A corporate-issued bearer note guaranteed by a bank
Higher returns than Treasury bills, a wide choice of terms, and liquidity supported by a large secondary market
Minimum investment: $25,000
Canadian federal and provincial government issues with terms ranging from 30 days to 1 year
The most liquid money market instruments
For investors seeking liquidity and capital security
Commercial paper is an instrument issued by a well-established organization with a solid credit rating. This product offers a higher return than Treasury bills and bankers' acceptances, while remaining liquid and flexible.