Corrections Policy
Canadian Money Guide is committed to accuracy. Personal finance information changes — rates shift, policies update, and sometimes we make mistakes. This page explains how we handle corrections and tracks every substantive change we make.
Our Commitment
We verify every rate, fee, and policy claim against primary sources before publication. When an error is identified — whether by our research team or by a reader — we correct it within 48 hours and log it here.
Every correction logged below was verified by G.D. Sterling, the site's editor and lead researcher, before being published. Each entry lists the verified-by reviewer for accountability.
How to Report an Error
If you spot something wrong, out-of-date, or unclear:
- Email: [email protected]
- Contact form: /about/contact/
Please include the page URL and what needs fixing. We review every report.
How We Update Rates
Rates on the site are manually verified by our research team on a recurring cycle, not scraped automatically. Most rate-sensitive pages are checked at minimum every 30 days, or immediately following a Bank of Canada rate announcement. Each verification includes pulling the rate from the provider's own published rate page, cross-checking against a second independent source where available (such as highinterestsavings.ca for HISAs), and updating the page if the rate has changed. When a verification confirms the rate is unchanged, no entry is added to this log — only changes that affected what a reader saw are recorded.
Correction Log
All substantive corrections are logged below with the date, page, a brief description of the change, and the reviewer who verified the correction. Priority levels indicate the urgency: P0 is a wrong rate, fee, or tax threshold that could affect a financial decision; P1 is an outdated policy reference or factual error in methodology; P2 is a typographical or formatting issue.
2026
| Date | Page | Correction | Verified by |
| October 19, 2026 | Canadian Savings Rate Survey — Q3 2026 | Six stale rates corrected within the Oct 2, 2026 snapshot article (was internally inconsistent — body contradicted the Oct 12 corrections log): (1) EQ Bank Personal Account base/bonus split 1.00%+1.75% → 1.50%+1.25% (the Oct 2 restructure that the Oct 12 patch applied everywhere except here). (2) Saven Financial 2.95% → 2.85% in the rank table and 12-month trajectory (the rate corrected Oct 7 was applied everywhere except this article). (3) Tangerine standard 0.70% → 0.30% in the rank table (the rate corrected Oct 14 was applied everywhere except this article). (4) "What's striking" #1 widened gap text updated to 255 bp from 225 bp. (5) GIC ladder examples updated from "~3.85% / ~4.05%" to "~3.70% (EQ Bank) / ~4.15% (EQ Bank)". (6) Top HISA standard 2.95% → 2.85% in two further callouts. Snapshot article date stays Oct 2, 2026 — the body now reflects what was live on that verification date. P0. | G.D. Sterling (editor) |
| October 12, 2026 | Best HISA Canada, Best GIC Rates, Best Joint Bank Accounts, Best Newcomer Bank Accounts, Emergency Fund Canada, Online Banks vs Big Banks, Homepage ticker + hero | (1) EQ Bank Personal Account rate structure change effective October 2, 2026: base rate up from 1.00% to 1.50%, bonus interest down from 1.75% to 1.25% — headline 2.75% unchanged. Updated 6 articles plus 3 homepage locations (ticker ×2 + hero card). (2) Best 1-year GIC updated 3.40% → 3.70% (EQ Bank; effective Oct 2, 2026). (3) Best 5-year GIC 4.00% → 4.30% (EQ Bank; effective Oct 2, 2026; homepage ticker updated). (4) Best HISA page Simplii standard tier 0.30% on first $50K, 0.50% on $50K–$100K, 0.60% on $100K–$500K, 0.70% on $500K–$1M, 1.00% on $1M+ (was 0.50% blanket). (5) Best GIC article Oaken 1-yr 4.40% → 3.50%, 2-yr 4.25% → 3.85%, 3-yr 4.00% → 3.90%, 5-yr 3.90% → 4.10% (verified oaken.com/gic-rates, effective July 28, 2026); Tangerine GIC rates marked ~ (JS-rendered, could not extract); Motive Financial removed (now redirects to National Bank). (6) Saven HISA stale reference in emergency-fund-canada.md corrected 2.95% → 2.85% (the rate corrected Oct 7 was applied everywhere except this article). (7) Best HISA article Tangerine/Simplii promos annotated with "expires in 18 days" and "expires in 19 days" warnings to give readers a heads-up before the 0.70%/0.30% standard rates kick in. BoC policy rate 2.25% held; next decision October 28, 2026. P0. | G.D. Sterling (editor) |
