Not "we could not find any." We looked, and the shelf is empty. Here is the evidence, so you can decide whether that is an opportunity or a warning.
The central bank policy rate is 2.25% (Target for the overnight rate). source
No yield-bearing CAD instrument exists on-chain in commercial distribution. Verified absent across Purpose, Evolve, 3iQ, Wealthsimple, Fidelity Canada, CI, Global X and all three CAD stablecoin issuers (QCAD, CADD, CADC/Loon). Stablecoin Act s.32 prohibits an issuer paying interest or yield, directly or indirectly; s.12 exempts a financial institution, which is the opening Tetra may sit in. Bank of Canada is the supervisor. s.97 is not yet in force; the operative Finance Canada timeline is 2027.
An empty shelf in a currency with a real policy rate is a gap between what savers are owed and what they can reach. It closes when someone with the licence to hold the underlying paper is willing to put a claim on it on-chain. Until then, holders of CAD choosing to earn are choosing to hold a different currency, whether they have priced that decision or not. The calculator prices it.
See every currency or read how we establish that something is absent.