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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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Diplomacy or Defiance? Bob Rae’s Fox News Tariff Critique Sparks Conservative Outrage

 


In a recent Fox News interview, Canada's Ambassador to the United Nations, Bob Rae, delivered a sharp critique of President Donald Trump’s use of tariffs. Rae argued that leveraging tariffs as a political tool is not only irresponsible but could also destabilize international trade relationships. His comments, which have been labeled “outrageous” by U.S. conservatives, have ignited a fierce debate over the appropriate role of tariffs in economic policy.

Rae’s criticism centered on the notion that tariffs should not be employed as a bargaining chip in political maneuvering. Instead, he emphasized that economic measures must focus on long-term stability and fairness in global trade, rather than serving short-term political interests. This stance has struck a nerve among conservative commentators in the United States, who view his remarks as undermining the legitimacy of current trade policies and bolstering critics of President Trump’s approach.

The fallout from the interview reflects deep partisan divisions regarding trade policy. While Rae’s supporters applaud his call for a more principled and strategic approach to tariffs, detractors argue that his criticism could weaken the U.S. negotiating position on the global stage. As debates over economic strategy continue to simmer, this controversy underscores the challenges inherent in balancing political objectives with sound economic policy.


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