All Questions
2
questions
2
votes
1
answer
258
views
Should I put a small amount of savings in a high interest savings account?
The highest in Canada that I've found is 2.8% interest, compounded annually where the interest is calculated daily. I have $2000, and the initial amount and the interest earned is guaranteed by a ...
- 133
4
votes
2
answers
657
views
What is covered by CDIC savings deposit insurance?
In the unlikely event that a financial institution fails in Canada, what is covered by the Canadian Deposit Insurance Corporation? What is the limit of coverage?
- 6,230