SPSanika Purohit

1. Article · Sep 9, 2026 · Sanika Purohit

   GIC rates climb across all terms while savings rates sit still (opens the original)

   Excerpt · English

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   The Bank of Canada held its policy rate at 2.25 per cent last week for a seventh time, citing energy prices and new tariffs as inflation risks. Longer bond yields climbed anyway. The five-year Government of Canada benchmark yield hit 3.44 per cent on Sept. 8, up from 3.33 per cent at the end of August. Deposit rates have followed, with the largest increases at the long end. WealthOne’s five-year GIC pays the highest rate on the table outside short-term promotions, at 4.30 per cent, 20 basis poin

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2. Article · Jul 8, 2026 · Sanika Purohit

   Savings account rates rise as GIC returns hold steady (opens the original)

   Excerpt · Neutral tone · English

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   Most weeks, the story for savers is the GIC table. Not this week. Every top GIC rate is exactly where it was two weeks ago, but the interesting moves are happening in regular savings accounts. WealthOne Bank and Manulife Bank now share the top standard high interest savings rate at 3.00 per cent, nudging aside Saven Financial, which had held the lead at 2.85 per cent for several months. WealthOne’s RRSP High Interest Savings Account pays 3.00 per cent on any balance with no minimum. Its Non-Regi

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