What is better return on G I C annual or compounding annually thanks?

Answer 1

I think what you're asking is whether it is better to buy a one year GIC perpetually and roll it over versus buying one that has a multi-year term. The answer depends on the direction of interest rates. If interest rates fall then you will be better off taking a multi year GIC. If rates rise you'll be better off rolling over a 1 year GIC.

Guessing interest rates is difficult. If you have no immediate need for the income from a GIC type investment, then I'd just keep rolling over a 1 or 2 year GIC to try to get the best current yield.