Stop me if you’ve heard this before, but yesterday the Bank of Canada left their interest rates unchanged for the 7th consecutive time. This is of interest to DIY investors only because it drives the kinds of rates you can expect from high-interest savings accounts and the like. I’ve updated the page that tracks some HISAs and cash-like ETFs over here.
The overnight rate remains at 2.25%. The rate announcement for the Bank of Canada happens on October 28th.
Stop me if you’ve heard this before, but yesterday the Bank of Canada left interest rates unchanged — again. This is of interest to DIY investors only because it drives the kinds of rates you can expect from high-interest savings accounts and the like. I’ve updated the page that tracks some HISAs and cash-like ETFs over here.
The overnight rate remains at 2.25%. That makes 6 straight rate announcements with no change. The next one for the Bank of Canada happens on September 2nd. Next up is the US Federal Reserve on July 28,
To the surprise of nobody, the Bank of Canada left interest rates unchanged — again. This is of interest to DIY investors only because it drives the kinds of rates you can expect from high-interest savings accounts and the like. I try to keep a table up-to-date with all the latest and greatest news for both HISAs and ETFs that are like HISAs over here.
The overnight rate remains at 2.25%. That makes 5 straight rate announcements with no change. The next one for the Bank of Canada happens on July 15th. The next one for the US Federal Reserve is next week, on June 16th.
To the surprise of no one, both the Bank of Canada and the US Federal reserve announced no changes to their benchmark rates today.
As reflected in HISA and short-term bond table (Canada & US), the Bank of Canada rate held steady at 2.25% and the US Federal Reserve held their rates steady in a range of 3.50-3.75%.
The posted rates matter because they drive numbers like how much money you can expect to earn from a high interest savings account.
Bank of Canada next announces on June 10. US Fed next announces on June 17.
Both the Bank of Canada and the US Federal Reserve held their main interest rates steady: 2.25% for the Bank of Canada, and between at 3.50% and 3.75% for the US Fed.
This sort of announcement is of interest to investors in such things as HISAs and ultra short term bonds, which tend to track these rates pretty closely. The HISA and short-term bond table (Canada & US) has been updated with this new data.
My current cash strategy (5% of my retirement portfolio, see here for the most recent details) remains heavily weighted to the US side of the ledger since the interest rates are currently better there.
The next chance to see a change in rates will be a month: April 29, 2026 for both entities.
