The Growth Incidence Curve (GIC) captures graphically the annualized growth rate of per capita income for every percentile of the income distribution between two points in time. Over the last decade, ...

What is a short-term GIC? A short-term GIC is a type of GIC that pays a set amount of interest over a period that’s less than a year. Common term lengths for this investment product include 30 ...

Aaron Broverman is the lead editor of Forbes Advisor Canada. He has over a decade of experience writing in the personal finance space for outlets such as Creditcards.com, creditcardGenius.ca ...

GICs appeal to many Canadians because they are guaranteed and considered safe investments. That said, certain types of GICs require you to lock in your funds, making it difficult to access your ...

If you’re seeking a safe and secure investment option, consider a guaranteed investment certificate (GIC). They have become popular amidst ongoing economic uncertainties. Investing in a GIC ...