Skip to main content

Featured

Canada’s Best Savings and GIC Rates This Week: November 2025 Snapshot

  Savings Accounts Simplii Financial : Promotional 4.25% for the first 4 months Neo Financial : Tiered rates up to 2.90% if balance exceeds $20,000 KOHO : Earn up to 3.50% plus cashback perks EQ Bank : Offers up to 2.75% with added cashback on purchases Trend: Savings account rates have dipped compared to last year’s highs, but short-term promos still provide attractive yields. Guaranteed Investment Certificates (GICs) Oaken Financial : 3.40% (1-year) and 3.80% (5-year) MCAN Wealth : 3.65% (1-year) and 3.95% (5-year) DUCA Credit Union : Short-term 4.15% (3-month non-redeemable) Achieva Financial : 3.40% (1-year) and 3.70% (5-year) Trend: GIC rates have cooled from 2024 highs, with longer-term options now hovering around 3.70–3.95% . Summary For Canadians looking to maximize returns this week: Savings accounts with promotional offers (like Simplii’s 4.25%) are the most competitive short-term option. GICs remain a safe bet for those seeking guaranteed ...
Post a Comment
Read more

article

Labels

Carney’s Bold New Projects Signal Ambition Amid Challenges

                                            Prime Minister Mark Carney

Mark Carney, the former Bank of England governor and current UN Special Envoy on Climate Action and Finance, has unveiled a slate of ambitious new projects aimed at reshaping global finance and sustainability. These initiatives range from accelerating green investment frameworks to strengthening international cooperation on climate risk disclosure.

While the vision is bold, the road ahead is far from easy. Carney’s projects demand coordination across governments, financial institutions, and private investors—each with competing priorities. The challenge lies not only in mobilizing trillions of dollars for climate solutions but also in ensuring accountability and transparency in how those funds are deployed.

Supporters argue that Carney’s leadership could be pivotal in bridging the gap between financial markets and climate action, while critics warn that the scale of transformation required may test even his seasoned expertise. Regardless, these projects mark a decisive step toward aligning global finance with the urgent realities of climate change.


Labels:

Comments

Post a Comment