Oaken Update

News, investment tips, events and promotions – you’ll find it all in the Oaken Update!

Answers to some of the most common questions about GICs

Check out these 10 commonly asked questions about GICs and how to incorporate GICs into your savings plans.
July, 2019

  Not sure how you can include GICs to help achieve your financial goals? Check out these 10 commonly asked GIC questions. Read more here. Are women better investors and savers?   In this second article in our “Women and Finance” series, Rubina Ahmed-Haq debunks the myth that men are naturally better savers and investors … read more

Many happy returns, Canada!

June, 2019

  It’s that time of year again! July 1 is just around the corner, so we want to wish all our Oaken customers and friends a happy Canada Day. As our country turns 152 years old, we have a lot to be proud of and thankful for, so there’s every reason to celebrate. To get … read more

Oaken wins again!

May, 2019

  Ever since Oaken first came on the scene, we have won recognition several times in various places for having the best GICs and savings account in Canada. And we’re proud to say that we have recently been recognized once again. Ratesupermarket.ca, one of Canada’s leading personal finance websites, reviews banking products and credit cards across the … read more

Introducing Saversodes!

April, 2019

  There’s nothing more refreshing than hearing genuine stories from real people about the things that matter most. So if saving is something that matters a lot to you, you’ll want to check out our new YouTube channel, called Saversodes. Saversodes is a compilation of odes to saving, and other topics related to saving—by savers, … read more

What’s new in taxes?

March, 2019

Here we are once again, folks—tax time (ugh!). The deadline for filing your 2018 return is Tuesday, April 30. Unless you’re self-employed, in which case you have until June 15. As always, there are changes to the code this year, and we’ve compiled an overview of new rules most likely to be of interest to … read more

In need of a spring break?

February, 2019

This is the time of year when we all get a bit weary of winter, and you might be thinking about a getaway down south to banish the blues. But have you ever thought about Europe as an alternative? Spring in Europe is generally a lot more predictable than in Canada, and much milder. It’s … read more

Tax time is here again

January, 2019

With 2019 now well underway, we want to take this opportunity to remind you that we’re here to help you reach your savings goals and manage your investments throughout the coming year. That starts with us getting you the paperwork you’ll need for your 2018 tax returns. Once again, we’re providing you with a single … read more

The most wonderful time of the year!

December, 2018

We’re almost there! As hard as it is to believe, 2018 is coming to a close, and with time flying by we wanted to take a moment to send you our warmest holiday greetings: Best wishes and a Happy New Year to all our loyal customers and friends, from the entire Oaken family! We’d like … read more

A year-end TFSA gift awaits you!

November, 2018

Although there hasn’t been any official announcement as yet, it’s expected that the annual contribution limit for TFSAs is about to go up. If so, it will rise to an amount of $6,000 in 2019, which is an increase of $500 from recent years. This means that as of January 1, 2019, the total contribution … read more

It’s time to brush up on finance again

October, 2018

November is Financial Literacy Month (FLM), and here at Oaken we’re all prepped. Financial literacy is a key skill that has garnered a lot more attention in recent years. Recognizing that many Canadians have a limited understanding of basic financial concepts, the federal government launched this program in 2012, under the leadership of the Financial … read more