GIC Rates

Our best GIC rates as of January 20, 2021 

Term GIC RRSP
1 Year 1.350% 1.350%
2 Years 1.400% 1.400%
3 Years 1.450% 1.450%
4 Years 1.550% 1.550%
5 Years 1.650% 1.650%

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)