I recently had two reasons to look up the going rates on GICs and savings accounts. I thought I’d share what I found with you today and raise the question: Is it worth it to put cash into a 5-year GIC when some savings accounts are paying almost as muchContinue Reading

Can banking get any more complicated? Hey man, you have no clue.  But in fact, clients can make banking and the loan industry complicated: At first, somebody wants to buy a house but doesn’t have any cash available for a down payment. So, banks create mutual funds to help himContinue Reading