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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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Canada Vows Robust Retaliation Against ‘Unjustified’ U.S. Metal Tariffs

 

Canadian Prime Minister Justin Trudeau has warned that if the United States moves forward with its proposed steel and aluminum tariffs—deemed “entirely unjustified”—Ottawa will respond decisively. Speaking at the sidelines of the Paris Artificial Intelligence summit, Trudeau stressed that Canadians will “stand up strongly and firmly if we need to,” underscoring his government's commitment to defending the long‐standing trade relationship between the two countries. 

Trudeau argued that imposing such tariffs would not only damage Canadian industries but also raise costs for American consumers by disrupting vital supply chains, from automotive manufacturing to energy imports. He emphasized that any tariff imposed by Washington would trigger immediate reciprocal measures from Canada to protect its economic interests and ensure that the free trade agreement remains intact. 

The Prime Minister’s remarks come amid growing concerns that these U.S. trade measures could escalate tensions and lead to a broader economic conflict—one that would hurt businesses and households on both sides of the border. Trudeau’s firm stance signals that Canada is prepared to use all available tools, including retaliatory tariffs and other countermeasures, to safeguard its economy against what he calls an “unacceptable” attack on free trade.

Trudeau’s message is clear: while Canada values its historical partnership with the United States, it will not hesitate to defend its industries and consumers from policies that threaten mutual prosperity.

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