GIC Products

Whether you’re saving for retirement, your first car or something in between, we have a GIC that’s just right for you:

Flex-Term GIC

  • 1-year investment term.
  • Get started with as little as $500.
  • Withdraw* or transfer your money to another non-registered term after 30 days, without penalty.
  • Set up automatic deposits.
  • Interest is calculated daily and paid every year at maturity.
  • Available in US funds.
  • View rates

Fixed-Term GIC 

  • 1 to 5-year investment terms.
  • Get started with as little as $500.
  • Your money needs to stay invested for the full term.
  • Interest is calculated daily and paid every year on the anniversary date.
  • View rates

Escalator GIC

  • 3 or 5-year investment terms.
  • Get started with as little as $500.
  • Withdraw* or transfer your money to another non-registered term each year on the anniversary date, without penalty.
  • Your interest rate increases each year.
  • Interest is calculated daily and paid every year on the anniversary date.
  • View rates

For non-registered Escalator products, T5 interest is reported annually based on the average rate of return for the entire term of the product and not the actual interest received in a year. Please consult with your tax professional if you have questions about how this affects your personal tax situation.

To discuss your options in detail, give us a call at 1.866.863.6237 or book an appointment with us online! You can also open a GIC through online banking

* Withdrawals will be subject to withholding tax.