I just reviewed the Canadian High Interest Savings Account rates. Not much has changed over the past year, the major banks are still at 0.75%. The only other issue to mention is about being cautious with issuers when your deposit is more than $100,000. Recent events with Home Capital have illustrated the importance of diversification and not chasing returns too aggressively. Even though interest rates are low, this is the reality, and an excessive hunt for yield will lead a reckless investor to losses.
