Bank of Canada is First G-7 Central Bank to Raise Interest Rates

From the Wall Street Journal

The Bank of Canada Tuesday became the first Group of Seven monetary authority to raise interest rates since the credit crisis [...] The bank raised its benchmark overnight rate by 0.25 percentage point to 0.50%. The rate had been at a record low 0.25% since April 2009.

A Central Bank that is willing to raise rates is nice to see. Another thing that is saver-friendly in Canada is the Tax Free Savings Accounts