What are the best high interest ETFs for Canadian investors? Historically, Canadian investors have turned to High Interest Savings Accounts (HISA) offered by banks and brokerages, which are usually bought and sold in the same vein as mutual funds. These… Continue Reading
The Bank of Canada lowered interest rates last week and high interest savings account issuers have adjusted to match their 50 bps cut. Some issuers have made bigger changes. B2B Bank (BTB100) is the highest of the bunch right now… Continue Reading
Interest rates in US dollars are falling again. I have created a USD HISA Rates page that tracks the High Interest Savings rates available to Canadians through their brokerage accounts. Canadian dollar HISA rates are holding steady for the most… Continue Reading
Most HISA rates from major Canadian issuers are up to 1.60% as of the time of writing. A cash portfolio of $1,000,000 will currently yield an annual income of $16,000 at this rate. Click here to view the latest High… Continue Reading
Most HISA rates from major Canadian issuers are up to 1.35% as of the time of writing. Click here to view the latest High Interest Savings Accounts rates
With interest rates rising in the US, and an expectation that the Bank of Canada will raise rates during the remainder of 2018 (including an expected July raise), Canadian high interest savings accounts issuers, have mostly settled into offering rates… Continue Reading
Since Bank of Canada raised benchmark rates a few weeks ago, by this time, all the major HISA issuers in Canada have updated their corresponding rates. The average rate on a high interest savings account that can be purchased through… Continue Reading
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… Continue Reading
