Canadian High Interest Savings Bank Accounts

Doug said:

I think it's only a matter of time before they ultimately sell ING Direct Canada, as well. I think it's very clear they are retreating from North America, despite any denials from their PR people, and will focus on their European operations and possibly expand within Europe once they back the EU bailout loans.

It won't be a fire sale, however, so if Ally wants ING Direct Canada, they'll need to bring lots of cash to the table.

You keep on saying that but I don't see why ING would keep on developing new products if what they want is to ultimately sell the business. With the arrival of Streetwise funds and Thrive, and now they're contemplating getting into the credit card business, to me it's not clear at all that they are looking for the exit.
I can understand they might not care so much about the US anymore, but Canada has always been a safe place to do banking and they have a significant imprint in our market. I doubt they are going anywhere anytime soon.

Doug may be closer to the story than you know. ING Bank of Canada actually has 2 branches of operation; ING Direct and ING FAS (which offers the same deposit products through a financial advisor). The client receives the same interest rates through either channel. The advisor rexceives a ver modest compensation for serving these clients. ING has just announced that the they are shutting down the advisor channel. This will go out to clients in mid-summer.
Sounds like Ally – GMAC Finance – (or someone just like them – President's Choice) has an offer in already but wants the advisor 'liabilty' chopped off. Watch for this to close before year end.
I would start looking closely at Manulife Bank.