Saving Rates in Canada

The two Canadian financial institutions that offer high interest rates on savings are
ING Direct and PC Financial.

The current rate from ING Direct on saving accounts is 3.5% which is not the top rate that can be found.

PC Financial offers one of the highest rates on saving accounts - 4.0 %. However, a minimum $1000 daily balance is required.

Global investing dos and don'ts from a top investment manager

Global investing expert Gavin Graham, chief investment officer of theToronto-based Guardian Group of Funds (GGOF), says Canadians are on theright track in diversifying their investments on an international basisas long as they do it the right way.

One way to cope with the volatility of overseas markets is dollar-cost averaging, he says, "where you buy more when it is cheap and less when it is expensive.

"You shouldn't be frightened off because we've had a sharp sell-off.There have been numerous sharp sell-offs in the past few years but generally they have been pretty good times to buy."

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