CDIC insurance

Emergency Fund 101: How Much Should You Save?

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If the last few years taught me anything, it’s this: life is volatile and cash is confidence. An emergency fund keeps surprises—job changes, medical bills, car repairs—from turning into high-interest debt. Here’s the simplest way to size yours and where to keep it in Canada. The Quick Answer Essential expenses = your baseline to stay … Read more

GIC vs HISA: Which Is the Better Saving Option(2025)?

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If you’re building an emergency fund, saving for a near-term goal, or parking cash while you wait to invest, you’ve probably narrowed it down to a GIC (Guaranteed Investment Certificate) or a HISA (High-Interest Savings Account). Both are low-risk and typically CDIC-eligible up to $100,000 per depositor, per category, per member (note: provincial credit unions … Read more