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.
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If you spot something wrong, out-of-date, or unclear: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.
Correction Log
All substantive corrections are logged below with the date, page, and a brief description of the change.
2026
| Date | Page | Correction |
| September 21, 2026 | Best Chequing Accounts Canada, Online Banks vs Big Banks | Tangerine standard savings rate references corrected from 0.30% to 0.70% (current rate, effective February 23, 2026). Three locations updated: chequing caveats paragraph; online-banks comparison table row; interest-rate range in the at-a-glance table (0.30%–2.75% → 0.70%–2.75%). Best HISA page was already correct. P0 (rate accuracy on a comparison page). |
| September 21, 2026 | Best HISA Canada, How Much Cash Should You Keep | Simplii Financial promotional rate corrected from ~5.00% to 4.60% (verified live at simplii.com/en/special-offers, valid Aug 1 – Oct 31, 2026, eligible deposits up to $200K, 153 days / 5 months). Added Simplii offer-dates footnote to the rates-verified line. Tangerine 5.00% promo unchanged (verified independently for Aug 28 – Oct 30, 2026). P0 (active new-customer offer window). |
| September 14, 2026 | Best GIC Rates Canada | Frontmatter editorial refresh — title (August → September 2026), description "updated for August" → "updated for September", last_updated field (August → September 2026). Body rates and footnotes unchanged. The Sep 4 GIC rate commit (2yr 3.55→3.65%, 3yr 3.65→3.80%) updated body content but missed the frontmatter date metadata, so the schema dateModified was lagging 5 weeks behind actual content. P2. |
| 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/rates (cannex update timestamp 2026-09-04). 1-year (3.40%) and 5-year (4.00%) were already correct from the August 31 cycle. P1 (drift within ±20bps, not material to a deposit decision). |
| September 9, 2026 | Best HISA Canada, Online Banks vs Big Banks, Best Newcomer Bank Accounts | Added forward-looking note for Neo Financial's October 1, 2026 restructuring: savings rates will tie to paid memberships (Essentials 2.00%, Start 2.25%, Build 2.50%, Grow 2.75%) instead of balance tiers. Top 2.75% rate will require Grow membership at $14.99/month. Best HISA page also bumped last_updated to September 9, 2026 and updated Bank of Canada footnote to reflect September 2 hold (seventh consecutive at 2.25%). Verified against neofinancial.com/whats-changing-october-2026 and bankofcanada.ca. All other HISA rates unchanged. P0 (preventive disclosure — readers making a HISA choice in the next 3 weeks need to see the upcoming change). |
| August 31, 2026 | Best GIC Rates Canada, How Much Cash, Homepage | EQ Bank 1-year GIC rate corrected from 3.30% to 3.40%. Updated comparison table, intro callout, FAQ, footer footnote, and homepage ticker (×2) + hero rate-card. The rate was raised on eqbank.ca/rates (effective June 11, 2026) but the article had not been refreshed since the July 15 verification cycle. Verified directly on eqbank.ca/rates. P0. |
| August 10, 2026 | Homepage | FHSA GIC rate corrected from 4.10% to 4.00% (EQ Bank 5-year, ticker ×2). The 4.10% was unverified — EQ Bank's FHSA GIC maxes at 4.00% (effective June 11, 2026), matching TFSA and RRSP GIC rates. Added provider attribution (EQ Bank) to match other ticker items. P0. |
| July 27, 2026 | HISA Decision Widget | EQ Bank rate corrected from 3.75% to 2.75% in widget descriptions. This widget was missed in the July 6 site-wide EQ Bank rate correction (3.75%→2.75% effective June 11, 2026). P0. |
| July 27, 2026 | HISA Decision Widget | Wealthsimple Cash rate corrected from 4.00% to "up to 2.25%" with tier detail. Widget descriptions now match verified July 2026 rates. P0. |
| July 27, 2026 | Saving (Hub Page) | TFSA cumulative room corrected from $95,000 to $109,000. This page was missed in the June 24 site-wide cumulative room fix. P1. |
| July 27, 2026 | Site-wide (Footer) | City standardized to Toronto, ON across all pages. Footer previously displayed Calgary, AB while schema, About, and Contact pages all referenced Toronto. P1. |
| July 27, 2026 | Privacy Policy | Removed inaccurate claim that Google consent management platform was deployed. Replaced with honest statement about Funding Choices. P1. |
| July 27, 2026 | TFSA vs RRSP vs FHSA, Investing Hub, SVG graphic | RRSP maximum dollar limit corrected from $32,490 to $33,810 (2026 figure, per CRA indexation). Old figure was the 2025 limit mislabeled as 2026. Added 2027 forward-looking footnote ($35,390). P0. |
