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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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Expanding Horizons: Canadian Businesses Look to Europe for Growth

In response to shifting global trade dynamics, Canadian companies are increasingly turning their attention to Europe for exports and expansion. With the Comprehensive Economic and Trade Agreement (CETA) facilitating smoother trade between Canada and the European Union, businesses see Europe as a promising market for growth.  

Rising competition and economic changes in North America have prompted firms to diversify their reach. Many Canadian industries, including technology, agriculture, and manufacturing, are finding new opportunities in European markets, taking advantage of reduced tariffs and streamlined regulatory processes.  

The move aligns with Canada's broader economic strategy to strengthen global trade partnerships beyond traditional markets. As demand for Canadian goods and services grows in Europe, businesses are optimistic about forging long-term connections and tapping into new consumer bases.  



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