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PC Money going down to 3.5%
January 20, 2025
1:15 pm
Rail Baron
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Here's what they said:

Given the Bank of Canada’s recent decision to lower their benchmark interest rate, we have decided to adjust our rate by 0.50%. This means the annual interest rate on your savings balance will be 3.50%*, starting January 21, 2025.

January 20, 2025
7:13 pm
everhopeful
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Kind of a stretch to call it a recent decision when they are doing it just a week ahead of the next BoC announcement sf-smile

Even with the cut, they are still leader of the HISA pack.

Farewell 4% Canadian HISA, I think it's going to be a long journey before we see you again.

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