GICs are eligible for Canada Deposit Insurance Corporation (CDIC) coverage, if purchased at a CDIC member institution. This means your principal is safe even if the financial institution fails.

Yes, by the Canada Deposit Insurance Corporation. Alternatively, you could consider some of the top rated GICs from leading digital banks. Many of these online-only banks offer competitive rates ...

Eligible deposits are held at Canadian Western Bank and protected by the Canada Deposit Insurance Corporation (CDIC; see details below). There isn’t a monthly fee. However, if you’re a ...

In addition, GIC deposits with TD Bank are covered up to $100,000, thanks to Canadian Deposit Insurance Corporation (CDIC ... interest rates on the risee in Canada as of late, TD GIC rates ...

Here are the tips experts gave on how to prepare for a recession. Layoffs often occur during recessions. So, it's best to be ...

Considering its financial position and the interest of the country’s banking system as a whole, the Deposit Insurance and Credit Guarantee Corporation (DICGC) may raise the insurance limit from ...

Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, ...

A joint venture that includes Blackstone Inc. is seeking to sell roughly $395 million of commercial property loans in the New ...

Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, and CD accounts to help you maximize your earnings.

Learn all about various types of certificates of deposit, how they work and how they potentially fit into your savings and investment planning. Browse Investopedia’s expert-written library to ...

Desjardins raised its price target on Power Corp. of Canada (POW.TO) to $53 from $49. Analyst Dou Power Corporation of Canada (TSX: POW) ("Power Corporation" or the "Corporation") announced today ...

according to the Canadian Broadcasting Corporation. Liberal Party of Canada leadership candidate Mark Carney addresses supporters in Calgary, Alberta, Tuesday, Mar. 4, 2025. Jeff Mcintosh/AP MORE ...