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Interest Rates

News

U.S. Fed Chair: “The time has come” to begin reducing interest rates

Jerome Powell said inflation and employment numbers have paved the way for a change in policy, as analysts predict...

U.S. Fed Chair: “The time has come” to begin reducing interest rates
Canadian woman looking at her credit score after realizing she left her credit card dormant.

Credit Cards

What happens if you don’t use your credit card?

What happens if you don’t use your credit card?
A woman in her late 50s/early 60s smiles, as her husband is behind her about to give her a hug. They're wondering about GICs for his retirement savigs

Ask MoneySense

Is now the time for retirees to sell stocks and buy GICs?

Many people near or in retirement are worried about stock market volatility. Does it ever make sense to put...

Is now the time for retirees to sell stocks and buy GICs?
A young woman in a kitchen smiles at G I C returns on her laptop

Investing

Why GICs are a good addition to an RRSP or a TFSA

If you’re looking for ways to protect or grow your savings, a GIC may be the right solution—especially if...

Why GICs are a good addition to an RRSP or a TFSA

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A young woman smiles as she buys a GIC on her laptop

GICs

How GIC interest rates work

Find out what factors affect GIC rates and how to buy these low-risk investments.

How GIC interest rates work
A young couple studies GIC rates on a laptop

GICs

Are GICs a good investment right now?

GICs can help cushion savings against the impacts of inflation and balance risk in a portfolio. Here’s how GICs...

Are GICs a good investment right now?
Canadian family watching movies at home.

Mortgages

The after-effect of market lows: a drop in fixed mortgage rates

Some investors might look at their portfolios, but Canadians getting a mortgage (or renewing one) should keep an eye...

The after-effect of market lows: a drop in fixed mortgage rates
Specialist James Denaro, right, works at his post on the floor of the New York Stock Exchange, Monday, Aug. 5, 2024. Nearly everything on Wall Street is tumbling as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.

Stocks

Why did the stock markets fall?

Financial markets around the world stabilize after Monday’s fall. Here’s what to know about how we got here.

Why did the stock markets fall?

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Two men push a shopping cart across a parking lot

News

Canada’s economy grew 0.2% in May, stronger than expected

Canada’s gross domestic product (GDP) grew slightly, but likely not enough to deter a rate cut in September, experts...

Canada’s economy grew 0.2% in May, stronger than expected

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