Here's something post that Growth , Nancy and just about any Canadian should care about: a quick look at the current status of interest rates paid for small cash investments. Let's see how three banks measure up on 1 year GICs, as of right now: TD Canada Trust: 2.05% or 3% (poorly defined money market version) ING Direct: 3.75% HSBC: 2.30% I didn't do an exhaustive search because there are charts available at baystreet.ca and redflagdeals.com , among, no doubt, a few other places too that do the job for you. I figure banks must have decided that people are so sufficiently lazy that they'll take whatever product they're offering instead of moving their cash over to another bank. Only that can explain the over roughly 2% difference between the lower TD rate and the over 4% rates on redflag . What I like about redflag's site is that you can sort by any column, making it easy to identify who gives the best 1-year or 5-year rate. I had trouble confirming the 4.4% rate...
One of the new things about tracking blogs through Google Reader is that you notice when people have made a posting that they subsequently delete. For example, there are two entries on Greg Mankiw's blog. And they have both since been deleted. The first link is to an article entitled "Mission Accomplished." The second link is to an article entitled "Making Milton Proud." Google Reader preserved not only the headlines, but the content of those articles too. First article: Mission Accomplished from Greg Mankiw's Blog by Greg Mankiw A reader emails me: After nearly two years as your reader, you've pretty much singlehandedly made me a fiscal libertarian out of a former democratic socialist. Second article: Making Milton Proud from Greg Mankiw's Blog by Greg Mankiw From an email this morning: After nearly two years as your reader, you've pretty much singlehandedly made me a fiscal libertarian out of a former democratic socialist. Wow, I did not just see...