On July 5, 2023, Wealthsimple confirmed that the FHSA (First Home Savings Account) will be made available in Summer 2023. It is still in beta testing, and some members who signed up for the waitlist have reportedly been invited for access as early as June 2023.

CASH.TO is a High Interest Savings ETF from Global X (previously Horizons ETFs) with a 3.72% yield that are paid monthly. But, since it is not CDIC-insured like a GIC, it brings the question, how safe is it to invest in it?