| 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%. Verified directly on eqbank.ca/rates (effective June 11, 2026). Unverified provider rates (Oaken, Tangerine, Motive) marked with ~ tilde. P0. |
| July 15, 2026 | Best HISA Canada, How Much Cash | Neo Financial savings rate corrected from 2.75% to tiered 2.00%–2.75% (2.00% base, 2.50% with $5K+, 2.75% with $20K+). Neo decreased base rate on June 24 per highinterestsavings.ca. P0. |
| July 15, 2026 | Wealthsimple Review, How Much Cash, Best Chequing | Wealthsimple Cash rates corrected across 4 articles. Previous articles had Core 1.75%/Premium 2.25%/Generation 2.75% — verified via Wealthsimple directly: Core 1.25% (1.75% with DD), Premium 1.75% (2.25% with DD), Generation 2.25%. No 2.75% tier exists. P0. |
| July 6, 2026 | Site-wide (Homepage + 6 articles) | EQ Bank Personal Account rate cut from 3.75% to 2.75% (effective June 11, 2026). Bonus component reduced from 2.75% to 1.75% (1.00% base + 1.75% bonus = 2.75% effective). Updated homepage ticker (×2), rates card, and 6 content articles: banking.md, best-chequing-accounts-canada.md, best-tfsa-accounts-canada.md, emergency-fund-canada.md, how-much-cash-should-you-keep.md. Verified directly on eqbank.ca/rates. P0. |
| June 20, 2026 | Best HISA Canada | Tangerine standard savings rate corrected from 0.70% to 0.30% (effective February 23, 2026); promotional rate updated from 5.00% to 4.50%; Bank of Canada rate date updated to June 2026 |
| June 20, 2026 | Best Chequing Accounts Canada | Tangerine savings rate reference corrected from 0.70% to 0.30% |
| June 20, 2026 | Best GIC Rates Canada | Bank of Canada rate date updated to June 2026 |
| 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 Bank added (2.70%); Canadian Tire Bank added (2.40%); PC Financial added (2.20%); Wealthsimple tier rates updated to Core 1.75% / Premium 2.25% / Generation 2.75% |
| June 10, 2026 | Best HISA Canada | EQ Bank rate updated to reflect bonus interest change (effective May 26, 2026) |
| June 3, 2026 | Best HISA Canada | Bank of Canada rate updated to 2.25% following June 2026 rate hold |
| June 24, 2026 | Homepage | Prime rate corrected from 4.95% to 4.45% (ticker ×2). 4.95% was a forward projection, not current rate. Verified against Ratehub.ca and WOWA.ca; sanity check: 2.25% BoC + 2.20% = 4.45% prime. P0. |
| June 24, 2026 | Homepage, TFSA vs RRSP vs FHSA, Best TFSA Accounts, Beginner Investing | TFSA cumulative room corrected from $102,000 to $109,000 (2026 limit of $7,000 added to the $102,000 cumulative through 2025). Major institutions (TD, Wealthsimple, Tangerine, RBC) confirm $109,000. P0. |
| June 24, 2026 | Homepage | 1-yr GIC rate corrected from 4.50% EQ Bank (ticker) and 4.20% Oaken (benchmarks box) to 3.30% EQ Bank — resolved internal contradiction. Both the rate and the provider were wrong; verified against EQ Bank's live rates page (effective June 11, 2026). P0. |
| June 26, 2026 | Best HISA Canada | Removed Scotiabank MomentumPLUS Savings from Quick Picks and Comparison Table (no affiliate relationship, rates unverifiable). Replaced Scotiabank StartRight newcomer section with vendor-neutral newcomer guidance + EQ Bank CTA. P1. |
| June 26, 2026 | Best GIC Rates Canada | Removed Scotiabank row (1.50–2.10%) — no affiliate relationship, dead weight. P1. |
| June 26, 2026 | Best HISA Canada, Best TFSA Accounts Canada | Removed tilde-estimate markers (~) from verified rates. P2. |
| June 26, 2026 | Best TFSA Accounts Canada | Corrected EQ Bank TFSA savings rate from 3.75% to 1.50%. The 3.75% rate is for the non-registered Personal Account only — the TFSA Savings Account rate is 1.50%, verified directly on eqbank.ca/rates. Updated copy to note the rate differential. P0. |
| June 26, 2026 | Best HISA Canada, Best GIC Rates Canada, Best Chequing Accounts, Best TFSA Accounts, Wealthsimple Review, Norbert's Gambit, First-Time Home Buyer | Upgraded 10 passive CTAs ("Open a/an") to benefit-driven language across 7 articles. P2. |
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. Our content calendar triggers automated freshness checks on a weekly cycle.
Prioritizing Corrections
Not all corrections carry the same urgency. We prioritize as follows:
| Priority | Type | Response Time |
| P0 | Wrong rates, fees, or tax thresholds that could lead to a financial decision error | Within 24 hours |
| P1 | Outdated policy references, broken government links, or factual errors in methodology | Within 48 hours |
| P2 | Typographical errors, formatting issues, or minor clarifications | Within 1 week |
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: September 14, 2026