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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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Poilievre Declines Severance After Election Defeat, Signaling Fiscal Responsibility

Conservative Leader Pierre Poilievre has declined the severance package offered to defeated Members of Parliament following his unexpected loss in the Ontario riding of Carleton. Poilievre, who had held the seat for two decades, was defeated by Liberal candidate Bruce Fanjoy in a closely contested race.  

Despite the setback, Poilievre remains committed to his principles of fiscal responsibility, rejecting the severance that MPs typically receive upon losing their seats. His decision aligns with his long-standing stance on government spending and accountability.  

Poilievre’s loss has sparked discussions about his future in the Conservative Party, with some members rallying behind him while others question his leadership moving forward. However, his rejection of severance sends a clear message about his commitment to financial prudence, a key pillar of his political ideology.  

As the political landscape shifts, Poilievre’s next steps will be closely watched, particularly as the Conservative Party navigates its path forward in the wake of the election results.

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