It depends on the term length you choose for your investment. The term can range from 1 to 5 years with a Fixed-Term GIC and you can access your funds at the end of the term, otherwise known as the maturity date.
With an Escalator GIC, terms can be set at 3 or 5 years and funds can be accessed at maturity or on the anniversary date each year.
Flex-Term GICs offer more flexibility – you can withdraw your deposit in as little as 30 days after purchasing the GIC, without penalty.
When your GIC matures, you can withdraw your money if you need it, transfer it into a different investment or leave it and let it automatically roll over into a new GIC of the same term and type. Call our Contact Centre at 1.866.863.6237 to discuss your options in detail.