Investment
GIC, compound interest, dividends
Canadian Investment Calculators
Investment returns in Canada are taxed differently depending on the type of income. Interest is fully taxable at your marginal rate. Canadian eligible dividends receive a gross-up and tax credit that results in an effective rate roughly 15–25 percentage points lower than interest. Capital gains are only 50% included in income, making them the most tax-efficient form of investment return in a non-registered account.
GIC rates in Canada are currently offering 3.5–4.5% for 1-year terms, with CDIC insuring deposits up to $100,000 per eligible category. For longer-term growth, a diversified portfolio of Canadian and global equities has historically returned 7–10% annually before inflation. Low-cost index ETFs from providers like Vanguard, iShares, and BMO have made diversified investing accessible with fees under 0.25%.
The Rule of 72 provides a quick estimate of doubling time: divide 72 by your annual return. At 7%, your money doubles roughly every 10.3 years. Starting early is by far the most powerful factor — $500/month invested from age 25 to 65 at 7% grows to approximately $1.3 million.
Compound Interest Calculator Canada
See how compound interest grows your investments over time with this Canadian calculator. Enter principal, rate and period to visualize growth.
GIC Calculator Canada
Compare Canadian GIC returns across terms and see your guaranteed earnings at maturity. Enter the amount and rate to plan your safe investments.
Savings Goal Calculator Canada
Figure out how much to save each month to reach your financial goal on time. Set a target amount and deadline to build your Canadian savings plan.
Investment Return Calculator Canada
Calculate the annualized return on your investment portfolio over any time period. Enter start value, end value and dates to measure performance.
Dividend Income Calculator Canada
Calculate annual dividend income from your Canadian stock portfolio. Enter your holdings and dividend yields to project your passive income stream.
Dollar-Cost Averaging Calculator
See how regular investing smooths out market volatility over time. Compare DCA with lump-sum investing using historical Canadian return scenarios.
Net Worth Calculator Canada
Calculate your total net worth by listing all of your assets and liabilities. Track your Canadian financial health over time with a clear snapshot.
Canadian Budget Planner
Plan your monthly budget with the 50/30/20 rule and Canadian cost benchmarks. Track all spending categories to stay on target every single month.
ROI Calculator
Calculate return on investment from any purchase or business decision. Enter cost and gain to see your ROI percentage and net profit instantly.
Emergency Fund Calculator Canada
Calculate how much you need in your emergency fund based on Canadian living costs. Get a target for three to six months of essential expenses.
Frequently Asked Questions
Where should I invest first?
Max your TFSA first if you expect to be in the same or higher tax bracket in retirement. Contribute to your RRSP first if you are in a high tax bracket now and expect to withdraw at a lower rate. After both, consider non-registered accounts prioritizing capital gains and Canadian dividends.
Are GICs a good investment?
GICs are excellent for short-term savings, emergency funds, and the fixed-income portion of your portfolio. They are CDIC-insured (up to $100,000) and guarantee your principal. However, after inflation and tax, real returns are often near zero.