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​Guaranteed Investment Certificates (GICs)

  • Personal
  • ​​Guaranteed Investment Certificates (GICs)
 
 

Get a competitive rate of return and the safety of government-guaranteed deposit insurance

With Guaranteed Investment Certificates, your principal is secure and your interest is guaranteed for the term. 

You can hold all of our term investments in non-registered form or in RRSP, RRIF and TFSA plans. Some types of term investments are eligible for RESPs.

 

Select a GIC

Short-term Guaranteed Investments

Put your money somewhere safe for a short time.

  • Terms go from 30 to 364 days
  • Competitive rates offer guaranteed growth
  • Available in non-registered form or in RRSP, RRIF and TFSA accounts
  • Government guaranteed deposit insurance up to $250,000 for unregistered investments, unlimited on registered plans
List of rates for SHORT-TERM REDEEMABLE TERM DEPOSITS
SHORT-TERM REDEEMABLE TERM DEPOSITS Rate
90 - 179 Days
0.20
180 - 269 Days
0.20
270 - 364 Days
0.20
List of rates for SHORT-TERM NON-REDEEMABLE TERM DEPOSITS
SHORT-TERM NON-REDEEMABLE TERM DEPOSITS Rate
90-179 Days
0.45
180 - 269 Days
0.45
270 - 364 Days
0.45

Long-term Guaranteed Investments

Build a foundation for your long-term plans.

  • Redeemable and non-redeemable terms from one to five years
  • Our laddering strategy maximizes returns and reduces sensitivity to changing interest rates
  • Available in non-registered form or in RRSP, RRIF, RESP and TFSA accounts
  • Government guaranteed deposit insurance up to $250,000 for unregistered investments, unlimited on registered plans
List of rates for LONG-TERM REDEEMABLE TERM DEPOSITS
LONG-TERM REDEEMABLE TERM DEPOSITS Rate
1 Year
0.35
2 Year
0.45
3 Year
0.50
4 Year
0.55
5 Year
0.60
List of rates for LONG TERM NON-REDEEMABLE TERM DEPOSITS
LONG TERM NON-REDEEMABLE TERM DEPOSITS Rate
1 Year
1.10
2 Year
1.45
3 Year
1.70
4 Year
1.90
5 Year
2.15

Market-linked Guaranteed Investment Certificates

If you want higher returns but you don’t want to risk your principal.

  • Principal is 100% guaranteed at maturity
  • Can provide a higher return than a fixed-rate term investment
  • No monitoring needed
  • No fees to calculate or deduct from returns
  • Government guaranteed deposit insurance up to $250,000 for unregistered investments, unlimited on registered plans

     

Accelerator Guaranteed Investment Certficate

Grow your investment at the maximum rate, with an option to redeem a portion before maturity

  • Offers high interest rates in every year of the five-year term
  • Option to convert to a regular GIC in third and fourth year for remainder of the term (or longer)
  • Take advantage of rising rates by re-investing your deposit at a higher rate
  • Redeem up to 20% of the principal with no penalty, once a year
  • Government guaranteed deposit insurance up to $250,000 for unregistered investments, unlimited on registered plans
 
List of rates for 5-YEAR ACCELERATOR TERM DEPOSIT
5-YEAR ACCELERATOR TERM DEPOSIT Rate
Year 1
1.10
Year 2
1.35
Year 3
1.65
Year 4
2.00
Year 5
4.00

24-Month Escalator Guaranteed Investment

A smart way to save!

  • Two-year term, split into three, eight-month intervals – enjoy rising rates for the two-year period
  • Interest compounds every eight months – earn interest on your interest
  • Available in non-registered form or in RRSP, RRIF and TFSA accounts (excluding RESPs)
  • Deposit insurance: government-guaranteed up to $250,000 for unregistered investments; unlimited on registered plans
 
List of rates for 24-MONTH ESCALATOR GIC
24-MONTH ESCALATOR GIC Rate
Months 1 - 8
0.90
Months 9 - 16
1.30
Months 17 - 24
1.70
Effective Yield
1.30

​​Speak with one of our Member consultants

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Financial planning

Let our investment advisors guide you on the right path to your financial success. 

TFSAs

Grow your savings tax-free with a Tax-Free Savings Account.  

RRSPs

Your retirement savings will grow tax-free with a Registered Retirement Savings Plan.