amazon respects all labour laws, while federal officials are calling for a review of Ottawa's business relationship with the company.

As the debate continues, the future of unionization efforts at Amazon remains uncertain. What is clear, however, is that the fight for workers' rights in Quebec is far from over.



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