| October 6, 2026 | Capital gains inclusion rate (article removed) | We removed the standalone capital-gains article because it was based on a rule change (the proposed 66.7% inclusion rate) that was proposed in the 2024 federal budget, deferred in January 2025, and then formally cancelled by Prime Minister Carney on March 21, 2025. Because the rule was never enacted, the 50% inclusion rate has applied throughout. The article can be re-added later, written around the actual 50% rate and the cancellation timeline. P0. | G.D. Sterling (editor) |
| October 8, 2026 | Best Joint Bank Accounts, TFSA for Newcomers, Retirement Income Planning, Retirement hub | Fixed 4 broken internal cross-reference links. Two unique wrong slugs: /banking/newcomer-banking-canada/ → /banking/best-newcomer-bank-accounts-canada/ and /investing/rrsp-deep-dive-canada/ → /investing/rrsp-deep-dive/. Pages were live but clicks to the newcomer banking article and the RRSP Deep Dive produced 404s. P2 (navigation, not financial claim). | G.D. Sterling (editor) |
| October 5, 2026 | Affiliate Disclosure | Rewrote the "How We Make Money" and "Why This Model?" sections to mention Google AdSense alongside affiliate commissions as the site's two revenue streams. Earlier copy implied AdSense was not used. P0. | G.D. Sterling (editor) |
| October 5, 2026 | Best HISA Canada | PC Money Account rate corrected from 3.10% back to 2.20% after live re-verification on pcfinancial.ca. P0. | G.D. Sterling (editor) |
| October 5, 2026 | Multiple pages | BoC rate date and "next decision" text updated to reflect that the BoC has held the policy rate at 2.25% since the October 29, 2025 cut, with the next decision on October 28, 2026. P0 (rate-trajectory claim was a year out of date). | G.D. Sterling (editor) |
| September 28, 2026 | Homepage hero rates-card | Date stamp updated from "Q2 2026 / Jul 2026" to "Q3 2026 / Sep 2026". P2. | G.D. Sterling (editor) |
| September 21, 2026 | Best Chequing Accounts, Online Banks vs Big Banks | Tangerine standard savings rate corrected from 0.30% to 0.70% (the current rate, effective February 23, 2026). P0. | G.D. Sterling (editor) |
| September 21, 2026 | Best HISA Canada, How Much Cash | Simplii Financial promotional rate corrected from ~5.00% to 4.60% (verified live at simplii.com, valid Aug 1 – Oct 31, 2026, eligible deposits up to $200K). P0. | G.D. Sterling (editor) |
| September 14, 2026 | Best GIC Rates Canada | Refreshed the title and last-updated date to September 2026. Body rates and footnotes were unchanged. P2. | G.D. Sterling (editor) |
| September 9, 2026 | Best HISA, Online Banks, Best Newcomer Banks | Added a forward-looking note for Neo Financial's October 1, 2026 restructuring: savings rates now tie to paid memberships (Essentials 2.00%, Start 2.25%, Build 2.50%, Grow 2.75%) instead of balance tiers. P0 (preventive disclosure). | G.D. Sterling (editor) |
| September 7, 2026 | Best GIC Rates Canada | EQ Bank GIC 2-year corrected from 3.55% to 3.65%, 3-year from 3.65% to 3.80%. Verified directly on eqbank.ca. P1. | G.D. Sterling (editor) |
| August 31, 2026 | Best GIC Rates, How Much Cash, Homepage | EQ Bank 1-year GIC rate corrected from 3.30% to 3.40%. P0. | G.D. Sterling (editor) |
| August 10, 2026 | Homepage | FHSA GIC rate corrected from 4.10% to 4.00% (EQ Bank 5-year, ticker ×2). P0. | G.D. Sterling (editor) |
| July 27, 2026 | HISA Decision Widget | EQ Bank rate corrected from 3.75% to 2.75% in widget descriptions. P0. | G.D. Sterling (editor) |
| July 27, 2026 | HISA Decision Widget | Wealthsimple Cash rate corrected from 4.00% to "up to 2.25%" with tier detail. P0. | G.D. Sterling (editor) |
| July 27, 2026 | Saving (Hub Page) | TFSA cumulative room corrected from $95,000 to $109,000. P1. | G.D. Sterling (editor) |
| July 27, 2026 | Site-wide (Footer) | City standardized to Toronto, ON across all pages. P1. | G.D. Sterling (editor) |
| July 27, 2026 | Privacy Policy | Removed inaccurate claim about Google consent management platform deployment. P1. | G.D. Sterling (editor) |
| July 27, 2026 | TFSA vs RRSP vs FHSA, Investing Hub | RRSP maximum dollar limit corrected from $32,490 to $33,810 (2026 figure, per CRA indexation). P0. | G.D. Sterling (editor) |
| July 15, 2026 | Best GIC Rates Canada | EQ Bank GIC rates corrected: 1-year 4.50%→3.30%, 2-year 4.10%→3.55%, 3-year 4.10%→3.65%, 5-year 3.85%→4.00%. P0. | G.D. Sterling (editor) |
| July 15, 2026 | Best HISA Canada, How Much Cash | Neo Financial savings rate corrected from 2.75% to tiered 2.00%–2.75%. P0. | G.D. Sterling (editor) |
