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The best of the Web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

It's About Time

Mike Holman of the MoneySmarts blog has filled one of the very few remaining holes in the Canadian personal finance bookshelf with a new book on registered retirement education plans.

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Your Morning Smile

Canada Savings Bonds rates have been announced - 0.65 per cent this year for regular CSBs and 1.1 per cent for Canada Premium Bonds (they step up to 1.4 per cent and 1.7 per cent in the next two years). OK, interest rates are ultra low these days, but this is ridiculous.

Much higher rates are available in both GICs and high-interest savings accounts issued by small banks and credit unions (all protected by deposit insurance). To survey the entire market, try the Savings Rate & GIC Comparison Tool located on Globeinvestor's Personal Finance page.

Mortgage Rate Outlook

The Canadian Mortgage Trends blog notes that yields on five-year Government of Canada bonds have hit a 17-month low at a tick less than 2 per cent. If yields stay this low, it could create room for discounted five-year mortgage rates to edge a little lower. As go five-year Canada bonds, so go five-year mortgages.

New Travel Card

An overview of the brand new American Express Gold Rewards card, which offers points that can be used to book any type of travel, or to earn airline frequent flyer points.

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Editor's note: If you don't receive Rob Carrick's newsletter twice weekly by email, you can sign up to get it for free at The Globe and Mail. All you need to do is register for the site, or if you've already registered, login and go to your profile at the top of the homepage. Once you're in your profile, look under Newsletters and Alerts and look for the Personal Finance Reader and other newsletters. Other financial newsletters include:

Business Ticker, a summary of the day's top business stories

Berman's Market Update, a summary of the markets at the open, noon and close

Trade by Numbers, a monthly collection of articles exploring an investing trend or theme

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