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Smart Canadian savers spot high yielding GICs and T-bills
The piece urges savers to beat inflation by using one year GICs offering up to 10 percent and five year notes at 10.75 percent, then highlights Treasury bills as a safe, flexible alternative with 90 day maturities at about 10 percent. It notes timing, liquidity, and broker sources for T-bills and mentions Prudential Bache’s 10 percent 90 day bill with a $5,000 minimum. The article promises continuation on page 6.
MENTIONED IN THIS ARTICLE
Bank of Canada
Treasury
T-D Bank
Green Line
Canada Trust
Prudential Bache