Even as market surges, broker sees GIC demand
ROB CARRICK, The Globe and Mail
Steady interest in guaranteed investment certificates driven by uncertainty on rally’s length, expert says In a normal stock market rally, GIC broker Brandon Brot typically sees a drop-off in client investment flows. Not this time…
How to get better returns without taking too much risk
DAVID ASTON, The Toronto Star
Your fixed income investments create an uncomfortable dilemma for you these days…
Small Canadian banks chase deposits to secure funding for troubled times
NICHOLA SAMINATHER, Reuters
Canada’s small financial institutions are waging a war for deposits, offering customers higher interest rates as they try to shore up funding, despite a drop in official interest rates to a decade-low…
Home Capital’s higher GIC rates will help them win business
BNN Bloomberg