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

Business GICs / Term Deposits


Term/Currency
CAD
USD
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 December 21, 2012.

Early Redemption is available only on Canadian Dollar GIC and U.S. Dollar term deposits with maturities of 1 year or more at 0.75% and 0.25% respectively. No interest is paid for early redemption of GICs or term deposits if the redemption is made within 6 months of opening the GIC or term deposit.
 
  Rate History