GIC Rates
Our best GIC rates as of April 1, 2025
| Term | GIC | RRSP |
|---|---|---|
| 1 Year | 4.050% | 4.050% |
| 2 Years | 3.850% | 3.850% |
| 3 Years | 3.510% | 3.510% |
| 4 Years | 3.610% | 3.610% |
| 5 Years | 3.550% | 3.550% |
Enhanced rates may be available for deposits of $25,000 or more.
Rates for registered investments (RRSP) may differ from non-registered investments
How is your GIC Guaranteed?
The Canadian Deposit Insurance Corporation is a federal Crown corporation created by Parliament in 1967 to protect your deposits (up to $100,000) made with member financial institutions in case of their failure (for more information go to cdic.ca). In addition, the Deposit Guarantee Corporation of Manitoba provides 100% guarantee of deposits held with Manitoba credit unions and caisses populaires. (for more information go to depositguarantee.mb.ca). Finally, Assuris offers protection in the event that a life insurance company fails. Assuris is a not-for-profit corporation funded by the life insurance industry. It protects Canadian policyholders against loss of benefits due to the financial failure of a member company (for more information go to assuris.ca)