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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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Tragedy Sparks Reform: B.C. Premier Eby Announces Mental Health Act Overhaul

In the wake of the devastating Lapu-Lapu Day festival attack in Vancouver, which claimed 11 lives and left many injured, Premier David Eby has pledged to review and reform British Columbia's Mental Health Act. The suspect, who was under mental health care supervision, has raised concerns about the adequacy of current legislation in preventing such tragedies.

Eby emphasized the need for a comprehensive review to address gaps in the system and ensure public safety. Health Minister Josie Osborne will lead the initiative, supported by experts in psychiatry and concurrent disorders. While the timeline for the review remains unclear, the urgency of the matter has been underscored by calls for action from community leaders and officials.

This tragic incident has ignited a broader conversation about mental health care and public safety in the province, with many advocating for reforms that balance individual rights with community protection. The review aims to provide solutions that prevent future incidents while supporting those in need of mental health care.

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