Guaranteed Investment Certificates (GICs)

Looking for a great GIC at a great rate?

You're in the right place! Put your savings to work with safety and security.

Whether you’re looking to add a safe investment to your Tax-free Saving Account (TFSA), save for your child’s education in a Registered Education Savings Plan (RESP), or balance your Registered Retirement Savings Plan (RRSP), GICs can be a great way to preserve principal and receive a guaranteed return at a competitive rate.

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Benefits of a Guaranteed Investment Certificate:

  • You will never lose your principal investment
  • You know what return you’ll receive in advance, and it’s guaranteed
  • No worries about market fluctuations
  • RRSP, TFSA, LIF, RESP, and RRIF eligible

Long or Short Term?

Determining which GIC term is best for you depends on the length of time before you will require your funds. Our GICs are non-redeemable, meaning they must be held until maturity.

Why Us?

We’ve done the shopping for you to find the best GIC rates for our clients! Contact one of our friendly GIC experts today to learn more about which investment term is right for you.

Long Term GIC (1-5 Years)

If you don’t expect to require your initial investment in less than a year, long term GICs are the way to go. We offer both “annual” and “annual compound” payments. For “annual” interest is accrued and paid annually. For “annual compound” interest is accrued annually and paid at maturity. As of these GICs are non-redeemable, meaning they must be held to maturity in order to receive your full guaranteed return.

Short Term GIC (30-364 Days)

If you have a shorter time horizon, or you anticipate possibly requiring the funds in less than a year, a short term GIC may be best for you. Interest earned is accrued annually and paid at maturity. These are also non-redeemable, and must be held to maturity in order to receive the full benefit.

Last updated Sep 7, 2017