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Top 15 High-Interest Savings Accounts in Canada for 2025: Where Your Money Works Harder

In 2025, Canadians are more financially savvy than ever, and choosing the right high-interest savings account (HISA) can make a significant difference in growing your wealth. Whether you're saving for a rainy day, a big purchase, or just want your money to earn more while sitting safely, these accounts offer competitive interest rates, low fees, and flexible access. Here’s a roundup of the 15 best high-interest savings accounts in Canada this year: Best High-Interest Savings Accounts in Canada (2025) Bank / Institution Account Name Interest Rate (Approx.) Key Features EQ Bank Savings Plus Account 4.00% No monthly fees, free transfers Tangerine High-Interest Savings Account Up to 5.00% (promo) Mobile app, automatic savings tools Simplii Financial High Interest Savings Account Up to 5.25% (promo) No fees, easy online access Neo Money Neo High-Interest Account 4.00% No fees, cashback integration Motive Financial Savvy Savings Account 4.10% High rate, online-only banking ...
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Trudeau Announces High-Speed Rail Line Between Quebec City and Toronto

 

In a landmark announcement, Prime Minister Justin Trudeau revealed plans for a high-speed rail line connecting Quebec City and Toronto. The project, which is set to be the largest infrastructure undertaking in Canadian history, aims to revolutionize travel between these major cities.

The selected consortium, Cadence, will co-design, build, finance, operate, and maintain the high-speed rail line. The train is expected to travel at speeds of up to 300 kilometers per hour, significantly reducing travel time between Montreal and Toronto to just three hours.

The rail line will feature stops in key cities including Trois-Rivières, Laval, Ottawa, and Peterborough, enhancing connectivity across the region. The project is anticipated to boost economic growth, create thousands of jobs, and reduce emissions

The design phase is expected to take four to five years, with construction commencing thereafter. While the project has garnered significant support, its future will depend on continued funding and political backing.

This high-speed rail line promises to be a game-changer for Canadians, offering a faster, more efficient, and environmentally friendly mode of transportation.

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