This week’s highest savings account and guaranteed investment certificate rates

Canadian savers are seeing a broadly stable rate environment heading into late March, with only minor adjustments to some guaranteed investment certificate (GIC) products. The limited changes imply little immediate catalyst to reallocate cash or alter retail fixed-income positioning, signalling low near-term impact on deposit flows and bank liquidity.

Analysis

Canadian savers are seeing a broadly stable rate environment heading into late March, with only minor adjustments to some guaranteed investment certificate (GIC) products. The limited changes imply little immediate catalyst to reallocate cash or alter retail fixed-income positioning, signalling low near-term impact on deposit flows and bank liquidity.