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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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Administrative Error Leads to Controversial Deportation

The Trump administration recently admitted to an "administrative error" that resulted in the deportation of Kilmar Abrego Garcia, a Maryland resident, to El Salvador. Despite a 2019 court ruling granting him protection from deportation due to credible fears of persecution, Abrego Garcia was mistakenly sent to a Salvadoran mega-prison on March 15, 2025. 

Abrego Garcia, who has lived in the U.S. since he was 16, fled gang violence in El Salvador. He resides with his U.S. citizen wife and their child. The deportation occurred under the Alien Enemies Act, a rarely invoked 18th-century law, as part of a broader immigration crackdown. The administration has stated that it cannot facilitate his return, citing jurisdictional limitations.

The case has sparked legal and political debates, with critics highlighting the potential dangers Abrego Garcia faces in El Salvador and questioning the administration's adherence to legal protections. His attorneys continue to advocate for his safe return to the United States. 


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