Your All-in-One Canadian Financial Dictionary
Goods and Services Tax (GST)
A federal tax, added to most goods and services in Canada when you make a purchase.
Gross earnings or pay
Your total income before taxes and deductions are taken out.
Growth fund
An investment that focuses on stocks expected to grow faster than average. The goal is to increase your money over time, but the value can go up and down along the way.
Guaranteed Investment Certificate (GIC)
A low-risk investment where your money is locked in for a set time. In return, you earn interest and your original amount is guaranteed.