Stable Savings Rates: A Guide to Canadian Savings Accounts and GICs

Canadian savers see a stable rate environment, with minor shifts in guaranteed investment certificates (GICs). WealthONE leads the one-year term at 3.65%, while Achieva Financial tops the two-year GICs at 3.80%. Equitable Bank leads the three-year GIC category at 3.72%, and the five-year GIC category at 3.86%. On the savings-account side, Bank of Nova Scotia offers the best promotional savings rate at 4.65% for three months. Saven offers the highest non-promotional rate at 2.85%.