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Interest Rates

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Mortgages

Mortgage renewal calculator

Is your mortgage coming up for renewal soon? Use this tool to figure out if switching lenders could save...

Mortgage renewal calculator
Canadian holding keys to a new home, in hopes that the Bank of Canada rate announcement will have an impact on mortgage rates.

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Making sense of the Bank of Canada interest rate decision on July 24, 2024

Making sense of the Bank of Canada interest rate decision on July 24, 2024

Investing

The best GIC rates in Canada for 2024

Find the best GIC rates in Canada. Plus, everything you need to know about how they work.

The best GIC rates in Canada for 2024
Photo by Justin Tang/The Canadian Press

News

What is the Bank of Canada’s interest rate?

Bank of Canada cuts its key interest rate by quarter percentage point to 4.5%.

What is the Bank of Canada’s interest rate?

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Life Insurance

Using whole life insurance for tax-free income in retirement

Borrowing against a policy’s cash value can provide tax-free income. But there are still costs involved and other factors...

Using whole life insurance for tax-free income in retirement

News

Markets bet on second Bank of Canada interest rate cut

Economists and market analysts expect the central bank to cut its benchmark rate this week following a drop in...

Markets bet on second Bank of Canada interest rate cut

Spend

Canada’s inflation rate—and what it means for your investments

The Consumer Price Index shows inflation ticked back up in May. How should inflation influence your choice of stocks,...

Canada’s inflation rate—and what it means for your investments

News

Canada’s inflation rate falls to 2.7% in June, driving hopes for July rate cut

The inflation reading gives some economists more confidence that the Bank of Canada will cut its benchmark interest rate...

Canada’s inflation rate falls to 2.7% in June, driving hopes for July rate cut

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Banking

Wealthsimple Cash review 2024

Wealthsimple Cash comes with high interest rates and a no foreign transaction fee card. Let’s take a closer look...

Wealthsimple Cash review 2024

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