Guaranteed Investment Certificates (GIC)

GICs are secure investments with a guaranteed return and terms ranging from 1 month to 5 years.


  • Maximum principal protection
  • Insured by the Canada Deposit Insurance Corporation (CDIC)
  • Interest rates are fixed for the entire term (final return is known in advance)

Range of terms from 1 month to 5 years

  • Terms of less than 1 year:

interest paid at maturity (Minimum investment: $5,000)

  • Terms of 1 year or more:

simple interest, choice of annual, quarterly or
monthly payments (Minimum investment: $5,000)
annual compound interest, capitalized at maturity (Minimum investment : $1,000)

You can choose between these options:

Non-Redeemable GIC:

  • Attractive returns but no possibility of withdrawing funds before term maturity
  • Higher rates than redeemable GICs
  • Available in CDN$ or US$
  • Special offer: Monthly Cash Management GIC

Redeemable GIC:

  • Access to your funds at any time, if you need them. A penalty will be assessed based on the holding period
  • Partial redemption allowed