GIC Products

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 on a per annum basis and paid annually (where applicable) or compounded annually and paid 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 on a per annum basis and paid annually (where applicable) or compounded annually and paid at maturity.
• 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 on a per annum basis and paid annually (where applicable) or compounded annually and paid at maturity.
• 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.