When to consider extra RRIF withdrawals Apr 8th
Best fixed-income ETFs for Canadian investors 2026 + MORE Apr 29th
The best high-interest savings accounts in Canada for 2026 + MORE Mar 11th
Scotiabank Gold American Express Card review + MORE Jan 14th
The best high-interest savings accounts in Canada for 2026 + MORE Feb 11th
Here’s a round-up of news for Canadian investors this week.
Barrick Mining
Alimentation Couche-Tard
Blue Ant Media
Brookfield
Featured RRSP Accounts
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EQ Bank
Build your retirement savings with 1.50% interest, tax-deferred contributions and zero fees.
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Registered GIC rate
Earn a guaranteed 2.75% in your RRSP when you lock in for 1 year.
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Best RRSP rates
See our ranking of the best RRSP accounts and rates available in Canada.
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The best high-interest savings accounts in Canada for 2025
– moneysense.ca
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings of major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.
Best high-interest savings account rates in Canada
Generally, savings accounts offer very low interest rates. So, if you want to earn on your deposits (rather than simply using your account as a temporary “holding tank” or directing to longer-term saving and investing vehicles), a savings account with a high interest rate is a no-brainer…
How does a pension buyback work?
– moneysense.ca
A common situation is when you were on leave, including maternity or parental leave. Another example might be if you transfer from one DB pension to another when you start a new job, and the new pension has a more lucrative pension formula.
Funding a buyback
When you buy back service, you can use money that is in your registered retirement savings plan (RRSP). This is not considered an RRSP withdrawal. The funds can be transferred on a tax-deferred basis to the pension and boost your future payments in exchange for giving up some of your RRSP savings.
Although you could use money in a tax-free savings account (TFSA) or from another source if your RRSP was insufficient, this could be subject to a limit…


