You Have $5000 Saved Which You May Need for Home

Multiple Choice

You have $5000 saved which you may need for home repairs at any time in the next few years.If you did need the funds,you would have a weeks' notice to access the funds.Which of the following would likely give you the best return for your $5000?

A) A three-year cashable GIC outside a TFSA
B) A three-year cashable GIC in a TFSA account
C) A savings account
D) A three-year term deposit in a TFSA account