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Looking for a stable investment in uncertain times? Forbes Advisor found the best GICs you can get right now in Canada.
These are the best TD GIC rates in Canada: U.S. Dollar GIC (Long-Term and Simple Interest) Non-Cashable (1-year) — 4.05% TD U ...
In late 2023, GIC rates briefly soared as high as 6%. Since then, GIC rates have come down due to rate cuts by the Bank of Canada and a decline in yields on Canadian government bonds. That being ...
GIC rates offered on non-cashable certificates are higher than those on ones that provide more flexibility. In late 2023, investors were briefly able to get GICs with rates of 6%.