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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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Trump Proposes 25% Tariffs on Autos, Pharmaceuticals, and Semiconductor Chips

 

In a move that could significantly impact international trade, former President Donald Trump has announced plans to impose 25% tariffs on automobile, pharmaceutical, and semiconductor chip imports. The announcement was made during a press briefing at his Mar-a-Lago estate in Florida, where he outlined his intentions to reshape global trade policies.

Trump stated that the tariffs on auto imports would be "in the neighborhood of 25 percent" and are set to be implemented as early as April 2. This date coincides with the day his cabinet members are expected to deliver reports outlining options for various import duties. The proposed tariffs aim to address what Trump perceives as unfair treatment of U.S. automotive exports in foreign markets.

In addition to automobiles, Trump plans to impose similar tariffs on imported semiconductors and pharmaceutical goods. He mentioned that the government could collect 25% or higher in taxes for these imports, with the rates potentially increasing over the course of a year. Trump emphasized that he wants to give companies in these industries some time to build factories in the U.S. to avoid the new tariffs.

The proposed tariffs have raised concerns among economists and industry experts, who warn that they could lead to higher prices for consumers and increased costs for businesses. The automotive industry, in particular, could see significant price hikes, as nearly half of vehicle sales in the U.S. last year were imported from foreign countries.

Trump's announcement is part of a broader effort to promote "balanced" trade with foreign markets and encourage the reshoring of strategic industries. While the proposed tariffs could have far-reaching effects, Trump believes they will ultimately benefit the U.S. economy in the long run.


: [Yahoo News](https://ca.news.yahoo.com/trump-plans-to-impose-25-percent-tariffs-on-automobile-and-semiconductor-imports-130044480.html)

: [CBC News](https://www.cbc.ca/news/canada/windsor/trump-tariffs-pharma-chips-auto-25-percent-1.7462509)

: [MSN](https://www.msn.com/en-us/money/markets/trump-plans-to-impose-25-tariffs-on-autos-chips-and-pharmaceuticals/ar-AA1zkWCA)

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