Safer Way to Grow Your Money

A Guaranteed Investment Certificate (GIC) or Term Deposit is a safe and secure way to grow your savings. You deposit a fixed amount for a specific period and the interest rate is assured for the entire term. It’s a simple way to earn steady returns while keeping your money protected.

Redeemable GICs let you access your money before the term ends, offering flexibility for emergencies. Non-Redeemable GICs do not allow early access, which can result in higher assured returns. Both types are secure and insured by the Canada Deposit Insurance Corporation (CDIC), subject to coverage limits.

Redeemable GICs and Term Deposits can be opened for 1 to 5 years, while Non-Redeemable options offer terms from 1 month to 60 months. You can choose a term that fits your savings goals and plans.

For both Redeemable and Non-Redeemable GICs and Term Deposits, the minimum deposit is just CAD/USD 1,000. This makes it accessible to people who want a secure investment option.

Interest on all GICs and Term Deposits is compounded annually and paid at the end of the term. This means your money earns interest on both your initial deposit and the interest already earned, helping your savings grow faster.

Terms and Conditions apply

Refer to our Disclosure Statement for our schedule of charges