| July 15, 2026 | Wealthsimple Review, How Much Cash, Best Chequing | Wealthsimple Cash rates corrected across 4 articles. Verified: Core 1.25% (1.75% with DD), Premium 1.75% (2.25% with DD), Generation 2.25%. No 2.75% tier exists. P0. | G.D. Sterling (editor) |
| July 6, 2026 | Site-wide (Homepage + 6 articles) | EQ Bank Personal Account rate cut from 3.75% to 2.75% (effective June 11, 2026). P0. | G.D. Sterling (editor) |
| June 24, 2026 | Homepage | Prime rate corrected from 4.95% to 4.45% (4.95% was a forward projection, not current). P0. | G.D. Sterling (editor) |
| June 24, 2026 | Homepage, TFSA vs RRSP vs FHSA, Best TFSA, Beginner Investing | TFSA cumulative room corrected from $102,000 to $109,000. P0. | G.D. Sterling (editor) |
| June 24, 2026 | Homepage | 1-yr GIC rate corrected from 4.50% EQ Bank to 3.30% EQ Bank. P0. | G.D. Sterling (editor) |
| June 26, 2026 | Best HISA Canada | Removed Scotiabank MomentumPLUS Savings from Quick Picks and Comparison Table (no affiliate relationship, rates unverifiable). P1. | G.D. Sterling (editor) |
| June 26, 2026 | Best GIC Rates Canada | Removed Scotiabank row (1.50–2.10%) — no affiliate relationship. P1. | G.D. Sterling (editor) |
| June 26, 2026 | Best HISA, Best TFSA | Removed tilde-estimate markers (~) from verified rates. P2. | G.D. Sterling (editor) |
| June 26, 2026 | Best TFSA Accounts | Corrected EQ Bank TFSA savings rate from 3.75% to 1.50% (the 3.75% is the non-registered Personal Account). P0. | G.D. Sterling (editor) |
| June 26, 2026 | Multiple articles (7) | Upgraded 10 passive CTAs ("Open a/an") to benefit-driven language. P2. | G.D. Sterling (editor) |
| June 20, 2026 | Best HISA Canada | Tangerine standard savings rate corrected from 0.70% to 0.30% (effective Feb 23, 2026); promotional rate updated from 5.00% to 4.50%. | G.D. Sterling (editor) |
| June 20, 2026 | Best Chequing Accounts | Tangerine savings rate reference corrected from 0.70% to 0.30%. | G.D. Sterling (editor) |
| June 20, 2026 | Best GIC Rates | BoC rate date updated to June 2026. | G.D. Sterling (editor) |
| June 17, 2026 | Best HISA Canada | EQ Bank rate updated to 3.75% (1.00% base + 2.75% bonus); Saven Financial added (2.85%); Bridgewater added (2.70%); Canadian Tire Bank added (2.40%); PC Financial added (2.20%); Wealthsimple tier rates updated. | G.D. Sterling (editor) |
| June 10, 2026 | Best HISA Canada | EQ Bank rate updated to reflect bonus interest change (effective May 26, 2026). | G.D. Sterling (editor) |
| June 3, 2026 | Best HISA Canada | BoC rate updated to 2.25% following June 2026 rate hold. | G.D. Sterling (editor) |
Editorial Standards
Before publication, every piece of content on Canadian Money Guide goes through a multi-step verification process:
- Researched against primary sources — provider websites, government publications (Bank of Canada, CRA, FCAC, OSFI), and official documentation
- Cross-checked against at least two independent sources where available — including community-maintained rate aggregators like highinterestsavings.ca
- Reviewed for accuracy, clarity, and Canadian-specific applicability — every example uses Canadian tax treatment, Canadian account types, and Canadian regulatory context
- Fact-checked by a second reviewer before publication on all rate-sensitive and tax-related content
Rate-sensitive content is reviewed at minimum every 30 days, or immediately following Bank of Canada rate announcements.
Prioritizing Corrections
Not all corrections carry the same urgency. We prioritize as follows:
| Priority | Type | Response Time | G.D. Sterling (editor) |
| ---------- | ------ | --------------- | G.D. Sterling (editor) |
| P0 | Wrong rates, fees, or tax thresholds that could lead to a financial decision error | Within 24 hours | G.D. Sterling (editor) |
| P1 | Outdated policy references, broken government links, or factual errors in methodology | Within 48 hours | G.D. Sterling (editor) |
| P2 | Typographical errors, formatting issues, or minor clarifications | Within 1 week | G.D. Sterling (editor) |
What Counts as a Correction
- Factual errors — wrong rate, fee, policy detail, or date
- Outdated information — rates that have changed, policies that have been updated
- Misleading framing — technically correct but potentially confusing presentation
- Broken links — citations or references that no longer resolve
Typographical fixes (spelling, grammar) are applied without logging. Only substantive changes that affect a reader's financial understanding are recorded here.
Last updated: October 6, 2026