RE:Everyone heading to 5% Gic'syup, even my cash trading account paying 3.25% to sit things out.
BC CU paying this 'preferred customer' 4.75% on basic High Interest savings account (HISA) after some squeeking of the wheel, no lock-in (not publicised).
Like others have posted 5%+ is a given on longer terms but I prefer to keep capital at the ready to jump on opportunities. Tangerine Bank has time limited specials they roll out selectively that can turn out well if you don't mind shuffling money here and there ... latest is 4.75% monthly compounding HISA, no lock in (not publicised).
Caveat: CDIC is only 100K - many credit unions are "unlimited insurance" backed by their respective insurance corp.
Even traders are being quite stock selective in this market and I for one, am only buying decent pullbacks which makes it easier to swing buy and wait things out and take the better tax treatment divvy.
Good luck!
https://www.highinterestsavings.ca/gic-rates/