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5 Things to Know Today — September 22, 2026

  September 22, 2026 BoC hike odds reach a coin flip. Oil retreats from four-month highs. Trump's Belarus potash play draws fire. A new federal bill speeds up major projects — with strings attached. Here's what moves your money today. 1. BoC October Hike Is Now a Coin Flip The Bank of Canada next meets October 28 , and markets are evenly split on whether it will raise rates for the first time since cutting to 2.25%. The whiplash is largely imported: after the U.S. Federal Reserve hiked 25 basis points to 3.75–4.00% on September 16 in a unanimous 12-0 vote — the first American rate increase since July 2023 — market-implied odds of a matching BoC move jumped from below 10% to roughly 60% in two weeks, according to LSEG Data & Analytics. Before the BoC's September 2 hold, odds of a hold sat at 94%. The 175-basis-point gap between the BoC (2.25%) and the Fed (3.75–4.00%) is the widest since 2022, which puts direct downward pressure on the loonie and upward pressure on Ca...
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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 / InstitutionAccount NameInterest Rate (Approx.)Key Features
EQ BankSavings Plus Account4.00%No monthly fees, free transfers
TangerineHigh-Interest Savings AccountUp to 5.00% (promo)Mobile app, automatic savings tools
Simplii FinancialHigh Interest Savings AccountUp to 5.25% (promo)No fees, easy online access
Neo MoneyNeo High-Interest Account4.00%No fees, cashback integration
Motive FinancialSavvy Savings Account4.10%High rate, online-only banking
Oaken FinancialOaken Savings Account3.75%CDIC insured, no monthly fees
WealthsimpleCash Account4.00%No fees, investing integration
Alterna BankHigh Interest eSavings Account3.75%Free transfers, no fees
KOHOEarn Interest AccountUp to 5.00% (with direct deposit)Prepaid card integration
Manulife BankAdvantage Account3.85%Hybrid chequing/savings
Hubert FinancialHigh Interest Savings4.15%Manitoba credit union, online access
Outlook FinancialHigh Interest Savings4.10%No fees, strong rates
Achieva FinancialHigh Interest Savings4.05%Manitoba-based, CDIC insured
Saven FinancialHigh Interest Savings3.90%Ontario credit union, online banking
Canadian Tire BankHigh Interest Savings3.75%Trusted brand, easy access

Note: Rates are subject to change and may include promotional offers. Always check the institution’s website for the most current details.

Tips for Choosing the Right HISA

  • Compare rates regularly: Promotions can boost your earnings temporarily.
  • Watch for fees: Many online banks offer no-fee accounts.
  • Consider access: Mobile apps and online transfers make saving easier.
  • Check insurance: Look for CDIC or provincial deposit insurance coverage.


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