Business Savings Account interest rate Business Chequing Account interest rate Term Deposits


Term/Currency
CAD
USD
1 Month 0.50% 0.50%
3 Months 0.50% 0.50%
6 Months 0.50% 0.50%
1 Year 1.00% 0.75%
2 Years 1.50% 1.25%
3 Years 2.25% 1.50%
4 Years 2.50% 1.75%
5 Years 2.75% 2.25%
Rates are as of July 27, 2010.

Early redemption is available only on Canadian GICs and U.S. Dollar Term Deposits of 1-year and above at 0.75% and 0.25% respectively. No interest will be paid for early redemption on 1-month, 3-month and 6-month GICs or Term Deposits. GICs and Term Deposit interest is compounded annually and payable at the end of term. A minimum investment of 1,000 is required in the currency of deposit. All interest rates are expressed on a per annum basis and are subject to change any time without notice. Other conditions may apply.
 
  Rate History