GIC

I am most interested in GIC because I think it safe. GIC's interest is high than saving account. From my opinion, I have not too much energy and skills to control the stock , commodities and Mutual Fund. If I buy some of them, I will watch them everyday, happy with the raising and worry about them down. So lot of my brain cells will be killed. It's terrible.
Maybe, I put some money to RRSP when I get height income. RRSP can help me reduce the income before tax, and I can get more money when I retired. For now, I am poor, no too much money in RRSP. So RRSP is for future.
I think a lot of Chinese people choose to sent money to bank. This is our first choice because our parent told us that is safe and simple. This is culture maybe follow us to whole life and transfer to our children.

Mortgages

I searched mortgages in pcfinancial.ca.

Fixed rate mortgages:

2 year 4.89
3 year 4.70
4 year 4.34
5 year* 4.44
10 year* 6.45

*Now, rate reductions available on 5, 7 & 10-year fixed rate mortgages depending on the size of your mortgage5.


Variable rate mortgages:

5 years 3.80

Canada, a developing country

Today's Canada has a lot of problem to be solved, like jobs, the economy, the health system, and high taxes. How to give Canadians a good answer is important, especially for us, new comers. So I think it is better to do our own work, and not put so much attention on others. Because Canada is a developing country, we need to use all of our energy to make this country better than before. we can't focus on other projects, like being involved in Afghanistan, and being a police man to the world. We can't do that because we are the developing country, and we don't have enough power. For the future, I think the Canadians government's tasks are developing the industry, creating enough opportunities jobs, decreasing taxes for people whose salaries are average, and improving the health system so that patients can get processed on time. A lot of things need to be done, don't waste money on partisan fighting or others, and we need a good future.

A people on the way

Today's Canada have a lot of question to be solved, like job, economy, health system, high tax. How to give the Canadians a good answer is important, especially for us, newcomer. So do our self work, don't put so much attention on others. Because Canada is a people on the way.
For future, Canada government's tasks are developing the industry, making enough opportunity for job, decreasing tax for people that their salaries are on average, improving health system that patient can get good process on time. A lot thing need to do, don't waste money on party fight or others, we need a good future.