You’ll receive a guaranteed rate of interest when the GIC matures—no need to worry about market volatility. GICs are eligible for Canada Deposit Insurance Corporation (CDIC) coverage ...

Our opinions are our own. The prime rate is a base rate set by financial institutions in Canada to determine the variable interest rates they can charge on lending products, such as mortgages and ...

President Trump unveiled sweeping tariffs that included actions on dozens of countries at very high levels.

Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance. MoneySense is an ...

“Businesses and consumers are naturally hesitant in the face of heightened political uncertainty.” Last month, when the Bank of Canada cut its interest rate to 2.75 per cent, it posted findings from ...

As the BoC’s interest ... rate mortgages and other loans. November 25, 2024: Then President-elect Donald Trump announced his intention to impose a 25% tariff on products entering the U.S. from ...

As of Mar. 13, 2025, Canada’s prime rate is 4.95%. The prime interest rate in Canada is calculated as a mode average of the Six Big banks’ official prime rates and normally rises or falls ...

(Sean Kilpatrick/The Canadian Press) The Bank of Canada's top decision makers signalled they likely would have hit pause on the interest rate easing cycle earlier this month if not for the ...

Interest rates in Canada could rise and stay higher ... s broad-based 25 per cent tariffs on steel and aluminum imports, which include Canada. Here’s a look at what the OECD had to say about Canada.

OTTAWA (Reuters) - Canada's Gross Domestic Product grew by 0.4% on a monthly basis in January as economic activity continued the momentum of the last few of months, data showed on Friday.