What is the best way to gain interst on a large sum of money right now?

I have a huge sum of money to invest. I’ve looked at GICs, savings accounts, Federal Bonds, T-Bills, Provincial Bonds, etc… None of the interest rates satisfy me. I want to invest the money long term, and am not afraid of losing access to my money. I don’t wanna play around in the stock market, unless it’s a sure thing (which it almost never is). By the way, the interest rates I’m not satisfied with are around 0.5%-1.85%. I really would like something from 2%-3% or higher. And I live in Canada.

Will interest rates get better after Obama’s inauguration? Are low interest rates just a product (or lack thereof) of the recession in the states? How does this effect me, a Canadian (Quebec, specifically)?

Also, I’ve put a lot of thought into a continuous savings plan, but I’m not completely sold on it. There has to be some sort of catch. It seems too easy.